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Property profile & analytics
OFF-MARKET
Estimated value
$6,015,000
Community centers
4232 Ocean Blvd Jensen Beach, FL 34957-4307
Entity Owned
5-yr Hold
Free & Clear
Property ID
US18-8407173
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1984
Total area
32,913 SF
Lot
6 ac (261,360 SF)
APN
13-37-41-000-000-00120-4
UPID
US18-8407173
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
-
CVS Photo (Bike/Boat/Book/etc) Store
-
CDReload - Online Bitcoin ATM Currency Exchange Service Money Transfer Service
-
CVS Pharmacy Pharmacy
-
CVS Pharmacy
-
UPS Access Point location Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.34M
CAP Approach
CAP
$6.78M
Comparable Approach
Comparable
$5.93M
Blend (final)
Blend
$6.02M
Owner & transaction history
Shaked Investments LLC · 5 yrs held
Shaked Investments LLC
since 2021
Last sale
$5.4M
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$8.9M
+82.9%
Industrial (general)
$7.8M
+61.6%
Medical building
$7.8M
+61.5%
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 Jensen Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jensen 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
$6,255,000
ML approach
$6,335,000
CAP Approach
CAP Return
Estimation
6%
$7,345,000
6.5%
$6,780,000
7%
$6,295,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$4,855,000
Current use
RETAIL STORES
$8,880,000
Change: +83% · Conversion: Easy
INDUSTRIAL (GENERAL)
$7,845,000
Change: +62% · Conversion: Difficult
MEDICAL BUILDING
$7,840,000
Change: +61% · Conversion: Difficult
WAREHOUSE, STORAGE
$4,765,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$6.02M
Range $5.41M – $6.62M · ±10% · vs last sale $5.40M (Jun 4 2021)
Last sale anchor
$5.40M
Jun 4 2021
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
$183 / 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
$80,014
Tax year 2023
Assessed value
$4,738,680
Assessed 2023
Previous assessed
$4,511,980
+5.0% YoY
Effective rate
1.69%
On assessed value
Assessed land
$642,160
Assessed improvement
$4,096,520
Land market value
$642,160
Improvement market value
$4,096,520
Total market value
$4,738,680
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1984
Stories
1
Total area
32,913 SF
Lot
6 ac (261,360 SF)
APN
13-37-41-000-000-00120-4
UPID
US18-8407173
Jurisdiction
MARTIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$4.9M
RETAIL STORES
Est. value
$8.9M
INDUSTRIAL (GENERAL)
Est. value
$7.8M
MEDICAL BUILDING
Est. value
$7.8M
WAREHOUSE, STORAGE
Est. value
$4.8M
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
INDUSTRIAL (GENERAL)
MEDICAL BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1984
Stories
1
Lot
6 ac
Current owner
From public records · entity-resolved
Shaked Investments LLC
Entity
Free & Clear · 5 yrs held
Mailing address
225 GOLDEN BCH DR, GOLDEN BEACH, FL 33160-2224
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2021
$5,400,000
Shaked Investments LLC
Island Shoppes LLC
Warranty Deed
—
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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