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Property profile & analytics
OFF-MARKET
Estimated value
$4,035,000
Retail space
420 Clematis St West Palm Beach, FL 33401-5311
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US19-0337812
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1930
Construction
WOOD
Total area
3,228 SF
Lot
0.26 ac (11,474 SF)
Zoning code
CWD-CD
APN
74-43-43-21-01-017-0031
UPID
US19-0337812
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
-
Advocare Elder Care Management Home Health Care Service
-
Hidden smoke shop north (Bike/Boat/Book/etc) Store
-
Downtown Vapes (Bike/Boat/Book/etc) Store Alternative Medicine Practice
-
420 Ave (Bike/Boat/Book/etc) Store
-
IYT Septic Tank Pumping West Palm Beach Plumbing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.05M
Blend (final)
Blend
$4.04M
Owner & transaction history
420 Clematis Wpb LLC · 4 yrs held
420 Clematis Wpb LLC
since 2022
Last sale
$3.9M
6 recorded transactions
Zoning & alternative use
CWD-CD · West Palm 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 West Palm Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Palm 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
Method
Estimation
Statistic approach
$4,190,000
ML approach
$4,250,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.04M
Range $3.63M – $4.44M · ±10% · vs last sale $3.85M (Feb 4 2022)
Last sale anchor
$3.85M
Feb 4 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
$1,250 / 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
$68,860
Tax year 2023
Assessed value
$3,042,022
Assessed 2023
Previous assessed
$2,836,117
+7.3% YoY
Effective rate
2.26%
On assessed value
Assessed land
$1,835,840
Assessed improvement
$1,206,182
Land market value
$1,835,840
Improvement market value
$1,206,182
Total market value
$3,042,022
Applied tax rate
84,407.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1930
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
3,228 SF
Lot
0.26 ac (11,474 SF)
Zoning code
CWD-CD
APN
74-43-43-21-01-017-0031
UPID
US19-0337812
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CWD-CD · West Palm Beach, FL
Zoning CWD-CD · permitted uses
CWD-CD · West Palm Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Palm Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.26 ac
Current owner
From public records · entity-resolved
420 Clematis Wpb LLC
Entity
Mailing address
777 BRICKELL AVE STE #630, MIAMI, FL 33131-2819
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2022
$3,850,000
420 Clematis Wpb LLC
Evendy Cre LLC
Special Warranty Deed
$2,475,000 · Fieldpoint Private Bank And Trust
Jan 8, 2020
—
420 Clematis Street LLC
—
Deed
related
$200,000 · First Bk/the Palm Beaches
Aug 28, 2018
$1,107,000
Florida Busn Dev Corp
Clematis Realt Manaement LLC
Grant Deed
—
Feb 28, 2003
$1,150,000
Evelyn F Parkes
Jrg LLC
Grant Deed
$920,000 · Fidelity Federal Bank & Trust
—
—
420 Clematis Street LLC
—
Loan Modification
related
$200,000 · First Bk/the Palm Beaches
—
—
420 Clematis Street LLC
—
Loan Modification
related
$670,000 · First Bk/the Palm Beaches
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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