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Property profile & analytics
OFF-MARKET
Estimated value
$1,870,000
Office buildings
3678 Congress Ave Ste 1 Palm Springs, FL 33461-3700
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-5366873
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1993
Construction
CONCRETE
Total area
10,030 SF
Lot
1.11 ac (48,352 SF)
Zoning code
CG
APN
70-43-44-20-01-103-0020
UPID
US18-5366873
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
$1.68M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.61M
Blend (final)
Blend
$1.87M
Owner & transaction history
Seem Realty I LLC · 2 yrs held
Seem Realty I LLC
since 2023
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
CG · Palm Springs, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
It is the purpose of the CG commercial general land development district to provide lands within the village for a wide range of goods and commercial services that serve a consumer market that may extend beyond municipal limits. Such areas shall be located convenient to major roads and automotive traffic. However, it is not the intent of this land developmen…
Zone name
Commercial General
General category
COMMERCIAL
Zone area
601.31 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 Palm Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Springs 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
$1,870,000
ML approach
$1,680,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.87M
Range $1.68M – $2.06M · ±10% · vs last sale $2.10M (Oct 11 2023)
Last sale anchor
$2.10M
Oct 11 2023
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
$186 / 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
$44,288
Tax year 2023
Assessed value
$2,205,821
Assessed 2023
Previous assessed
$2,057,428
+7.2% YoY
Effective rate
2.01%
On assessed value
Assessed land
$598,340
Assessed improvement
$1,607,481
Land market value
$598,340
Improvement market value
$1,607,481
Total market value
$2,205,821
Applied tax rate
70,453.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1993
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Bathrooms
5
Total area
10,030 SF
Lot
1.11 ac (48,352 SF)
Zoning code
CG
APN
70-43-44-20-01-103-0020
UPID
US18-5366873
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CG · Palm Springs, FLZoning CG · permitted uses
CG · Palm Springs, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
It is the purpose of the CG commercial general land development district to provide lands within the village for a wide range of goods and commercial services that serve a consumer market that may extend beyond municipal limits. Such areas shall be located convenient to major roads and automotive traffic. However, it is not the intent of this land development district to necessarily create or promote an extension of strip commercial areas.
Zone name
Commercial General
General category
COMMERCIAL
Zone area
601.31 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1993
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
5
Lot
1.11 ac
Current owner
From public records · entity-resolved
Seem Realty I LLC
Entity
Free & Clear · 2 yrs held
Mailing address
PO BOX 1345, WATER MILL, NY 11976-1345
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 11, 2023
$2,100,000
Seem Realty I LLC
3678 S Congress Ave LLC
Warranty Deed
—
Jul 15, 2019
—
3678 S Congress Avenue LLC
—
Deed
related
$736,032 · Seacoast Nat'l Bk
Apr 23, 2019
—
3678 S Congress Avenue LLC
—
Deed
related
$600,000 · Seacoast Nat'l Bk
Oct 15, 2015
$800,000
3678 S Congress Ave LLC
Acosta Garcia Annarella
Warranty Deed
$600,000 · Palm Beach Community Bank
Jan 4, 2011
$862,500
Annarella A Garcia
Ritz Associates LLP
Warranty Deed
—
—
—
3678 S Congress Avenue LLC
—
Loan Modification
related
$600,000 · Seacoast Nat'l Bk
—
—
3678 S Congress Avenue LLC
—
Loan Modification
related
$736,032 · Seacoast Nat'l Bk
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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