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Property profile & analytics
OFF-MARKET
Estimated value
$82,380,000
Office buildings
5200 Town Ctr Cir Boca Raton, FL 33486-1015
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-1429770
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1986
Construction
STEEL FRAME
Total area
128,626 SF
Lot
2.42 ac (105,537 SF)
Zoning code
CITY CG
APN
06-42-47-23-37-001-0050
UPID
US18-1429770
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
-
Rany Janover - Financial Advisor, Ameriprise Financial Services, LLC Financial Advisor
-
Steve A Livlanich - Financial Advisor, Ameriprise Financial Services, LLC Financial Advisor
-
FINRA Charitable Organization Social Service Agency
-
Hooper Financial Management - Ameriprise Financial Services, LLC Financial Advisor
-
Health and Hormone Clinic in Boca Raton Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$55.95M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$82.38M
Owner & transaction history
Mpf Vanderbilt Boca Property LLC · 4 yrs held
Mpf Vanderbilt Boca Property LLC
since 2022
Last sale
$95.4M
2 recorded transactions
Zoning & alternative use
CITY CG · Boca Raton, 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 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
Method
Estimation
Statistic approach
$86,615,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$60,610,000
6.5%
$55,945,000
7%
$51,950,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$104,315,000
Current use
RESTAURANT
$88,780,000
Change: -15% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$88,180,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$82.38M
Range $74.14M – $90.62M · ±10% · vs last sale $95.40M (Apr 7 2022)
Last sale anchor
$95.40M
Apr 7 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
$640 / 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
$791,718
Tax year 2023
Assessed value
$43,021,152
Assessed 2023
Previous assessed
$50,157,974
-14.2% YoY
Effective rate
1.84%
On assessed value
Assessed land
$4,221,400
Assessed improvement
$38,799,752
Land market value
$4,221,400
Improvement market value
$38,799,752
Total market value
$43,021,152
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1986
Construction
STEEL FRAME
Heating
NONE
Cooling
AC.CHILLED WATER
Buildings
2
Stories
6
Total area
128,626 SF
Lot
2.42 ac (105,537 SF)
Zoning code
CITY CG
APN
06-42-47-23-37-001-0050
UPID
US18-1429770
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CITY CG · Boca Raton, FL
Zoning CITY CG · permitted uses
CITY CG · Boca Raton, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Boca Raton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$104.3M
RESTAURANT
Est. value
$88.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$88.2M
OFFICE BUILDING Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
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
1986
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
6
Buildings
2
Lot
2.42 ac
Current owner
From public records · entity-resolved
Mpf Vanderbilt Boca Property LLC
Entity
Mailing address
125 W 55TH ST, NEW YORK, NY 10019-5369
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 7, 2022
$95,400,000
Mpf Vanderbilt Boca Property LLC
Boca Center At Military LLC
Special Warranty Deed
$150,000,000 · Parlex 18 Finco LLC
Dec 30, 2014
$193,800,000
Boca Center At Military LLC
Wrc Properties LLC
Grant 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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