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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Investment properties
2141 Alternate 1st Ste 400, Jupiter, FL 33477-4063
Entity Owned
6-yr Hold
Free & Clear
Property ID
US18-4203918
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1990
Construction
CONCRETE BLOCKS
Total area
2,249 SF
Lot
1 ac (43,560 SF)
APN
30-43-41-07-41-002-0400
UPID
US18-4203918
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
$480k
CAP Approach
CAP
$595k
Comparable Approach
Comparable
$579k
Blend (final)
Blend
$550k
Owner & transaction history
Garine LLC · 6 yrs held
Garine LLC
since 2019
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$895,000
+4.1%
Neighborhood: shopping center
$890,000
+3.1%
Medical building
$885,000
+2.9%
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 Jupiter submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jupiter 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
$480,000
CAP Approach
CAP Return
Estimation
6%
$645,000
6.5%
$595,000
7%
$555,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$860,000
Current use
RETAIL STORES
$895,000
Change: +4% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$890,000
Change: +3% · Conversion: Difficult
MEDICAL BUILDING
$885,000
Change: +3% · Conversion: Easy
WAREHOUSE, STORAGE
$745,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$550k
Range $495k – $605k · ±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
$245 / 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
$11,237
Tax year 2023
Assessed value
$620,000
Assessed 2023
Previous assessed
$620,000
+0.0% YoY
Effective rate
1.81%
On assessed value
Assessed improvement
$620,000
Improvement market value
$620,000
Total market value
$620,000
Applied tax rate
30,571.0000
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
1990
Construction
CONCRETE BLOCKS
Heating
NONE
Total area
2,249 SF
Lot
1 ac (43,560 SF)
APN
30-43-41-07-41-002-0400
UPID
US18-4203918
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
$860,000
RETAIL STORES
Est. value
$895,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$890,000
MEDICAL BUILDING
Est. value
$885,000
WAREHOUSE, STORAGE
Est. value
$745,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL 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
1990
Construction
CONCRETE BLOCKS
Heating
NONE
Lot
1 ac
Current owner
From public records · entity-resolved
Garine LLC
Entity
Free & Clear · 6 yrs held
Mailing address
2141 S ALTERNATE 1ST STE #400, JUPITER, FL 33477-4063
Mailing matches property
Yes
Owner-occupied
Yes
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
May 14, 2020
—
Garine LLC
—
Deed
related
$1,575,000 · Live Oak Bkg
Jul 30, 2019
$100
Garine LLC
Garine Prosthodontics Pa
Correction Deed
related
—
Jul 24, 2019
$775,000
Garine LLC
Bub Unlimited LLC
Warranty Deed
$1,575,000 · Live Oak Bkg
—
—
Garine LLC
—
Deed Of Trust
related
$1,575,000 · Live Oak Bkg
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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