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Property profile & analytics
OFF-MARKET
Retail space
507 Federal Hwy Boynton Beach, FL 33435-4122
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US18-5972418
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1950
Construction
CONCRETE
Total area
1,688 SF
Lot
0.15 ac (6,412 SF)
Zoning code
CBD
APN
08-43-45-21-26-004-0090
UPID
US18-5972418
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
-
floexpress services (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
501 N Federal Hwy LLC · 7 yrs held
501 N Federal Hwy LLC
since 2018
7 recorded transactions
Zoning & alternative use
CBD · Boynton 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$8,363
Tax year 2023
Assessed value
$402,490
Assessed 2023
Previous assessed
$379,711
+6.0% YoY
Effective rate
2.08%
On assessed value
Assessed land
$255,759
Assessed improvement
$146,731
Land market value
$255,759
Improvement market value
$146,731
Total market value
$402,490
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1950
Construction
CONCRETE
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
1,688 SF
Lot
0.15 ac (6,412 SF)
Zoning code
CBD
APN
08-43-45-21-26-004-0090
UPID
US18-5972418
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CBD · Boynton Beach, FL
Zoning CBD · permitted uses
CBD · 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.
Building & site characteristics
From public records
Year built
1950
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
501 N Federal Hwy LLC
Entity
Mailing address
2611 LK DR N, BOYNTON BEACH, FL 33435-2416
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 13, 2019
—
501 N Federal Hwy LLC
—
Deed
related
$550,000 · Eliot Gittelmacher
Oct 26, 2018
$100
501 N Federal Hwy LLC
Gisela Sanchez-medina
Grant Deed
$275,000 · Julio Guanche
Oct 26, 2018
$550,000
501 N Federal Hwy LLC
Julio Guanche
Warranty Deed
$275,000 · Julio Guanche
Oct 5, 2018
—
Gisela S Medina
Fbdc LLC
Trustees Deed
related
—
Feb 14, 2018
$450,100
Gisela S Medina
Fbdc LLC Coc
Trustees Deed
—
Jan 18, 2013
$700,000
Fbdc LLC
Ernesto Macnamara Trustee LLC
Warranty Deed
$600,000 · Ernesto Macnamara Trustee LLC
May 30, 2012
—
Ernesto Macnamara Trustee LLC
Hernandez,jorge L
Warranty Deed
related
—
Nov 5, 1997
$150,000
Jorge L Hernandez
B-4
Grant Deed
$150,000 · Security Bank
—
—
501 N Federal Hwy LLC
—
Deed Of Trust
related
$550,000 · Eliot Gittelmacher
—
—
Jorge L Hernandez
—
Deed Of Trust
related
$103,100 · Guanche Julio (te)
—
—
Jorge L Hernandez
—
Deed Of Trust
related
$225,000 · First Union National Bank
—
—
Silvia Hernandez
—
Deed Of Trust
related
$540,000 · Fidelity Federal Bank & Trust
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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