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Property profile & analytics
FOR SALE
Commercial real estate
2718 Conroy Dr West Palm Beach, FL 33403
Entity Owned
~
Est. High Equity
Property ID
US18-5350019
For Sale
1 / 4
$950,000
2718 Conroy Dr, West Palm Beach, FL 33403
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1955
Construction
WOOD
Total area
1,714 SF
Lot
0.2 ac (8,712 SF)
Zoning code
C-T
APN
68-43-42-17-05-000-0420
UPID
US18-5350019
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
by Request
Owner & transaction history
2718 Conroy Drive LLC
2718 Conroy Drive LLC
since 2026
Last sale
$875,000
7 recorded transactions
Zoning & alternative use
C-T · North Palm 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 West Palm Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Palm 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
—
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
$3,417
Tax year 2023
Assessed value
$338,157
Assessed 2023
Previous assessed
$306,427
+10.4% YoY
Effective rate
1.01%
On assessed value
Assessed land
$121,056
Assessed improvement
$217,101
Land market value
$121,056
Improvement market value
$217,101
Total market value
$338,157
Applied tax rate
68,401.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1955
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
1,714 SF
Lot
0.2 ac (8,712 SF)
Zoning code
C-T
APN
68-43-42-17-05-000-0420
UPID
US18-5350019
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
C-T · North Palm Beach, FL
Zoning C-T · permitted uses
C-T · North Palm Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Palm Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1955
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
2718 Conroy Drive LLC
Entity
Mailing address
11067 ELLISON WILSON RD, NORTH PALM BEACH, FL 33408-3107
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 16, 2026
$875,000
2718 Conroy Drive LLC
Susan F Silvester
Warranty Deed
$700,000 · Sanibel Captiva Community Bank
Jul 15, 2019
$100
Susan F Silvester
Silvester Dennis A
Grant Deed
related
—
Aug 16, 2013
—
Dennis A Silvester
Dsd Group INC
Quit Claim Deed
related
—
Aug 26, 2011
—
Dennis A Silvester
Silvester,steven E
Quit Claim Deed
related
—
Jul 28, 2006
—
Dennis A Silvester
Steven E Silvester
Intrafamily Transfer
related
$126,000 · Suntrust Bank
Mar 15, 2000
$126,000
Steven Silvester Trustee
Dsb Group INC
Quit Claim Deed
related
—
Apr 19, 1999
$125,000
Dsd Group INC
Catanzaro,dorothy V
Grant Deed
$126,000 · Community Savings Fa
—
—
Dennis A Silvester
—
Loan Modification
related
$126,000 · Suntrust Bank NA
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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