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Property profile & analytics
OFF-MARKET
Estimated value
$2,425,000
Showrooms
3575 23rd Ave S Ste 101 Lake Worth Beach, FL 33461-3208
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US18-2944075
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1987
Construction
CONCRETE
Total area
17,225 SF
Lot
1 ac (43,564 SF)
Zoning code
I-POC
APN
38-43-44-20-19-000-0060
UPID
US18-2944075
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
$2.43M
Owner & transaction history
Ahg 23 Ave LLC · 10 yrs held
Ahg 23 Ave LLC
since 2015
6 recorded transactions
Zoning & alternative use
I-POC · Lake Worth 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 Lake Worth Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Worth 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
$141 / 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
$22,337
Tax year 2023
Assessed value
$1,939,996
Assessed 2023
Previous assessed
$1,715,671
+13.1% YoY
Effective rate
1.15%
On assessed value
Assessed land
$609,039
Assessed improvement
$1,330,957
Land market value
$609,039
Improvement market value
$1,330,957
Total market value
$1,939,996
Applied tax rate
38,453.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1987
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Stories
2
Total area
17,225 SF
Lot
1 ac (43,564 SF)
Zoning code
I-POC
APN
38-43-44-20-19-000-0060
UPID
US18-2944075
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
I-POC · Lake Worth Beach, FL
Zoning I-POC · permitted uses
I-POC · Lake Worth Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake Worth Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1987
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Lot
1 ac
Current owner
From public records · entity-resolved
Ahg 23 Ave LLC
Entity
Mailing address
3575 23RD AVE S APT 101A, LAKE WORTH BEACH, FL 33461-3208
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2020
—
Ahg 23 Ave LLC
—
Deed
related
$1,462,500 · Flagler Bank
Nov 9, 2018
—
Ahg 23 Ave LLC
—
Deed
related
$1,200,000 · Bankunited Fsb
Aug 19, 2015
$100,000
Ahg 23 Ave LLC
3575 23 Ave S LLC
Warranty Deed
$877,500 · Firstcity Bk/commerce
Aug 15, 2014
$1,050,000
3575 23 Ave S LLC
Windjammer Properties LLC
Grant Deed
$800,000 · Windjammer Properties LLC
—
—
Ahg 23 Ave LLC
—
Deed Of Trust
related
$1,200,000 · Bankunited Fsb
—
—
Windjammer Properties
—
Deed Of Trust
related
$240,000 · Eleanor M & Warren A Stewart
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
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