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Property profile & analytics
OFF-MARKET
Estimated value
$4,720,000
High-rise multifamily apartments
135 20th St Boca Raton, FL 33431-7901
Individually Owned
5-yr Hold
Free & Clear
Property ID
US18-6383086
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
2015
Construction
STEEL FRAME
Total area
228,097 SF
Lot
10.63 ac (463,121 SF)
Zoning code
M-2
APN
06-43-47-17-39-001-0000
UPID
US18-6383086
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
-
Codexty (Bike/Boat/Book/etc) Store Corporate Office
-
University Park Furnished Apartment Building Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.57M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.72M
Owner & transaction history
University Park At Fau 10017 · 5 yrs held
University Park At Fau 10017
since 2021
Last sale
$3.9M
4 recorded transactions
Zoning & alternative use
M-2 · Boca Raton, FL
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 Boca Raton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boca Raton 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
$5,520,000
ML approach
$5,565,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.72M
Range $4.25M – $5.19M · ±10% · vs last sale $3.90M (Jan 7 2021)
Last sale anchor
$3.90M
Jan 7 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
$21 / 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
$1,274,423
Tax year 2023
Assessed value
$72,000,000
Assessed 2023
Previous assessed
$65,000,000
+10.8% YoY
Effective rate
1.77%
On assessed value
Assessed improvement
$72,000,000
Improvement market value
$72,000,000
Total market value
$72,000,000
Applied tax rate
6,154.0000
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
2015
Construction
STEEL FRAME
Heating
NONE
Cooling
AC.CHILLED WATER
Stories
4
Units
159
Total area
228,097 SF
Lot
10.63 ac (463,121 SF)
Zoning code
M-2
APN
06-43-47-17-39-001-0000
UPID
US18-6383086
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
M-2 · Boca Raton, FLZoning M-2 · permitted uses
M-2 · Boca Raton, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Year built
2015
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
4
Units
159
Lot
10.63 ac
Current owner
From public records · entity-resolved
University Park At Fau 10017
Individual
Free & Clear · 5 yrs held
Mailing address
130 E RANDOLPH ST STE #210, CHICAGO, IL 60601-6202
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
Jan 7, 2021
$800,000
University Park At Fau 10017
University Park Ll
Grant Deed
related
—
Dec 18, 2019
—
University Park Ll LLC
—
Loan Modification
related
$73,100,000 · Sm Fin II LLC
Jan 14, 2016
$70,000,000
University Park Ll LLC
University Park Of Boca LLC
Grant Deed
$58,000,000 · Miscellaneous Ins Co
May 2, 2012
$3,900,000
University Park Of Boca LLC
Boral Roofing LLC
Warranty Deed
$3,500,000 · Gaddis Cap
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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