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Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Office buildings
432 Boynton Bch Blvda Boynton Beach, FL 33435-4027
Individually Owned
~
Est. High Equity
Property ID
US18-2101240
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1959
Construction
WOOD
Total area
1,952 SF
Lot
0.34 ac (14,754 SF)
Zoning code
C2
APN
08-43-45-28-11-000-0050
UPID
US18-2101240
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
-
USA Windows and Doors Hardware & Home Improvement Interior Design
-
Benchmark Painting & Carpentry General Contractor
-
Melash Beauty Bar Hair Salon Nail Salon
-
Gator Agent Consultant
-
CMB Electrician Electrical Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$850k
Comparable Approach
Comparable
$781k
Blend (final)
Blend
$765k
Owner & transaction history
Boynton Beach Community Redevelopment Agency
Boynton Beach Community Redevelopment Agency
since 2026
Last sale
$712,500
7 recorded transactions
Zoning & alternative use
C2 · Boynton Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$965,000
+66.1%
Commercial (general)
$790,000
+36.4%
Retail stores
$790,000
+36.2%
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 Boynton Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boynton 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$920,000
6.5%
$850,000
7%
$790,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$580,000
Current use
AUTO REPAIR, GARAGE
$965,000
Change: +66% · Conversion: Difficult
COMMERCIAL (GENERAL)
$790,000
Change: +36% · Conversion: Easy
RETAIL STORES
$790,000
Change: +36% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$770,000
Change: +33% · Conversion: Difficult
MEDICAL BUILDING
$770,000
Change: +33% · Conversion: Easy
WAREHOUSE, STORAGE
$515,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$765k
Range $689k – $842k · ±10% · vs last sale $713k (Oct 15 2020)
Last sale anchor
$713k
Oct 15 2020
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
$392 / 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
$15,652
Tax year 2023
Assessed value
$795,570
Assessed 2023
Previous assessed
$759,867
+4.7% YoY
Effective rate
1.97%
On assessed value
Assessed land
$387,293
Assessed improvement
$408,277
Land market value
$387,293
Improvement market value
$408,277
Total market value
$795,570
Applied tax rate
8,987.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1959
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
1,952 SF
Lot
0.34 ac (14,754 SF)
Zoning code
C2
APN
08-43-45-28-11-000-0050
UPID
US18-2101240
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
C2 · Boynton Beach, FL
Zoning C2 · permitted uses
C2 · Boynton Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Boynton Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$580,000
AUTO REPAIR, GARAGE
Est. value
$965,000
COMMERCIAL (GENERAL)
Est. value
$790,000
RETAIL STORES
Est. value
$790,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$770,000
MEDICAL BUILDING
Est. value
$770,000
WAREHOUSE, STORAGE
Est. value
$515,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1959
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.34 ac
Current owner
From public records · entity-resolved
Boynton Beach Community Redevelopment Agency
Individual
Mailing address
2925 10TH AVE N, PALM SPRINGS, FL 33461-3000
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2026
$7,250,000
Boynton Beach Community Redevelopment Agency
Kmg Holdings LLC
Warranty Deed
—
Oct 15, 2020
$712,500
Kmg Holdings LLC
Zac Realty LLC
Warranty Deed
—
Feb 25, 2017
—
Zac Realty LLC
—
Deed
related
$280,000 · Paradise Bk
Jan 11, 2013
$195,000
Zac Realty LLC
Devincenti,martin
Warranty Deed
—
Nov 30, 2012
$295,000
Martin Devincenti
Financial Boynton Group INC
Warranty Deed
$195,000 · Financial Boynton Group INC
Jul 19, 2004
$950,000
Financial Boynton Group INC
Wood Electrical Const Co INC
Grant Deed
related
$855,000 · Wood Electrical Const Co INC
Apr 2, 1999
$150,000
Wood Electrical Construction
Systems Council U-4 Bldg Corp
Grant Deed
—
—
—
Zac Realty LLC
—
Deed Of Trust
related
$236,000 · Bank Of America
—
—
Zac Realty LLC
—
Deed Of Trust
related
$280,000 · Paradise Bk
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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