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Property profile & analytics
OFF-MARKET
Estimated value
$5,030,000
Strip malls
2121 10th N Ave Lake Worth Beach, FL 33461-3345
Entity Owned
6-yr Hold
Free & Clear
Property ID
US18-3891594
Property summary
AI-generated overview
This 800-square-foot retail space is located at 2121 10th Avenue N in Lake Worth Beach, Florida, zip code 33461. The property is a single-tenant space within a busy plaza, conveniently situated just off I-95, offering excellent visibility and accessibility. The property type is retail, with a zoning designation of MU-W(c). The lot size is not specified. The building consists of only one suite. The current tenant will be vacating at the end of September, presenting a timely opportunity for a new business to establish itself in this prime location. Detailed information regarding permitted uses is available in supplementary documents and a brochure. The property's APN is 38434420010320010. This high-traffic location offers significant potential for a variety of retail businesses. Interested parties should review the provided documentation for a complete understanding of zoning regulations and permitted uses. The property's latitude and longitude coordinates are 26.6272042 and -80.0740925, respectively.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1982
Construction
CONCRETE
Total area
31,092 SF
Lot
2.64 ac (114,977 SF)
Zoning code
MU-W
APN
38-43-44-20-01-032-0010
UPID
US18-3891594
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
Current use
Occupant on record · Public records
-
Supreme Therapeutic Med Center Medical Clinic
-
Elim Church of God Church
-
Heather Previll, PT, DPT Physician
-
Easy Reach Chiropractic Alternative Medicine Practice
-
Barbara Adonis, DC Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.03M
Owner & transaction history
Finski LLC · 6 yrs held
Finski LLC
since 2019
4 recorded transactions
Zoning & alternative use
MU-W · Lake Worth Beach, 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 Lake Worth Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Worth 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$162 / 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
$106,523
Tax year 2023
Assessed value
$4,203,699
Assessed 2023
Previous assessed
$4,011,749
+4.8% YoY
Effective rate
2.53%
On assessed value
Assessed land
$1,915,517
Assessed improvement
$2,288,182
Land market value
$1,915,517
Improvement market value
$2,288,182
Total market value
$4,203,699
Applied tax rate
38,453.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1982
Construction
CONCRETE
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Total area
31,092 SF
Lot
2.64 ac (114,977 SF)
Zoning code
MU-W
APN
38-43-44-20-01-032-0010
UPID
US18-3891594
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
MU-W · Lake Worth Beach, FL
Zoning MU-W · permitted uses
MU-W · Lake Worth Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake Worth Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1982
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
2.64 ac
Current owner
From public records · entity-resolved
Finski LLC
Entity
Free & Clear · 6 yrs held
Mailing address
106 CARLSON CV, EDGEWATER, FL 32132-3601
Ownership since
2019
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
Dec 22, 2022
—
Finski LLC
—
Deed
related
$3,300,000 · Popular Bank
Dec 23, 2019
$5,000,000
Finski LLC
Global Management Trust LLC
Grant Deed
—
Jul 18, 2002
$1,350,000
Global Management Trust LLC
A E P Lakeworth INC
Grant Deed
—
Oct 26, 1998
$1,525,000
Woodcrest 98-7 Jv
Ohio National Life Insurance
Grant Deed
$1,296,250 · Seller
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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