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Property profile & analytics
OFF-MARKET
Estimated value
$2,005,000
Hotels
1528 Federal Hwy, Lake Worth, FL 33460-5764
Entity Owned
3-yr Hold
Free & Clear
Property ID
US18-7807195
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1990
Construction
CONCRETE
Total area
6,187 SF
Lot
0.39 ac (16,875 SF)
Zoning code
MU-FH
APN
38-43-44-27-01-085-0031
UPID
US18-7807195
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
-
Caribbean Villas Motel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.98M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.98M
Blend (final)
Blend
$2.01M
Owner & transaction history
1528 5 Federal Hwy Investment LLC · 3 yrs held
1528 5 Federal Hwy Investment LLC
since 2023
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
MU-FH · Lake Worth, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Lake Worth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Worth 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
$1,810,000
ML approach
$1,980,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$2,590,000
Current use
AUTO REPAIR, GARAGE
$2,545,000
Change: -2% · Conversion: Difficult
MEDICAL BUILDING
$2,440,000
Change: -6% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,250,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$2.01M
Range $1.80M – $2.21M · ±10% · vs last sale $2.03M (Jan 12 2023)
Last sale anchor
$2.03M
Jan 12 2023
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
$324 / 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
$19,580
Tax year 2023
Assessed value
$1,503,363
Assessed 2023
Previous assessed
$513,570
+192.7% YoY
Effective rate
1.30%
On assessed value
Assessed land
$960,000
Assessed improvement
$543,363
Land market value
$960,000
Improvement market value
$543,363
Total market value
$1,503,363
Applied tax rate
38,457.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1990
Construction
CONCRETE
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
2
Units
16
Rooms
15
Total area
6,187 SF
Lot
0.39 ac (16,875 SF)
Zoning code
MU-FH
APN
38-43-44-27-01-085-0031
UPID
US18-7807195
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
MU-FH · Lake Worth, FL
Zoning MU-FH · permitted uses
MU-FH · Lake Worth, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake Worth. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$2.6M
AUTO REPAIR, GARAGE
Est. value
$2.5M
MEDICAL BUILDING
Est. value
$2.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.3M
HOTEL/MOTEL Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1990
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
16
Rooms
15
Lot
0.39 ac
Current owner
From public records · entity-resolved
1528 5 Federal Hwy Investment LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1528 S FEDERAL HWY, LAKE WORTH BEACH, FL 33460-5764
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2023
$2,030,000
1528 5 Federal Hwy Investment LLC
Florida Land Trust Services LLC
Deed
—
Mar 16, 2020
—
1528 S Federal Land Trust
Caribbean Villa LLC
Grant Deed
—
Sep 10, 2014
—
Caribbean Villa LLC
Everglades Community Trust INC
Quit Claim Deed
related
—
Aug 26, 2013
—
Everglades Community Trust INC
Northwood Trust INC
Quit Claim Deed
related
—
Sep 9, 2011
—
Northwood Trust INC
First American Trust Corp
Quit Claim Deed
related
—
May 10, 2010
$160,000
First American Trust Corp
Buchan,john C & Karen H Coc
Trustees Deed
related
—
Jul 14, 2005
$1,088,000
John C Buchan
Shelley Scott Campbell
Warranty Deed
$1,273,000 · Palm Beach County Bank
Nov 18, 2003
$550,000
Shelley S Campbell
Relentless Insurance Group INC
Grant Deed
$75,000 · Relentless Insurance Group INC
Aug 13, 2001
$425,000
Relentless Insurance Group INC
Kaanto,taisto & Aune
Grant Deed
—
—
—
Relentless Insurance Group INC
—
Deed Of Trust
related
$700,000 · Fidelity Federal Bank & Trust
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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