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Property profile & analytics
OFF-MARKET
Estimated value
$2,075,000
Showrooms
1516 Cypress Dr Ste 1 Jupiter, FL 33469-3195
Entity Owned
~
Est. High Equity
Property ID
US18-9503493
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1972
Construction
CONCRETE
Total area
6,800 SF
Lot
0.49 ac (21,445 SF)
Zoning code
C4
APN
30-43-40-31-11-000-0120
UPID
US18-9503493
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
$1.81M
Comparable Approach
Comparable
$1.90M
Blend (final)
Blend
$2.08M
Owner & transaction history
Whitamy LLC
Whitamy LLC
since 2025
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
C4 · Jupiter, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.4M
+29.0%
Retail stores
$2.7M
+4.1%
Neighborhood: shopping center
$2.7M
+3.1%
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 Jupiter submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jupiter 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%
$1,955,000
6.5%
$1,805,000
7%
$1,675,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,605,000
Current use
AUTO REPAIR, GARAGE
$3,360,000
Change: +29% · Conversion: Difficult
RETAIL STORES
$2,710,000
Change: +4% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,685,000
Change: +3% · Conversion: Difficult
MEDICAL BUILDING
$2,680,000
Change: +3% · Conversion: Easy
OFFICE BUILDING
$2,395,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$2.08M
Range $1.87M – $2.28M · ±10% · vs last sale $2.30M (Dec 5 2025)
Last sale anchor
$2.30M
Dec 5 2025
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
$305 / 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
$17,269
Tax year 2023
Assessed value
$975,582
Assessed 2023
Previous assessed
$856,291
+13.9% YoY
Effective rate
1.77%
On assessed value
Assessed land
$447,149
Assessed improvement
$528,433
Land market value
$447,149
Improvement market value
$528,433
Total market value
$975,582
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1972
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Stories
1
Total area
6,800 SF
Lot
0.49 ac (21,445 SF)
Zoning code
C4
APN
30-43-40-31-11-000-0120
UPID
US18-9503493
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
C4 · Jupiter, FL
Zoning C4 · permitted uses
C4 · Jupiter, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jupiter. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.6M
AUTO REPAIR, GARAGE
Est. value
$3.4M
RETAIL STORES
Est. value
$2.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.7M
MEDICAL BUILDING
Est. value
$2.7M
OFFICE BUILDING
Est. value
$2.4M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE BUILDING
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
1972
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.49 ac
Current owner
From public records · entity-resolved
Whitamy LLC
Entity
Mailing address
1516 CYPRESS DR, JUPITER, FL 33469-3195
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
Dec 5, 2025
$2,300,000
Whitamy LLC
Cypress Drive Property LLC
Warranty Deed
$1,171,800 · Valley National Bank NA
Sep 24, 2018
—
Cypress Drive Property LLC
—
Deed
related
$920,000 · Anchor Com'l Bk
May 8, 2008
$1,100,000
Cypress Drive Property LLC
Us Brick & Block Systems INC
Warranty Deed
$920,000 · Anchor Commercial Bank
Nov 13, 2006
$825,000
U S Brick & Block Systems INC
Audrey G Neandross
Warranty Deed
—
Nov 10, 2005
—
Leif H Neandross
Neandross,leif H & Audrey V
Quit Claim Deed
related
—
Jan 1, 1985
—
Bruce L Brandt
—
Grant Deed
related
—
—
—
Leif H Neandross
—
Deed Of Trust
related
$162,509 · First Union National Bank
—
—
Cypress Drive Property LLC
—
Loan Modification
related
$920,000 · Anchor Com'l Bk
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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