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Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Investment properties
1880 Congress Ave Ste 309 Boynton Beach, FL 33426-8675
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-4865387
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2008
Construction
CONCRETE BLOCKS
Total area
1,581 SF
Lot
1 ac (43,560 SF)
APN
08-43-45-17-20-001-3090
UPID
US18-4865387
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
$660k
CAP Approach
CAP
$420k
Comparable Approach
Comparable
$587k
Blend (final)
Blend
$660k
Owner & transaction history
Burakovskiy LLC · 2 yrs held
Burakovskiy LLC
since 2024
Last sale
$660,000
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$780,000
+65.1%
Retail stores
$640,000
+35.4%
Neighborhood: shopping center
$625,000
+32.0%
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
$660,000
ML approach
$660,000
CAP Approach
CAP Return
Estimation
6%
$455,000
6.5%
$420,000
7%
$390,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$475,000
Current use
AUTO REPAIR, GARAGE
$780,000
Change: +65% · Conversion: Difficult
RETAIL STORES
$640,000
Change: +35% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$625,000
Change: +32% · Conversion: Difficult
MEDICAL BUILDING
$625,000
Change: +32% · Conversion: Easy
OFFICE BUILDING
$530,000
Change: +12% · Conversion: Easy
WAREHOUSE, STORAGE
$405,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$660k
Range $594k – $726k · ±10% · vs last sale $660k (Jun 6 2024)
Last sale anchor
$660k
Jun 6 2024
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
$417 / 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
$9,226
Tax year 2023
Assessed value
$433,195
Assessed 2023
Previous assessed
$333,434
+29.9% YoY
Effective rate
2.13%
On assessed value
Assessed improvement
$433,195
Improvement market value
$433,195
Total market value
$433,195
Applied tax rate
8,983.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2008
Construction
CONCRETE BLOCKS
Heating
NONE
Total area
1,581 SF
Lot
1 ac (43,560 SF)
APN
08-43-45-17-20-001-3090
UPID
US18-4865387
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$475,000
AUTO REPAIR, GARAGE
Est. value
$780,000
RETAIL STORES
Est. value
$640,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$625,000
MEDICAL BUILDING
Est. value
$625,000
OFFICE BUILDING
Est. value
$530,000
WAREHOUSE, STORAGE
Est. value
$405,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE BUILDING
WAREHOUSE, STORAGE
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
2008
Construction
CONCRETE BLOCKS
Heating
NONE
Lot
1 ac
Current owner
From public records · entity-resolved
Burakovskiy LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1880 N CONGRESS AVE NE STE #309, BOYNTON BEACH, FL 33426-8675
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Jun 6, 2024
$660,000
Burakovskiy LLC
Jay R Pechter
Warranty Deed
—
Jan 14, 2019
$100
Jay R Pechter
Gateway 309 LLC
Quit Claim Deed
related
—
Apr 16, 2008
$492,599
Gateway 309 LLC
Boynton Dev Associates II LLC
Grant Deed
—
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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