Property profile

231 Royal Palm Way Palm Beach, FL 33480

OFF-MARKET
Office buildings
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Property ID
US18-2158213
11,576 SF 0.32 ac Built 1973
Last sale Oct 2017·$9,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$154k
Tax billed · 2023
Assessed value$10.04M
Assessed land$3.43M
Assessed improvement$6.60M
Effective rate1.53%

Value estimate

· Nov 2026
$4.93M
$4.43M – $5.42M
CAP approach$5.04M
Submarket $/SF estimate$5.93M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$397/SF
County average, outlier-cleaned · 950 recorded sales of this use type
Observed band · Q1–Q3$225 – $663

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-OPI
The purpose of the C-OPI office, professional and institutional district is to provide locations for administrative, professional busines...
General categoryCIVIC_INSTITUTIONAL
JurisdictionPALM BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith8.9
Convenience Store8.6
Shoe Repair8.6

Location

231 Royal Palm Way Palm Beach, FL 33480-4349
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
317 Peruvian, Palm Beach, FL 33480-4645 $8,400,000 May 2025 6,474 SF
95 County, Palm Beach, FL 33480-4029 $28,000,000 Sep 2024 13,932 SF
222 Royal Palm, Palm Beach, FL 33480-4303 $18,665,000 Aug 2024 11,694 SF
375 County, Palm Beach, FL 33480-4493 $18,335,570 Jul 2023 11,271 SF
209 Phipps, Palm Beach, FL 33480-4241 $7,975,000 Apr 2021 6,591 SF
218 Royal Palm, Palm Beach, FL 33480-4303 $8,500,000 Apr 2021 12,446 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Includes: Price & PSF · Cap rate · Location · Zoning

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