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Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Residential income homes
37280 Okeechobee Ave, Canal Point, FL 33438-5019
Entity Owned
3-yr Hold
Property ID
US18-5947139
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1960
Construction
CONCRETE
Total area
2,916 SF
Lot
1.32 ac (57,673 SF)
Zoning code
RH
APN
00-37-41-33-03-014-0010
UPID
US18-5947139
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
-
Cariuo-Reker Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$835k
CAP Approach
CAP
$750k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$790k
Owner & transaction history
Re Wealth Advisors LLC · 3 yrs held
Re Wealth Advisors LLC
since 2022
Last sale
$800,000
7 recorded transactions
Zoning & alternative use
RH · Canal Point, 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 Canal Point submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Canal Point 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
$765,000
ML approach
$835,000
CAP Approach
CAP Return
Estimation
6%
$810,000
6.5%
$750,000
7%
$695,000
Blend value · Realmo final
$790k
Range $711k – $869k · ±10% · vs last sale $800k (Oct 14 2022)
Last sale anchor
$800k
Oct 14 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
$271 / 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
$25,531
Tax year 2023
Assessed value
$689,515
Assessed 2023
Previous assessed
$689,515
+0.0% YoY
Effective rate
3.70%
On assessed value
Assessed land
$41,600
Assessed improvement
$647,915
Land market value
$41,600
Improvement market value
$647,915
Total market value
$689,515
Applied tax rate
76.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1960
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Buildings
6
Stories
2
Units
4
Rooms
4
Bathrooms
11
Total area
2,916 SF
Lot
1.32 ac (57,673 SF)
Zoning code
RH
APN
00-37-41-33-03-014-0010
UPID
US18-5947139
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
RH · Canal Point, FL
Zoning RH · permitted uses
RH · Canal Point, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Canal Point. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Buildings
6
Units
4
Rooms
4
Bathrooms
11
Lot
1.32 ac
Current owner
From public records · entity-resolved
Re Wealth Advisors LLC
Entity
Mailing address
110 SE 6TH ST FL #17, FORT LAUDERDALE, FL 33301-5047
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 14, 2022
—
Re Wealth Advisors LLC
Hds Brand Investments INC
Quit Claim Deed
related
—
Jul 20, 2020
—
Re Wealth Advisors LLC
Re Wealth Advisors LLC
Quit Claim Deed
related
—
Nov 8, 2017
$800,000
Re Wealth Advisors LLC
Beacon Acquisition Group LLC
Warranty Deed
$680,000 · Lupowitz Sophie Trust (pt)
Mar 30, 2015
$287,000
Beacon Acquisition Group LLC
Terrazon Partners LLC
Warranty Deed
$200,000 · Ralph Russo
Oct 10, 2006
—
Terrazon Partners LLC
Coc Ellick Alford
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Sep 21, 2006
—
Ellick,alford
Debra Ellick-delancy
Quit Claim Deed
related
—
Sep 13, 2006
—
Ellick-delancy,debra
Alford Ellick
Quit Claim Deed
related
—
—
—
Beacon Acquisition Group LLC
—
Deed Of Trust
related
$650,000 · Harvey M Bloch
—
—
Beacon Acquisition Group LLC
—
Deed Of Trust
related
$25,000 · Bonnie Finkel
—
—
Terrazon Partners LLC
—
Loan Modification
related
—
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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