Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$970,000
Turn key restaurants
142 Lk Dra Palm Beach Shores, FL 33404-5722
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-4161965
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1981
Construction
WOOD
Total area
4,930 SF
Lot
0.11 ac (4,931 SF)
Zoning code
C
APN
54-43-42-27-41-001-0010
UPID
US18-4161965
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
$915k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$599k
Blend (final)
Blend
$970k
Owner & transaction history
Buccaneer Unit A LLC · 4 yrs held
Buccaneer Unit A LLC
since 2022
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
C · Palm Beach Shores, 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 Palm Beach Shores submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Beach Shores 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
$960,000
ML approach
$915,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$970k
Range $873k – $1.07M · ±10% · vs last sale $1.00M (Jun 29 2022)
Last sale anchor
$1.00M
Jun 29 2022
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
$197 / 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
$13,185
Tax year 2023
Assessed value
$614,230
Assessed 2023
Previous assessed
$586,455
+4.7% YoY
Effective rate
2.15%
On assessed value
Assessed land
$147,900
Assessed improvement
$466,330
Land market value
$147,900
Improvement market value
$466,330
Total market value
$614,230
Applied tax rate
54,401.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1981
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
1
Total area
4,930 SF
Lot
0.11 ac (4,931 SF)
Zoning code
C
APN
54-43-42-27-41-001-0010
UPID
US18-4161965
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
C · Palm Beach Shores, FLZoning C · permitted uses
C · Palm Beach Shores, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
general zoning map
Building & site characteristics
From public records
Year built
1981
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Buccaneer Unit A LLC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 788, JENSEN BEACH, FL 34958-0788
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 29, 2022
—
Buccaneer Unit A LLC
Benjamin K Sharfi
Quit Claim Deed
related
—
Jan 18, 2017
$1,000,000
Sharfi,benjamin 2002 Trust
Great American Life Ins Co
Warranty Deed
—
Jul 6, 2004
$500,000
Great American Life Ins Co
Buccaneer Restaurant LLC
Warranty Deed
—
Apr 10, 2003
$600,000
Buccaneer Restaurant LLC
Buccanee Restaurant & Lounge
Grant Deed
related
—
—
—
Buccaneer Restaurant & Lounge
—
Deed Of Trust
related
$50,000 · Fidelity Fsb Florida
—
—
Buccaneer Restaurant & Lounge
—
Deed Of Trust
related
$250,000 · Fidelity Federal Bank & Trust
—
—
Buccaneer Restaurant & Lounge
—
Deed Of Trust
related
$160,000 · Fidelity Fsb Florida
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 142 Lk Dra?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
