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Financial
Distress signals
Property profile

400 Olive Ave West Palm Beach, FL 33401

OFF-MARKET
High-rise multifamily apartments
Property ID
US18-4228004
112,202 SF 0.76 ac lot Built 1981
Last sale Sep 2021 · $25,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$18k
Tax billed · 2023
Assessed value$19.17M
Assessed improvement$19.17M
Effective rate0.09%

Value estimate

· Oct 2026
$43.53M
$39.17M – $47.88M
CAP approach$30.05M
Submarket $/SF estimate$54.85M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$596/SF
Submarket average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$489 – $832

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
FWD-5
The Flagler waterfront district is located along Flagler Drive, the city scenic intracoastal waterfront roadway, the neighborhood is char...
General categoryOPEN_SPACE
JurisdictionPALM BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat8.8
Pet Grooming Service8.0
Laundry Service7.9

Location

400 Olive Ave West Palm Beach, FL 33401-5921
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
550 Executive Ctr, West Palm Beach, FL 33401-4902 $27,000,000 Apr 2023 46,718 SF
206 Clematis, West Palm Beach, FL 33401-5513 $18,000,000 May 2022 41,542 SF
1701 Clare, West Palm Beach, FL 33401-6938 $78,000,000 Apr 2022 173,543 SF
499 Evernia, West Palm Beach, FL 33401-5407 $103,494,000 Jan 2020 334,422 SF
326 Fern, West Palm Beach, FL 33401-5821 $102,990,000 Oct 2018 72,594 SF
333 Fern, West Palm Beach, FL 33401-5896 $102,990,000 Oct 2018 434,580 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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