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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Assisted living facilities
1613 3rd St Boynton Beach, FL 33435-6601
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US18-4399819
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1986
Construction
CONCRETE
Total area
10,652 SF
Lot
1.35 ac (58,697 SF)
Zoning code
R3
APN
08-43-45-33-14-000-0091
UPID
US18-4399819
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
-
Parkside Inn Nursing Home Retirement Community
-
Minor League Monopole Telecommunications Service Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$475k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$645k
Blend (final)
Blend
$560k
Owner & transaction history
Serena Properties LLC · 13 yrs held
Serena Properties LLC
since 2013
3 recorded transactions
Zoning & alternative use
R3 · Boynton Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
e any or all of the following zoning districts: R-1-AAB single-family residential; R-1-AA single-family residential; R-1-A single-family residential; R-1 single-family residential; R-2 single and two-family residential; R-3 multi-family residential; IPUD infill planned unit development; PUD planned unit development; or MHPD mobile home planned development. R…
Zone name
Multi Family Residential
General category
RESIDENTIAL
Zone area
680.10 ac
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 Boynton Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boynton Beach 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
$475,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$560k
Range $504k – $616k · ±10%
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
$53 / 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
$37,186
Tax year 2023
Assessed value
$1,680,603
Assessed 2023
Previous assessed
$1,613,045
+4.2% YoY
Effective rate
2.21%
On assessed value
Assessed land
$642,200
Assessed improvement
$1,038,403
Land market value
$642,200
Improvement market value
$1,038,403
Total market value
$1,680,603
Applied tax rate
8,987.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1986
Construction
CONCRETE
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
38
Total area
10,652 SF
Lot
1.35 ac (58,697 SF)
Zoning code
R3
APN
08-43-45-33-14-000-0091
UPID
US18-4399819
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
R3 · Boynton Beach, FLZoning R3 · permitted uses
R3 · Boynton Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
e any or all of the following zoning districts: R-1-AAB single-family residential; R-1-AA single-family residential; R-1-A single-family residential; R-1 single-family residential; R-2 single and two-family residential; R-3 multi-family residential; IPUD infill planned unit development; PUD planned unit development; or MHPD mobile home planned development. RESOURCE - See "Historic Preservation." RESTAURANT - An establishment engaged in pre
Zone name
Multi Family Residential
General category
RESIDENTIAL
Zone area
680.10 ac
Building & site characteristics
From public records
Year built
1986
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
38
Lot
1.35 ac
Current owner
From public records · entity-resolved
Serena Properties LLC
Entity
Mailing address
1613 SW 3RD ST, BOYNTON BEACH, FL 33435-6601
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 14, 2023
—
Serena Properties LLC
—
Deed
related
$1,550,000 · Us Century Bank
Oct 17, 2019
—
Serena Properties LLC
—
Deed
related
$2,589,375 · Us Century Bank
Apr 13, 2013
$1,662,500
Serena Properties LLC
Senior Living Properties-boynt
Grant Deed
$1,700,000 · Evolve 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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