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Property profile & analytics
OFF-MARKET
Estimated value
$1,115,000
Residential income homes
3802 Melaleuca Ln, Lake Worth, FL 33461-5118
Entity Owned
9-yr Hold
Property ID
US18-0476020
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1979
Construction
WOOD
Total area
3,920 SF
Lot
6.49 ac (282,778 SF)
Zoning code
PUD
APN
00-43-44-30-01-109-0011
UPID
US18-0476020
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
$1.01M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.12M
Owner & transaction history
Librizzi Holdings LLC · 9 yrs held
Librizzi Holdings LLC
since 2016
7 recorded transactions
Zoning & alternative use
PUD · Lake Worth, 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 submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Worth 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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,090,000
6.5%
$1,005,000
7%
$935,000
Blend value · Realmo final
$1.12M
Range $1.00M – $1.23M · ±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
$284 / 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
$88,569
Tax year 2023
Assessed value
$4,979,371
Assessed 2023
Previous assessed
$4,979,371
+0.0% YoY
Effective rate
1.78%
On assessed value
Assessed land
$1,640,000
Assessed improvement
$3,339,371
Land market value
$1,640,000
Improvement market value
$3,339,371
Total market value
$4,979,371
Applied tax rate
203.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1979
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
6
Stories
1
Units
4
Bathrooms
42
Total area
3,920 SF
Lot
6.49 ac (282,778 SF)
Zoning code
PUD
APN
00-43-44-30-01-109-0011
UPID
US18-0476020
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
PUD · Lake Worth, FL
Zoning PUD · permitted uses
PUD · Lake Worth, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake Worth. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
6
Units
4
Bathrooms
42
Lot
6.49 ac
Current owner
From public records · entity-resolved
Librizzi Holdings LLC
Entity
Mailing address
PO BOX 106, LAKE WORTH BEACH, FL 33460-0106
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
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2016
$6,800,000
Librizzi Holdings LLC
9313-4237 Holding LP
Warranty Deed
—
Feb 17, 2015
$4,675,000
9313-4237 Holding LP
Oak Leaf Park LLC
Warranty Deed
$2,434,655 · Palm Beach Community Bank
Apr 26, 2013
$1,868,000
Palm Bch Cmnty Bk
Oak Leaf Park LLC
Grant Deed
related
—
Apr 26, 2013
—
Oak Leaf Park LLC
—
Deed Of Trust
related
$1,868,000 · Palm Beach Community Bank
Apr 14, 2011
$1,430,000
Oak Leaf Park LLC
American Liberty Of Cosmic Prop L
Warranty Deed
$1,400,000 · Pensam Cap Funding Xiii LLC
Dec 21, 2007
—
American Liberty Of Cosmic Prop L
Kishk,nabil
Quit Claim Deed
related
—
Nov 21, 2007
—
American Liberty Of Cosmic Prop L
Kishk,nabil
Quit Claim Deed
related
—
Dec 14, 2006
$3,667,000
Nabil Kishk
Kaodene LLC
Warranty Deed
—
Nov 8, 2006
—
Kaodene LLC
Byrne,robert T
Quit Claim Deed
related
—
—
—
Librizzi Holdings LLC
—
Deed Of Trust
related
$2,600,000 · Td Bk NA
—
—
American Liberty Of Cosmic Prop L
—
Deed Of Trust
related
$160,000 · James L Martin
—
—
Byrne Robert T Trust
—
Deed Of Trust
related
$100,000 · Fidelity Federal Bank & Trust
—
—
Oak Leaf Park LLC
—
Loan Modification
related
$2,168,000 · Palm Beach Community Bank
—
—
9313-4237 Holding LP
—
Deed Of Trust
related
$3,654,000 · Mercantil Commercebank
—
—
Robert Byrne
—
Deed Of Trust
related
—
—
—
American Liberty Of Cosmic Prop L
—
Deed Of Trust
related
$212,000 · James L Martin
—
—
Oak Leaf Park LLC
—
Deed Of Trust
related
$1,500,000 · Palm Beach Community 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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