Back to Search
Property profile & analytics
FOR LEASE
Office buildings
125 Worth Ave Palm Palm Beach, FL 33480
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-4305140
For Lease
1 / 8
Contact for pricing
125 Worth Ave,Unit Palm, Palm Beach, FL 33480
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1974
Construction
STEEL FRAME
Total area
49,401 SF
Lot
0.79 ac (34,373 SF)
Zoning code
C-WA
APN
50-43-43-23-05-016-0380
UPID
US18-4305140
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
John C Dotterrer PA Law Firm
-
Marks Neville S MD Physician
-
Ferretti Group Palm Beach (Bike/Boat/Book/etc) Store
-
William Raveis Real Estate Palm Beach Real Estate Agency
-
The Fite Group Luxury Homes Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
125 Worth LLC · 3 yrs held
125 Worth LLC
since 2023
Last sale
$83.0M
4 recorded transactions
Zoning & alternative use
C-WA · Palm Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Palm Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$708,569
Tax year 2023
Assessed value
$52,696,282
Assessed 2023
Previous assessed
$31,291,355
+68.4% YoY
Effective rate
1.34%
On assessed value
Assessed land
$20,405,000
Assessed improvement
$32,291,282
Land market value
$20,405,000
Improvement market value
$32,291,282
Total market value
$52,696,282
Applied tax rate
50,411.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1974
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
NONE
Stories
3
Total area
49,401 SF
Lot
0.79 ac (34,373 SF)
Zoning code
C-WA
APN
50-43-43-23-05-016-0380
UPID
US18-4305140
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
C-WA · Palm Beach, FL
Zoning C-WA · permitted uses
C-WA · Palm Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palm Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Lot
0.79 ac
Current owner
From public records · entity-resolved
125 Worth LLC
Entity
Mailing address
200 S BISCAYNE BLVD STE #3300, MIAMI, FL 33131-2349
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2023
$83,000,000
125 Worth LLC
125 Worth Partners LLC
Special Warranty Deed
—
Aug 29, 2018
—
125 Worth Partners LLC
—
Deed
related
$22,840,000 · Cibc Bk USA
Oct 31, 2017
$30,700,000
125 Worth Partners LLC
Cp 125 Worth Ave LLC
Special Warranty Deed
related
$45,680,000 · Cibc Bank USA
Oct 28, 2004
$13,650,000
Whalou Properties III LLC
125 Worth Avenue
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
