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Property profile & analytics
OFF-MARKET
Estimated value
$930,000
Parking lots & garages
2706 4th St Boynton Beach, FL 33435
Entity Owned
8-yr Hold
Free & Clear
Property ID
US18-5989839
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
2004
Construction
STEEL FRAME
Total area
15,774 SF
Lot
0.72 ac (31,237 SF)
Zoning code
PU
APN
08-43-45-33-01-001-0050
UPID
US18-5989839
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$930k
Owner & transaction history
Bethesda Health INC · 8 yrs held
Bethesda Health INC
since 2017
3 recorded transactions
Zoning & alternative use
PU · Boynton Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
s. MISCELLANEOUS ZONING DISTRICT - Whenever the words "miscellaneous district" or "miscellaneous zoning district" are used, they are construed to include any or all of the following zoning districts: REC recreation; and PU public usage. MITIGATION, WCF - See "Wireless Communication Facilities." MIXED USE BUILDING - A building that contains a mix of residenti…
Zone name
Public Usage
General category
UNKNOWN
Zone area
239.45 ac
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 Boynton Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boynton 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
PARKING LOT
$1,500,000
Current use
Blend value · Realmo final
$930k
Range $837k – $1.02M · ±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
$59 / 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
$946
Tax year 2023
Assessed value
$1,505,142
Assessed 2023
Previous assessed
$1,418,815
+6.1% YoY
Effective rate
0.06%
On assessed value
Assessed land
$327,978
Assessed improvement
$1,177,164
Land market value
$327,978
Improvement market value
$1,177,164
Total market value
$1,505,142
Applied tax rate
8,984.0000
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
Off-Market
Year built
2004
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Total area
15,774 SF
Lot
0.72 ac (31,237 SF)
Zoning code
PU
APN
08-43-45-33-01-001-0050
UPID
US18-5989839
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
PU · Boynton Beach, FLZoning PU · permitted uses
PU · Boynton Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
s. MISCELLANEOUS ZONING DISTRICT - Whenever the words "miscellaneous district" or "miscellaneous zoning district" are used, they are construed to include any or all of the following zoning districts: REC recreation; and PU public usage. MITIGATION, WCF - See "Wireless Communication Facilities." MIXED USE BUILDING - A building that contains a mix of residential and non-residential uses. See also "Mixed Use Development." MIXED USE DEVELOPME
Zone name
Public Usage
General category
UNKNOWN
Zone area
239.45 ac
Alternative use value scenarios
Repositioning upside vs current use
PARKING LOT Current
Est. value
$1.5M
PARKING LOT Current
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
2004
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.72 ac
Current owner
From public records · entity-resolved
Bethesda Health INC
Entity
Free & Clear · 8 yrs held
Mailing address
2815 S SEACREST BLVD, BOYNTON BEACH, FL 33435-7969
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2017
—
Bethesda Health INC
—
Deed
related
—
Apr 14, 2010
—
Bethesda Healthcare System INC
—
Deed Of Trust
related
$500,000,000 · Us Bank NA
—
—
Bethesda Health INC
—
Loan Modification
related
—
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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