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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Medical Office Space
205 John F Kennedy Dr Atlantis, FL 33462-1151
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US19-0279615
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1972
Construction
WOOD
Total area
2,480 SF
Lot
0.25 ac (10,890 SF)
Zoning code
HD
APN
02-43-44-31-09-000-0030
UPID
US19-0279615
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
$950k
CAP Approach
CAP
$505k
Comparable Approach
Comparable
$962k
Blend (final)
Blend
$710k
Owner & transaction history
205 John F Kennedy Drive LLC · 6 yrs held
205 John F Kennedy Drive LLC
since 2020
Last sale
$650,000
4 recorded transactions
Zoning & alternative use
HD · Atlantis, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Hospital District
General category
CIVIC_INSTITUTIONAL
Zone area
0.86 ac
Source
Realmo
Top alternative use upside
Office building
$1.1M
+11.8%
Auto repair, garage
$1.0M
+4.5%
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 Atlantis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atlantis 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
$925,000
ML approach
$950,000
CAP Approach
CAP Return
Estimation
6%
$545,000
6.5%
$505,000
7%
$465,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$975,000
Current use
OFFICE BUILDING
$1,095,000
Change: +12% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,020,000
Change: +4% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$900,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$710k
Range $639k – $781k · ±10% · vs last sale $650k (Feb 19 2020)
Last sale anchor
$650k
Feb 19 2020
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
$286 / 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
$13,174
Tax year 2023
Assessed value
$668,766
Assessed 2023
Previous assessed
$646,591
+3.4% YoY
Effective rate
1.97%
On assessed value
Assessed land
$343,035
Assessed improvement
$325,731
Land market value
$343,035
Improvement market value
$325,731
Total market value
$668,766
Applied tax rate
2,983.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1972
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
2,480 SF
Lot
0.25 ac (10,890 SF)
Zoning code
HD
APN
02-43-44-31-09-000-0030
UPID
US19-0279615
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
HD · Atlantis, FLZoning HD · permitted uses
HD · Atlantis, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Hospital District
General category
CIVIC_INSTITUTIONAL
Zone area
0.86 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$975,000
OFFICE BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$900,000
MEDICAL BUILDING Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1972
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.25 ac
Current owner
From public records · entity-resolved
205 John F Kennedy Drive LLC
Entity
Mailing address
312 N COUNTRY CLB DR, LAKE WORTH, FL 33462-1002
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 19, 2020
—
205 John F Kennedy Drive LLC
Accamma G Abraham
Quit Claim Deed
related
—
Jan 31, 2008
$650,000
Accamma G Abraham
Shlamowitz,morris & Joan
Warranty Deed
$590,000 · Regions Bank
Sep 8, 2000
$275,000
Morris Shlamowitz
Columbia Jfk Medical Center LP
Grant Deed
$221,799 · Bank Of America
—
—
Morris Shlamowitz
—
Deed Of Trust
related
$201,271 · Bank Of America
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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