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Property profile & analytics
OFF-MARKET
Estimated value
$310,000
Golf courses & driving ranges
308 Binks Frst Dr Wellington, FL 33414
Entity Owned
10-yr Hold
Free & Clear
Property ID
US18-7094282
Property profile
Verified
Property type
Golf courses & driving ranges
Use group
GOLF COURSE
Lot
8.13 ac (354,143 SF)
Zoning code
PUD
APN
73-41-44-06-02-021-0000
UPID
US18-7094282
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
$310k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$310k
Owner & transaction history
Wellington Natl Holdings LLC · 10 yrs held
Wellington Natl Holdings LLC
since 2016
5 recorded transactions
Zoning & alternative use
PUD · Wellington, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The PUD district is established to offer a residential development alternative that provides greater flexibility and encourages more design creativity than may be available under conventional development approaches. The intent of the PUD is to promote the design of largely and primarily residential neighborhoods, that incorporates commercial, recreational, c…
Zone name
Planned Unit Development
General category
PLANNED_DEVELOPMENT
Zone area
14,719.16 ac
Source
Realmo
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 Wellington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wellington 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
$310,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$310k
Range $279k – $341k · ±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
—
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
$2,578
Tax year 2023
Assessed value
$28,455
Assessed 2023
Previous assessed
$28,455
+0.0% YoY
Effective rate
9.06%
On assessed value
Assessed land
$28,455
Land market value
$28,455
Total market value
$28,455
Applied tax rate
73,486.0000
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
Golf courses & driving ranges
Use group
GOLF COURSE
Status
Off-Market
Heating
NONE
Lot
8.13 ac (354,143 SF)
Zoning code
PUD
APN
73-41-44-06-02-021-0000
UPID
US18-7094282
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
PUD · Wellington, FLZoning PUD · permitted uses
PUD · Wellington, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The PUD district is established to offer a residential development alternative that provides greater flexibility and encourages more design creativity than may be available under conventional development approaches. The intent of the PUD is to promote the design of largely and primarily residential neighborhoods, that incorporates commercial, recreational, civic, and institutional uses that support the neighborhoods. It also provides for preservation of natural features and scenic areas and promotes creation of a continuous non-vehicular circulation system.
Zone name
Planned Unit Development
General category
PLANNED_DEVELOPMENT
Zone area
14,719.16 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Lot
8.13 ac
Current owner
From public records · entity-resolved
Wellington Natl Holdings LLC
Entity
Free & Clear · 10 yrs held
Mailing address
795 W 20TH ST, HIALEAH, FL 33010-2429
Ownership since
2016
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
Mar 15, 2016
$2,100,000
Wellington Natl Holdings LLC
Binks Exchange Co LLC
Grant Deed
—
Sep 20, 2012
$15,456,329
Arcc Crescent LLC
Aquila Binks Forest Dev LLC
Grant Deed
—
Sep 20, 2012
$3,000,000
Binks Exchange Co LLC
Arcc Crescent LLC
Grant Deed
—
Dec 30, 2009
—
Aquila Binks Forest Dev LLC
—
Deed Of Trust
related
$13,337,500 · Allied Capital Corp
May 11, 2007
$11,543,254
Aquila Binks Forest Development LLC
Peninsula Property Holdings INC
Special Warranty Deed
$48,000,000 · Allied Capital Corp
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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