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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Turn key restaurants
187 Tequesta Dr Tequesta, FL 33469-2703
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US18-8754688
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1996
Construction
WOOD
Total area
6,224 SF
Lot
0.77 ac (33,541 SF)
Zoning code
M-U
APN
60-43-40-30-42-002-0000
UPID
US18-8754688
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
$540k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$862k
Blend (final)
Blend
$700k
Owner & transaction history
Domus Divino INC · 11 yrs held
Domus Divino INC
since 2015
7 recorded transactions
Zoning & alternative use
M-U · Tequesta, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose and intent of the MU mixed use district is to establish a village center which creates a vital, diverse core for the principles which utilize mixed-use development concepts and which permit a combination of usually separated uses within a unified development district area. Natural features should be enhanced and environmental conditions carefully…
Zone name
Mixed Use
General category
MIXED_USE
Zone area
120.07 ac
Source
Realmo
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 Tequesta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tequesta 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
$540,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$700k
Range $630k – $770k · ±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
$112 / 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
$33,579
Tax year 2023
Assessed value
$1,515,975
Assessed 2023
Previous assessed
$1,414,913
+7.1% YoY
Effective rate
2.22%
On assessed value
Assessed land
$623,746
Assessed improvement
$892,229
Land market value
$623,746
Improvement market value
$892,229
Total market value
$1,515,975
Applied tax rate
60,461.0000
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
1996
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
6,224 SF
Lot
0.77 ac (33,541 SF)
Zoning code
M-U
APN
60-43-40-30-42-002-0000
UPID
US18-8754688
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
M-U · Tequesta, FLZoning M-U · permitted uses
M-U · Tequesta, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose and intent of the MU mixed use district is to establish a village center which creates a vital, diverse core for the principles which utilize mixed-use development concepts and which permit a combination of usually separated uses within a unified development district area. Natural features should be enhanced and environmental conditions carefully assessed.
Zone name
Mixed Use
General category
MIXED_USE
Zone area
120.07 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1996
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.77 ac
Current owner
From public records · entity-resolved
Domus Divino INC
Entity
Mailing address
12 HAMPTON CT, PALM BEACH GARDENS, FL 33418-7104
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2021
—
Domus Divino INC
—
Deed
related
$352,424 · Anchor Bk
Jan 2, 2015
$830,000
Domus Divino INC
Bogland Taverns INC
Warranty Deed
$400,000 · Anchor Com'l Bk
Jun 1, 2010
—
Bogland Taverns INC
—
Deed Of Trust
related
$1,193,660 · Anchor Commercial Bank
Jun 22, 2007
$1,800,000
Bogland Taverns INC
Donegal Pubs USA LLC
Warranty Deed
$1,200,000 · Anchor Commercial Bank
Nov 2, 2005
$1,600,000
Donegal Pubs USA LLC
Bjm Associates
Grant Deed
$950,000 · Independent Community Bank
—
—
Bjm Associates
—
Deed Of Trust
related
$450,000 · Slades Ferry Trust Co
—
—
Bogland Taverns INC
—
Deed Of Trust
related
$225,000 · Paul Mcglinchey
—
—
Donegal Pubs USA LLC
—
Deed Of Trust
related
$400,000 · Bjm Associates
—
—
Domus Divino INC
—
Loan Modification
related
$352,424 · Anchor 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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