Property profile

241 Royal Palm Way Palm Beach, FL 33480

OFF-MARKET
Office buildings
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Property ID
US18-1241831
12,709 SF 0.31 ac Built 1990
Last sale Jan 1999·$2,400,000
Individually Owned Owner of record is an individual. 27-yr Hold Held for 27 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?
$107k
Tax billed · 2023
Assessed value$7.14M
Assessed land$3.30M
Assessed improvement$3.84M
Effective rate1.50%

Value estimate

· Nov 2026
$4.16M
$3.74M – $4.57M
CAP approach$5.53M
Submarket $/SF estimate$4.22M

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

241 Royal Palm Way Palm Beach, FL 33480-4302
County assessor Recorded deeds · 5 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
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
340 Royal Palm, Palm Beach, FL 33480-4307 $12,711,900 Apr 2022 21,632 SF
223 Sunset, Palm Beach, FL 33480-3878 $23,000,000 Sep 2021 22,689 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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