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Property profile & analytics
OFF-MARKET
Estimated value
$1,645,000
Office buildings
1340 Us Hwy 1st 102 Tequesta, FL 33469-3237
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-2137657
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1980
Construction
CONCRETE
Total area
3,853 SF
Lot
1.18 ac (51,218 SF)
Zoning code
C3
APN
30-43-40-31-41-000-0020
UPID
US18-2137657
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
by Request
CAP Approach
CAP
$1.68M
Comparable Approach
Comparable
$1.94M
Blend (final)
Blend
$1.65M
Owner & transaction history
Executive Suites At Jupiter Cove Ll · 5 yrs held
Executive Suites At Jupiter Cove Ll
since 2021
7 recorded transactions
Zoning & alternative use
C3 · Tequesta, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.9M
+40.4%
Retail stores
$1.5M
+13.3%
Neighborhood: shopping center
$1.5M
+12.3%
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 Tequesta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tequesta 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,815,000
6.5%
$1,675,000
7%
$1,555,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,355,000
Current use
AUTO REPAIR, GARAGE
$1,905,000
Change: +40% · Conversion: Difficult
RETAIL STORES
$1,535,000
Change: +13% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,520,000
Change: +12% · Conversion: Difficult
MEDICAL BUILDING
$1,520,000
Change: +12% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,475,000
Change: +9% · Conversion: Easy
WAREHOUSE, STORAGE
$1,275,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$1.65M
Range $1.48M – $1.81M · ±10%
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
$427 / 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
$28,181
Tax year 2023
Assessed value
$1,531,186
Assessed 2023
Previous assessed
$1,451,255
+5.5% YoY
Effective rate
1.84%
On assessed value
Assessed land
$1,154,226
Assessed improvement
$376,960
Land market value
$1,154,226
Improvement market value
$376,960
Total market value
$1,531,186
Applied tax rate
30,571.0000
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
Off-Market
Year built
1980
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
3,853 SF
Lot
1.18 ac (51,218 SF)
Zoning code
C3
APN
30-43-40-31-41-000-0020
UPID
US18-2137657
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
C3 · Tequesta, FL
Zoning C3 · permitted uses
C3 · Tequesta, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tequesta. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.9M
RETAIL STORES
Est. value
$1.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.5M
WAREHOUSE, STORAGE
Est. value
$1.3M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1980
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
1.18 ac
Current owner
From public records · entity-resolved
Executive Suites At Jupiter Cove Ll
Individual
Mailing address
1340 N US HWY 1ST 1, TEQUESTA, FL 33469-3237
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 2, 2021
—
Executive Suites At Jupiter Cove Ll
Market Partners LLC
Warranty Deed
—
Jan 29, 2021
—
Market Partners LLC
Cove Jupiter
Quit Claim Deed
related
—
May 17, 2019
—
Jupiter Cove Executive Suites LLC
—
Deed
related
$500,000 · Wells Fargo Bank NA
Mar 7, 2008
—
Cove Jupiter Executive
Wb-jupiter Fl LLC
Quit Claim Deed
—
Apr 27, 2007
—
Wb Jupiter Fl LLC
Owner,record
Warranty Deed
related
—
Jan 18, 2006
—
Sequoia Holdings LLC
Shd Associates LLP
Quit Claim Deed
related
—
Jan 18, 2006
$1,620,007
Sequoia Holdings LLC
Shd Associates LLP
Warranty Deed
—
Dec 20, 2005
$1,531,190
Shd Associates LLP
J4s Associates LLC
Warranty 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.
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