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Property profile & analytics
FOR LEASE
Community centers
201 S Ocean Blvd Lantana, FL 33462
Entity Owned
19-yr Hold
Free & Clear
Property ID
US18-0279137
For Lease
1 / 2
Contact for pricing
201 S Ocean Blvd, Lantana, FL 33462
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Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1983
Construction
CONCRETE
Total area
32,101 SF
Lot
10.28 ac (447,975 SF)
Zoning code
R-C2
APN
42-43-45-02-00-001-0020
UPID
US18-0279137
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mskp Plaza Del Mar LLC · 19 yrs held
Mskp Plaza Del Mar LLC
since 2006
Last sale
$37.0M
6 recorded transactions
Zoning & alternative use
R-C2 · Lantana, 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 Lantana submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lantana 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$360,757
Tax year 2023
Assessed value
$20,408,975
Assessed 2023
Previous assessed
$20,077,550
+1.7% YoY
Effective rate
1.77%
On assessed value
Assessed land
$8,063,568
Assessed improvement
$12,345,407
Land market value
$8,063,568
Improvement market value
$12,345,407
Total market value
$20,408,975
Applied tax rate
42,984.0000
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
Community centers
Use group
MINI-MALL
Status
For Lease
Year built
1983
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
32,101 SF
Lot
10.28 ac (447,975 SF)
Zoning code
R-C2
APN
42-43-45-02-00-001-0020
UPID
US18-0279137
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
R-C2 · Lantana, FL
Zoning R-C2 · permitted uses
R-C2 · Lantana, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lantana. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1983
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Lot
10.28 ac
Current owner
From public records · entity-resolved
Mskp Plaza Del Mar LLC
Entity
Free & Clear · 19 yrs held
Mailing address
4500 PGA BLVD STE #400, PALM BEACH GARDENS, FL 33418-3995
Ownership since
2006
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
Mar 14, 2012
—
Mskp Plaza Del Mar LLC
—
Deed Of Trust
related
$59,400,000 · Us Bank NA Series 2007-6 (ce)
Nov 21, 2006
$37,670,000
Mskp Plaza Del Mar LLC
Woolbright Golf Ltd
Grant Deed
—
Feb 4, 2003
$15,500,000
Woolbright Golf Ltd
Plaza Del Mar LP
Grant Deed
$15,400,000 · Wells Fargo Bank
—
—
Mskp Plaza Del Mar LLC
—
Deed Of Trust
related
$14,000,000 · Suntrust Bk
—
—
Mskp Plaza Del Mar LLC
—
Loan Modification
related
$59,400,000 · * Other Institutional Lenders
—
—
Woolbright Golf Ltd
—
Deed Of Trust
related
$800,000 · Regions Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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