1400 Chapman Way Palm City, FL 34990-2402
Property profile & analytics
1400 Chapman Way, Palm City, FL 34990-2402
- Office Spaces
- 68,473 SF
- 6.81 lot acres
Property ID
US18-2583713
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- VIP Boats and Yachts / (Bike/Boat/Book/etc) Store
- Red 2 Green Marine Service / (Bike/Boat/Book/etc) Store
- Meridian Marina / Storage Facility
- Carevale Solutions / Construction Company / General Contractor
- Espinosa Inc / Architect / Engineer
Property Details for 1400 Chapman Way
- Year built
- 1988
- Construction
- FRAME
- Lot size
- 6.81 lot acres
- Zone code
- 9/5/96
- Property type
- Office Spaces
- APN
- 07-38-41-015-000-00010-0
- APU
- 73841015000000100
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 28, 2012 | $30,000 | Meridian Marina & Yacht Club Of P | Nickerson Thomas E JR | Grant Deed | — |
| Apr 30, 2010 | $94,000 | Thomas Nickerson | Nickerson,thomas & Claire | Quit Claim Deed · related | — |
| — | — | Meridian Marina & Yacht Club & P | — | Loan Modification · related | $2.6M · Martin Cnty Marine Holdings Ll |
| — | — | Martin County Marine Corp | — | Deed Of Trust · related | $647k · Page Mrachek Fitzgerald & Ro |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $15,405,000
- 6.5%
- $14,220,000
- 7%
- $13,205,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $11,983,000
- AI Estimate
- $8,591,000
Market price range: $10.5M - $24.5MMarket price range: $3.20M - $18.4M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $15,580,000 Current use
- RETAIL STORES
- $18,475,000 Change: +19% Conversion: Easy
- MEDICAL BUILDING
- $16,310,000 Change: +5% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $12,955,000 Change: -17% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Palm City
- County
- Martin
- State
- Florida
- Longitude
- -80.2702
- Latitude
- 27.1832
- CBSA code
- 38940
- CBSA name
- PORT ST. LUCIE-FORT PIERCE, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$106,132
$4,539,130
$1,999,050
$6,538,180
-
$4,539,130
$1,999,050
$6,538,180
