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Property profile & analytics
OFF-MARKET
Estimated value
$965,000
Medical Office Space
1951 Federal Hwy Jensen Beach, FL 34957
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-6283775
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2018
Total area
5,250 SF
Lot
1.64 ac (71,438 SF)
APN
29-37-41-010-000-00030-0
UPID
US18-6283775
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
by Request
CAP Approach
CAP
$1.11M
Comparable Approach
Comparable
$719k
Blend (final)
Blend
$965k
Owner & transaction history
1560 Boone LLC · 5 yrs held
1560 Boone LLC
since 2020
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.4M
+13.3%
Industrial (general)
$1.3M
+0.1%
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 Jensen Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jensen 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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,195,000
6.5%
$1,105,000
7%
$1,025,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,250,000
Current use
RETAIL STORES
$1,415,000
Change: +13% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,250,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$965k
Range $869k – $1.06M · ±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
$184 / 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
$45,024
Tax year 2023
Assessed value
$2,609,490
Assessed 2023
Previous assessed
$2,137,898
+22.1% YoY
Effective rate
1.73%
On assessed value
Assessed land
$1,285,880
Assessed improvement
$1,323,610
Land market value
$1,285,880
Improvement market value
$1,323,610
Total market value
$2,609,490
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2018
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
4
Total area
5,250 SF
Lot
1.64 ac (71,438 SF)
APN
29-37-41-010-000-00030-0
UPID
US18-6283775
Jurisdiction
MARTIN
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
MEDICAL BUILDING Current
Est. value
$1.3M
RETAIL STORES
Est. value
$1.4M
INDUSTRIAL (GENERAL)
Est. value
$1.3M
MEDICAL BUILDING Current
RETAIL STORES
INDUSTRIAL (GENERAL)
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
2018
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
4
Lot
1.64 ac
Current owner
From public records · entity-resolved
1560 Boone LLC
Entity
Mailing address
80 SEAVIEW BLVD, PORT WASHINGTON, NY 11050-4618
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 7, 2020
—
1560 Boone LLC
—
Deed
related
$290,000 · Centerstate Bk NA
Apr 4, 2017
—
1560 Boone LLC
—
Deed
related
$1,935,000 · Palm Bch Cmnty Bk
—
—
1560 Boone LLC
—
Loan Modification
related
$597,383 · Centerstate Bk/fl
—
—
1560 Boone LLC
—
Loan Modification
related
$1,935,000 · Palm Bch Cmnty Bk
—
—
1560 Boone LLC
—
Loan Modification
related
$1,935,000 · Palm Bch Cmnty Bk
—
—
1560 Boone LLC
—
Loan Modification
related
$290,000 · Centerstate Bk NA
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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