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Property profile & analytics
FOR LEASE
Office buildings
601 Heritage Dr Jupiter, FL 33458
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US18-2395838
For Lease
1 / 10
$15,300,000
601 Heritage Dr, Jupiter, FL 33458
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2006
Construction
CONCRETE
Total area
46,707 SF
Lot
2.92 ac (127,143 SF)
Zoning code
MXD
APN
30-42-41-24-15-023-0020
UPID
US18-2395838
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
-
RecruitAlliance (Bike/Boat/Book/etc) Store Corporate Office
-
Grey Rhodes Advisors Bank Credit Union
-
Janice L. Miller, MD Physician
-
Maureen Lansat, LMHC Health Counselor
-
Sound Connections Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$20.32M
Comparable Approach
Comparable
$16.21M
Blend (final)
Blend
$15.30M
Owner & transaction history
Flf Heritage LLC · 12 yrs held
Flf Heritage LLC
since 2013
7 recorded transactions
Zoning & alternative use
MXD · Jupiter, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$23.1M
+22.5%
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 Jupiter submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jupiter 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%
$22,010,000
6.5%
$20,315,000
7%
$18,865,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$18,830,000
Current use
AUTO REPAIR, GARAGE
$23,070,000
Change: +23% · Conversion: Difficult
RETAIL STORES
$18,625,000
Change: -1% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$18,450,000
Change: -2% · Conversion: Difficult
MEDICAL BUILDING
$18,410,000
Change: -2% · Conversion: Easy
COMMERCIAL (GENERAL)
$17,850,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$15.30M
Range $13.77M – $16.83M · ±10%
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
$328 / 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
$199,256
Tax year 2023
Assessed value
$9,442,642
Assessed 2023
Previous assessed
$8,821,900
+7.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$2,180,468
Assessed improvement
$7,262,174
Land market value
$2,180,468
Improvement market value
$7,262,174
Total market value
$9,442,642
Applied tax rate
30,571.0000
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
For Lease
Year built
2006
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
2
Total area
46,707 SF
Lot
2.92 ac (127,143 SF)
Zoning code
MXD
APN
30-42-41-24-15-023-0020
UPID
US18-2395838
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
MXD · Jupiter, FL
Zoning MXD · permitted uses
MXD · Jupiter, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jupiter. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$18.8M
AUTO REPAIR, GARAGE
Est. value
$23.1M
RETAIL STORES
Est. value
$18.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$18.5M
MEDICAL BUILDING
Est. value
$18.4M
COMMERCIAL (GENERAL)
Est. value
$17.9M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
2006
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Lot
2.92 ac
Current owner
From public records · entity-resolved
Flf Heritage LLC
Entity
Mailing address
601 HERITAGE DR #227, JUPITER, FL 33458-2777
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
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
May 8, 2019
—
Flf Heritace LLC
—
Deed
related
$2,400,000 · Mb Financial Bank NA
Oct 10, 2013
—
Flf Heritage LLC
—
Trustees Deed
related
$2,000,000 · Stonegate Bk
Sep 23, 2013
$121,900
Flf Heritage LLC
Jupiter Partners Lllp Coc
Trustees Deed
related
—
May 1, 2006
—
Partners Lllp Jupiter
—
Trustees Deed
related
$800,000 · Bank Of Florida NA
Jun 24, 2003
$1,017,600
Partners Lllp Jupiter
Workplace Florida Ltd
Grant Deed
—
—
—
Flf Heritage LLC
—
Loan Modification
related
$1,999,999 · Stonegate Bk
—
—
Partners Lllp Jupiter
—
Deed Of Trust
related
$1,600,000 · Lipson Arthur E (te)
—
—
Partners Lllp Jupiter
—
Deed Of Trust
related
$1,750,000 · Lipson Arthur E (te)
—
—
Partners Lllp Jupiter
—
Deed Of Trust
related
$5,350,000 · Bank Of Florida NA
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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