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Property profile & analytics
OFF-MARKET
Manufacturing properties
13 Royal Palm St Lake Placid, FL 33852-5058
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-2843998
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2006
Construction
CONCRETE BLOCKS
Total area
2,352 SF
Lot
0.22 ac (9,600 SF)
Zoning code
C3
APN
P-01-37-29-010-0060-0120
UPID
US18-2843998
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
-
Brantley Properties Inc Real Estate Agency
-
Madge Stewart – Realtor Real Estate Agency
-
Made in the Shade - Heartland (Bike/Boat/Book/etc) Store Home Decor Store
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
Cheryl Brantley · 2 yrs held
Cheryl Brantley
since 2023
Last sale
$357,500
4 recorded transactions
Zoning & alternative use
C3 · Lake Placid, 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 Lake Placid submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Placid 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
$2,320
Tax year 2023
Assessed value
$150,396
Assessed 2023
Previous assessed
$132,493
+13.5% YoY
Effective rate
1.54%
On assessed value
Assessed land
$38,625
Assessed improvement
$111,771
Land market value
$38,625
Improvement market value
$111,771
Total market value
$150,396
Applied tax rate
50.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2006
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Rooms
6
Bathrooms
4
Total area
2,352 SF
Lot
0.22 ac (9,600 SF)
Zoning code
C3
APN
P-01-37-29-010-0060-0120
UPID
US18-2843998
Jurisdiction
HIGHLANDS
Zoning & alternative use
C3 · Lake Placid, FL
Zoning C3 · permitted uses
C3 · Lake Placid, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake Placid. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Rooms
6
Bathrooms
4
Lot
0.22 ac
Current owner
From public records · entity-resolved
Cheryl Brantley
Individual
Mailing address
6 S MAIN AVE, LAKE PLACID, FL 33852-1807
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Oct 6, 2023
$357,500
Cheryl Brantley
Brian Sullivan Contractor INC
Warranty Deed
—
Aug 21, 2019
$46,300
Brian Sullivan Contractor INC
Highland Carpentry Service INC
Quit Claim Deed
related
$96,000 · First Bank
Sep 13, 2004
$45,000
Highlands Carpentry Svc INC
Brantley,william K II
Warranty Deed
—
Jul 2, 2002
$15,000
William K Brantley
Hendrix,jimmy
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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