Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,045,000
High-rise multifamily apartments
2791 Florida Mango Rd Lake Worth, FL 33461-2270
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US18-2374671
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
1974
Construction
STEEL FRAME
Total area
22,408 SF
Lot
2.34 ac (102,048 SF)
Zoning code
RH
APN
00-43-44-17-23-000-0011
UPID
US18-2374671
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
Current use
Occupant on record · Public records
-
OnGo Mobile Tire Services LLC Auto Repair Shop
-
Palm Ridge Apartments Apartment Complex
-
Freighliner tampa Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.30M
Comparable Approach
Comparable
$4.24M
Blend (final)
Blend
$6.05M
Owner & transaction history
Gator Palm Ridge Partners Lllp · 15 yrs held
Gator Palm Ridge Partners Lllp
since 2010
4 recorded transactions
Zoning & alternative use
RH · Lake Worth, 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 Lake Worth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Worth 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%
$5,745,000
6.5%
$5,300,000
7%
$4,925,000
Blend value · Realmo final
$6.05M
Range $5.44M – $6.65M · ±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
$270 / 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
$139,303
Tax year 2023
Assessed value
$8,248,241
Assessed 2023
Previous assessed
$7,492,619
+10.1% YoY
Effective rate
1.69%
On assessed value
Assessed land
$1,420,000
Assessed improvement
$6,828,241
Land market value
$1,420,000
Improvement market value
$6,828,241
Total market value
$8,248,241
Applied tax rate
203.0000
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
1974
Construction
STEEL FRAME
Heating
NONE
Cooling
CENTRAL
Buildings
4
Stories
4
Units
24
Rooms
12
Bathrooms
11
Total area
22,408 SF
Lot
2.34 ac (102,048 SF)
Zoning code
RH
APN
00-43-44-17-23-000-0011
UPID
US18-2374671
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
RH · Lake Worth, FL
Zoning RH · permitted uses
RH · Lake Worth, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake Worth. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
4
Buildings
4
Units
24
Rooms
12
Bathrooms
11
Lot
2.34 ac
Current owner
From public records · entity-resolved
Gator Palm Ridge Partners Lllp
Entity
Mailing address
7850 NW 146TH ST, MIAMI LAKES, FL 33016-1564
Ownership since
2010
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
Nov 18, 2010
$2,650,000
Gator Palm Ridge Partners Lllp
Franz Schneider
Warranty Deed
$2,868,750 · Wells Fargo Bank NA
Jan 12, 2006
—
Franz Schneider
Palm Ridge Apartments INC
Grant Deed
related
—
Jul 12, 2004
$5,500,000
Franz Schneider
Palm Ridge Apartments INC
Grant Deed
$4,400,000 · International Bank Of Miami
—
—
Gator Palm Ridge Partners Lllp
—
Loan Modification
related
$3,750,000 · Sabadell United Bk 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2791 Florida Mango Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
