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Property profile & analytics
OFF-MARKET
Estimated value
$1,240,000
Strip malls
1600 Dixie Hwy Lake Worth, FL 33460-5890
Individually Owned
1-yr Hold
Free & Clear
Property ID
US18-1472115
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1976
Construction
CONCRETE
Total area
7,750 SF
Lot
0.67 ac (29,394 SF)
Zoning code
MU-DIXIE
APN
38-43-44-34-01-000-0010
UPID
US18-1472115
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
-
LibertyX Bitcoin ATM Atm
-
Western Union Bank Credit Union
-
YSA SKINTUITION STUDIO Medical Clinic Skin Care Clinic
-
Alcoholicos Anonimos Grupo Tranquilidad Y Luz Wellness Program
-
One Love Universal Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.14M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$746k
Blend (final)
Blend
$1.24M
Owner & transaction history
Gabriela Muzzillo · 1 yrs held
Gabriela Muzzillo
since 2025
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
MU-DIXIE · 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
$1,130,000
ML approach
$1,135,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.24M
Range $1.12M – $1.36M · ±10% · vs last sale $1.35M (Feb 6 2025)
Last sale anchor
$1.35M
Feb 6 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
$160 / 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
$23,477
Tax year 2023
Assessed value
$1,164,486
Assessed 2023
Previous assessed
$1,111,836
+4.7% YoY
Effective rate
2.02%
On assessed value
Assessed land
$203,413
Assessed improvement
$961,073
Land market value
$203,413
Improvement market value
$961,073
Total market value
$1,164,486
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1976
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
7,750 SF
Lot
0.67 ac (29,394 SF)
Zoning code
MU-DIXIE
APN
38-43-44-34-01-000-0010
UPID
US18-1472115
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
MU-DIXIE · Lake Worth, FL
Zoning MU-DIXIE · permitted uses
MU-DIXIE · 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.
Building & site characteristics
From public records
Year built
1976
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.67 ac
Current owner
From public records · entity-resolved
Gabriela Muzzillo
Individual
Free & Clear · 1 yrs held
Mailing address
1920 PALM BCH LKS BLVD STE #207, WEST PALM BEACH, FL 33409-3506
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 6, 2025
$15,000
Gabriela Muzzillo
City Of Lake Worth Beach
Quitclaim Deed
related
—
Aug 30, 2023
—
Lake Worth Commercial Properties Ll
—
Deed
related
$750,000 · 4 G Loan Corp
Jun 28, 2023
—
Lake Worth Commercial Properties Ll
1600 Dixie Plaza LLC
Quit Claim Deed
related
—
Jun 28, 2023
$1,350,000
Lake Worth Commercial Properties Ll
1600 Dixie Plaza LLC
Warranty Deed
—
Jan 31, 2022
—
Lake Worth Commercial Properties Ll
Daniel W Hiatt
Quit Claim Deed
related
—
Oct 1, 2018
$100
1600 S Dixie Lw LLC
Macaw Holding I LLC
Quit Claim Deed
related
—
May 27, 2014
$980,000
1600 Dixie Plaza LLC
Panchos Properties LLC
Warranty Deed
—
May 6, 2010
$1,000,000
Panchos Properties LLC
Jean T Chamoun
Warranty Deed
$700,000 · Palm Beach Communit Bank
Jun 15, 2004
$825,000
Jean T Chamoun
Heinrich,kandel Tr
Grant Deed
$725,000 · Heinrich Kandel Trustee
Jun 11, 2001
$47,000
Lake Mead Properties Mgmt
Wolfsjaeger,gerhard
Grant Deed
$45,000 · Gerhard
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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