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Property profile & analytics
OFF-MARKET
Estimated value
$740,000
Turn key restaurants
610 Dixie Hwy, Lantana, FL 33462-4607
Entity Owned
~
Est. High Equity
Property ID
US18-3762138
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1960
Construction
WOOD
Total area
3,900 SF
Lot
0.61 ac (26,376 SF)
Zoning code
C1
APN
40-43-45-03-09-000-0260
UPID
US18-3762138
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$631k
Blend (final)
Blend
$740k
Owner & transaction history
Shield Investment Group INC
Shield Investment Group INC
since 2025
Last sale
$940,000
7 recorded transactions
Zoning & alternative use
C1 · Lantana, 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 Lantana submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lantana 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$740k
Range $666k – $814k · ±10% · vs last sale $940k (Jul 1 2025)
Last sale anchor
$940k
Jul 1 2025
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
$190 / 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
$27,951
Tax year 2023
Assessed value
$1,163,522
Assessed 2023
Previous assessed
$1,090,531
+6.7% YoY
Effective rate
2.40%
On assessed value
Assessed land
$440,990
Assessed improvement
$722,532
Land market value
$440,990
Improvement market value
$722,532
Total market value
$1,163,522
Applied tax rate
40,534.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1960
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Buildings
3
Stories
1
Units
4
Rooms
4
Bathrooms
11
Total area
3,900 SF
Lot
0.61 ac (26,376 SF)
Zoning code
C1
APN
40-43-45-03-09-000-0260
UPID
US18-3762138
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
C1 · Lantana, FL
Zoning C1 · permitted uses
C1 · Lantana, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lantana. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Units
4
Rooms
4
Bathrooms
11
Lot
0.61 ac
Current owner
From public records · entity-resolved
Shield Investment Group INC
Entity
Mailing address
20080 BOCA W DR APT #437, BOCA RATON, FL 33434-5218
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2025
$940,000
Shield Investment Group INC
610 Dixie LLC
Warranty Deed
—
Jul 29, 2022
—
610 Dixie LLC
—
Deed
related
$1,030,000 · Amerant Bank NA
Feb 18, 2022
$1,400,000
610 Dixie LLC
Mnz Property Group LLC
Warranty Deed
$910,000 · B&b Capital Group 26 LLC
Aug 19, 2020
—
640 Dixie Highway LLC
—
Deed
related
$842,000 · Optimumbank
Apr 3, 2019
—
640 Dixie Highway LLC
—
Deed
related
$75,000 · Jroc Ents INC
Jan 30, 2019
—
640 Dixie Highway LLC
—
Deed
related
$825,000 · Panagiotis Christakis
Jul 18, 2018
—
640 Dixie Highway LLC
—
Deed
related
$691,500 · Panagiotis Christakis
Apr 24, 2018
$395,000
Mnz Property Group LLC
Pproperties Of Palm Beaches LLC
Warranty Deed
$424,000 · City National Bank Of Florida
Feb 1, 2017
—
640 Dixie Highway LLC
—
Deed
related
$825,000 · Panagiotis Christakis
Dec 19, 2016
$726,205
640 Dixie Highway LLC
Beacon Acquisition Group LLC
Quit Claim Deed
related
—
Dec 19, 2016
—
640 Dixie Highway LLC
—
Deed
related
$825,000 · Panagiotis Christakis
Jul 22, 2016
—
Mike Mondelli
—
Deed
related
$140,000 · Pb Sun Investments LLC
Jul 10, 2015
$959,500
Beacon Acquisition Group LLC
Christakis,panagiotis
Warranty Deed
$825,000 · Panagiotis Christakis
—
—
640 Dixie Highway LLC
—
Deed Of Trust
related
$75,000 · Jroc Ents INC
—
—
640 Dixie Highway LLC
—
Loan Modification
related
$825,000 · Panagiotis Christakis
—
—
Mike Mondelli
—
Deed Of Trust
related
$140,000 · Pb Sun Investments LLC
—
—
640 Dixie Highway LLC
—
Loan Modification
related
$825,000 · Panagiotis Christakis
—
—
640 Dixie Highway LLC
—
Loan Modification
related
$825,000 · Panagiotis Christakis
—
—
640 Dixie Highway LLC
—
Loan Modification
related
$691,500 · Panagiotis Christakis
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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