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Property profile & analytics
OFF-MARKET
Estimated value
$1,075,000
Residential income homes
127 Blue Heron Blvd Riviera Beach, FL 33404-4428
Individually Owned
4-yr Hold
Property ID
US18-4105206
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1958
Construction
CONCRETE
Total area
3,367 SF
Lot
0.24 ac (10,502 SF)
Zoning code
DG
APN
56-43-42-28-14-009-0150
UPID
US18-4105206
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.18M
CAP Approach
CAP
$865k
Comparable Approach
Comparable
$1.29M
Blend (final)
Blend
$1.08M
Owner & transaction history
Fritz Pamphile Const Consultant Inv · 4 yrs held
Fritz Pamphile Const Consultant Inv
since 2021
Last sale
$960,000
4 recorded transactions
Zoning & alternative use
DG · Riviera Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Downtown General
General category
COMMERCIAL
Zone area
161.00 ac
Source
Realmo
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 Riviera Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riviera 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
Method
Estimation
Statistic approach
$1,195,000
ML approach
$1,180,000
CAP Approach
CAP Return
Estimation
6%
$935,000
6.5%
$865,000
7%
$800,000
Blend value · Realmo final
$1.08M
Range $968k – $1.18M · ±10% · vs last sale $960k (Oct 20 2021)
Last sale anchor
$960k
Oct 20 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$319 / SF
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
$15,261
Tax year 2023
Assessed value
$693,584
Assessed 2023
Previous assessed
$693,584
+0.0% YoY
Effective rate
2.20%
On assessed value
Assessed land
$173,400
Assessed improvement
$520,184
Land market value
$173,400
Improvement market value
$520,184
Total market value
$693,584
Applied tax rate
56,407.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1958
Construction
CONCRETE
Heating
NONE
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Units
1
Bathrooms
21
Total area
3,367 SF
Lot
0.24 ac (10,502 SF)
Zoning code
DG
APN
56-43-42-28-14-009-0150
UPID
US18-4105206
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
DG · Riviera Beach, FLZoning DG · permitted uses
DG · Riviera Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Downtown General
General category
COMMERCIAL
Zone area
161.00 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1958
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
21
Lot
0.24 ac
Current owner
From public records · entity-resolved
Fritz Pamphile Const Consultant Inv
Individual
Mailing address
2101 VIS PKWY #256, ROYAL PALM BEACH, FL 33411-2706
Ownership since
2021
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
Oct 20, 2021
$960,000
Fritz Pamphile Const Consultant Inv
Thomas Howard
Warranty Deed
$720,000 · Lamb Capital LLC
Aug 27, 2019
$100
Ehh Living Trust
127 West Blue Heron Blvd INC
Deed In Lieu Of Foreclosure
related
—
Jun 15, 2016
$800,000
127 West Blue Heron Blvd INC
Ehh Living Trust
Grant Deed
$560,000 · Ehh Living Trust (pt)
—
—
Thomas Howard
—
Deed Of Trust
related
$210,000 · Bank Of The West
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.
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