Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    525 77th St Boca Raton, FL 33487-1331
    Back to Search
    Property profile & analytics

    525 77th St, Boca Raton, FL 33487-1331

    View on Map
    • Hotels
    • 28,206 SF
    • 4.26 lot acres
    Off-Market
    Last Sale May 21, 2025
    $15,000,000
    Property ID
    US18-0914757
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $15,685,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • 525 NW 77th Street Parking / Parking Lot & Garage
    • Residence Inn Boca Raton / Hotel & Motel

    Property Details for 525 77th St

    Year built
    1988
    Construction
    WOOD
    Lot size
    4.26 lot acres
    Zone code
    M-3/PID
    Property type
    Hotels
    Property subtype
    Motels
    APN
    06-43-46-31-01-001-0020
    APU
    6434631010010020

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 21, 2025 $15,000,000 Fsv Boca LLC Waterstone Ftll Hotel LLC Special Warranty Deed —
    May 6, 2020 $14,250,000 Waterstone Ftll Hotel LLC Newton Hotels Prop Owner L Bre Correction Deed —
    Feb 7, 2020 $14,250,000 Waterstone Ftll Hotel LLC Newton Hotels Prop Owner L Bre Grant Deed $10.4M · Keybank USA
    Jul 20, 2017 — Bre Newton Hotels Property Owner Ll — Deed · related $288k · Morgan Stanley Bank NA
    Aug 18, 2014 $12,000,000 Bre Newton Hotels Prop Owner L Les Res Boca Raton LLC Grant Deed $570M · German Am Cap
    Sep 18, 2012 — Les Res Boca Raton LLC — Deed Of Trust · related $335M · Bank Of America
    Jul 6, 2007 — Les Res Boca Raton LLC Res Inn II LP Special Warranty Deed $567.7M · Wachovia Bank NA
    Jul 27, 2001 $27,300 Palm Beach County (fl) Marriott Residence INC II Grant Deed · related —
    — — Marriott Residence Inn II — Deed Of Trust · related $3.8M · Wachovia Bank NA

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $16,370,000
      ML approach
      $10,675,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $16,372,000
      Market price range: $6.79M - $16.4M

    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $11,815,000
      Current use
      RESTAURANT
      $19,470,000
      Change: +65% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $19,335,000
      Change: +64% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $13,930,000
      Change: +18% Conversion: Difficult
      RETAIL STORES
      $11,245,000
      Change: -5% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $11,145,000
      Change: -6% Conversion: Difficult
      MEDICAL BUILDING
      $11,115,000
      Change: -6% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Boca Raton
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0921
    Latitude
    26.4202
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $243,204
    $3,336,000
    $8,731,372
    $12,067,372
    -
    $3,336,000
    $8,731,372
    $12,067,372

    Comparable in this City

    • Value Estimation
      $9,265,000
      20,856 SF

      501 77th St100a

      HOTEL/MOTEL
      501 77th St100a, Boca Raton, FL 33487-1331
      View Details
    • Value Estimation
      $5,525,000
      12,347 SF

      2809 Ocean Blvd

      HOTEL/MOTEL
      2809 Ocean Blvd, Highland Beach, FL 33487-1829
      View Details
    • Value Estimation
      $28,285,000
      77,708 SF

      8201 Congress Ave

      HOTEL
      8201 Congress Ave, Boca Raton, FL 33487-1337
      View Details
    • Value Estimation
      $14,210,000
      83,697 SF

      701 53rd St

      HOTEL
      701 53rd St, Boca Raton, FL 33487-8216
      View Details
    • Value Estimation
      $9,245,000
      21,024 SF

      2809 Ocean Blvd

      HOTEL
      2809 Ocean Blvd, Highland Beach, FL 33487-1829
      View Details
    • Value Estimation
      $23,305,000
      82,140 SF

      5130 8th Ave

      HOTEL
      5130 8th Ave, Boca Raton, FL 33487-8238
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      19 SF

      phesent walk

      high
      17761 Woodview Ter, Boca Raton, FL 33487
      View Details
    • $350,000

      Oceanfront Coop in Highland Beach

      Charming 1-bedroom coop with ocean views and beach access.
      2711 S Ocean 0020 Blvd, Highland Beach, FL 33487
      View Details
    • $1,495,000
      4,326 SF

      Boca Raton Duplex Investment Opportunity

      Remodeled duplex near Intracoastal with income potential.
      620 Hastings St, Boca Raton, FL 33487
      View Details
    • Contact for pricing

      North Boca Raton Office Building

      Well-maintained office building in North Boca Raton with multiple spaces.
      6400-6420 Congress Ave, Boca Raton, FL 33487
      View Details
    • Contact for pricing
      85,610 SF

      Boca Raton Office Space Available

      Office space for rent near shopping, dining, and transportation.
      951 Broken Sound Pkwy NW, Boca Raton, FL 33487
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Boca Raton Office Spaces Available

      Office spaces for rent in Boca Raton, Florida.
      6600 Congress Ave, Boca Raton, FL 33487
      View Details
    • Contact for pricing
      115,986 SF

      Class A Office Building

      Premier office building in Boca Raton's live-work-play destination.
      900 Broken Sound Pkwy Northwest, Boca Raton, FL 33487
      View Details
    • Contact for pricing

      Class A Office Building For Lease

      Highly improved, free-standing Class A office building in Boca Raton.
      5401 Broken Sound Blvd Northwest, Boca Raton, FL 33487
      View Details
    • Contact for pricing
      10,412 SF

      Renovated Office Space Available

      Class A office space with recent renovations and convenient location.
      5901 Broken Sound Pkwy Northwest, Boca Raton, FL 33487
      View Details
    • Contact for pricing
      2,450 SF

      Furnished Office Space Available

      Furnished office suite with 27 cubicles for rent.
      7800 Congress Ave, Boca Raton, FL 33487
      View Details
    • Contact for pricing
      7,889 SF

      Boca Raton Sublease Opportunity

      Below market priced, fully-wired tech space with flexible lease terms.
      621 NW 53Rd St, Boca Raton, FL 33487
      View Details

    Property Visit Statistics

    • Visits by month
      10.1k
    • Visitors by month
      2.6k
    • Avg Time on site
      466 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    525 77th St
    Boca Raton, FL 33487-1331
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    525 77th St, Boca Raton, FL, 33487
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!