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Property profile & analytics
OFF-MARKET
Estimated value
$4,940,000
Community centers
2837 Federal Hwy, Stuart, FL 34994-9252
Entity Owned
3-yr Hold
Free & Clear
Property ID
US18-5212841
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2008
Construction
CONCRETE
Total area
12,115 SF
Lot
1.35 ac (58,632 SF)
APN
19-37-41-000-000-00450-1
UPID
US18-5212841
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
-
Mattress Firm Jensen Beach Furniture & Home Goods
-
Mr. Smoke Jensen Beach (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.61M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.94M
Owner & transaction history
Daffodil LLC · 3 yrs held
Daffodil LLC
since 2022
Last sale
$5.2M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.7M
+279.3%
Apartment house (5+ units)
$5.7M
+224.6%
Retail stores
$3.3M
+83.7%
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 Stuart submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stuart 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
$4,735,000
ML approach
$4,610,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$6,715,000
Change: +279% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$5,745,000
Change: +225% · Conversion: Difficult
RETAIL STORES
$3,255,000
Change: +84% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,970,000
Change: +68% · Conversion: Easy
Blend value · Realmo final
$4.94M
Range $4.45M – $5.43M · ±10% · vs last sale $5.21M (Aug 31 2022)
Last sale anchor
$5.21M
Aug 31 2022
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
$408 / 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
$73,958
Tax year 2023
Assessed value
$4,431,920
Assessed 2023
Previous assessed
$2,215,890
+100.0% YoY
Effective rate
1.67%
On assessed value
Assessed land
$586,100
Assessed improvement
$3,845,820
Land market value
$586,100
Improvement market value
$3,845,820
Total market value
$4,431,920
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2008
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Rooms
1
Bathrooms
2
Total area
12,115 SF
Lot
1.35 ac (58,632 SF)
APN
19-37-41-000-000-00450-1
UPID
US18-5212841
Jurisdiction
MARTIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$6.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.7M
RETAIL STORES
Est. value
$3.3M
COMMERCIAL (GENERAL)
Est. value
$3.0M
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
COMMERCIAL (GENERAL)
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
2008
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
2
Lot
1.35 ac
Current owner
From public records · entity-resolved
Daffodil LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1200 SE ATLANTIC DR, LANTANA, FL 33462-4781
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2022
$5,205,000
Daffodil LLC
Sandy East Jb LLC
Warranty Deed
—
Aug 11, 2014
$1,393,900
Sandy East Jb LLC
Sandy East LLC
Warranty Deed
$2,200,000 · Mhcapital Funding LLC
Aug 20, 2008
$4,550,000
Sandy East LLC
2841 Associates INC
Grant Deed
$1,275,000 · 2841 Assoc INC
—
—
2841 Associates INC
—
Deed Of Trust
related
$2,360,242 · Colonial Bank
—
—
Sandy East LLC
—
Deed Of Trust
related
$1,500,000 · Intervest National Bank
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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