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Property profile & analytics
OFF-MARKET
Estimated value
$4,735,000
High-rise multifamily apartments
44 14th St Boca Raton, FL 33432-7393
Entity Owned
26-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-6201962
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
1967
Construction
CONCRETE
Total area
29,184 SF
Lot
0.79 ac (34,260 SF)
Zoning code
R-4
APN
06-43-47-28-03-067-0021
UPID
US18-6201962
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
-
Casa Dione Apartment Building
-
Aqua Boat Detail (Bike/Boat/Book/etc) Store
-
Ritmo mobile detailing Car Wash
-
Boca Palms Condominium Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.74M
Owner & transaction history
Lplace Properties Ltd · 26 yrs held
Lplace Properties Ltd
since 1999
3 recorded transactions
Zoning & alternative use
R-4 · Boca Raton, FL
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 Boca Raton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boca Raton 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$162 / 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
$94,393
Tax year 2023
Assessed value
$5,368,885
Assessed 2023
Previous assessed
$4,615,737
+16.3% YoY
Effective rate
1.76%
On assessed value
Assessed land
$1,851,500
Assessed improvement
$3,517,385
Land market value
$1,851,500
Improvement market value
$3,517,385
Total market value
$5,368,885
Applied tax rate
6,154.0000
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
1967
Construction
CONCRETE
Heating
FORCED AIR
Cooling
CENTRAL
Stories
4
Units
35
Rooms
35
Bathrooms
11
Total area
29,184 SF
Lot
0.79 ac (34,260 SF)
Zoning code
R-4
APN
06-43-47-28-03-067-0021
UPID
US18-6201962
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
R-4 · Boca Raton, FLZoning R-4 · permitted uses
R-4 · Boca Raton, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Year built
1967
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
4
Units
35
Rooms
35
Bathrooms
11
Lot
0.79 ac
Current owner
From public records · entity-resolved
Lplace Properties Ltd
Entity
Free & Clear · 26 yrs held
Mailing address
5157 NW 57TH TER, CORAL SPRINGS, FL 33067-4020
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1999
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 14, 1999
$1,660,000
Lplace Properties Ltd
Boca Palms Ltd
Grant Deed
—
—
—
Boca Palms Partners
—
Deed Of Trust
related
$4,830 · A-1 Paradise Plumbing INC
—
—
Boca Palms Ltd
—
Deed Of Trust
related
$1,215,000 · Unibank For Savings
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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