New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,920,000
Hotels
625 Federal Hwy 1, Lake Worth, FL 33460-4952
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-8190574
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1989
Construction
WOOD
Total area
7,162 SF
Lot
0.39 ac (16,875 SF)
Zoning code
MU-FH
APN
38-43-44-27-01-007-0141
UPID
US18-8190574
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
-
Lake Side Lodge Hotel & Motel
-
Scandia Lodge Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.14M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.74M
Blend (final)
Blend
$1.92M
Owner & transaction history
1 Matthew LLC · 5 yrs held
1 Matthew LLC
since 2021
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
MU-FH · Lake Worth, 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 Lake Worth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Worth 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
$2,130,000
ML approach
$2,135,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$3,000,000
Current use
AUTO REPAIR, GARAGE
$2,950,000
Change: -2% · Conversion: Difficult
MEDICAL BUILDING
$2,825,000
Change: -6% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,605,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$1.92M
Range $1.73M – $2.11M · ±10% · vs last sale $1.80M (Feb 9 2021)
Last sale anchor
$1.80M
Feb 9 2021
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
$268 / 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
$29,539
Tax year 2023
Assessed value
$1,317,754
Assessed 2023
Previous assessed
$1,246,979
+5.7% YoY
Effective rate
2.24%
On assessed value
Assessed land
$770,000
Assessed improvement
$547,754
Land market value
$770,000
Improvement market value
$547,754
Total market value
$1,317,754
Applied tax rate
38,457.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1989
Construction
WOOD
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
2
Units
22
Rooms
22
Bathrooms
66
Total area
7,162 SF
Lot
0.39 ac (16,875 SF)
Zoning code
MU-FH
APN
38-43-44-27-01-007-0141
UPID
US18-8190574
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
MU-FH · Lake Worth, FL
Zoning MU-FH · permitted uses
MU-FH · Lake Worth, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake Worth. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$3.0M
AUTO REPAIR, GARAGE
Est. value
$3.0M
MEDICAL BUILDING
Est. value
$2.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.6M
HOTEL/MOTEL Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1989
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
22
Rooms
22
Bathrooms
66
Lot
0.39 ac
Current owner
From public records · entity-resolved
1 Matthew LLC
Entity
Mailing address
11905 SOUTHERN BLVD STE #102, ROYAL PALM BEACH, FL 33411-7662
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2021
—
1 Matthew LLC
Home Style Properties LLC
Quit Claim Deed
related
—
Mar 17, 2020
$1,800,000
Home Style Properties LLC
Fl July Eleven LLC
Warranty Deed
—
Jun 28, 2016
—
Fl July Eleven LLC
—
Deed
related
$735,000 · Marquis Bank
Dec 28, 2012
$720,000
Fl July Eleven LLC
Vineland Holdings LLC
Grant Deed
$360,000 · Rjs/nsw Lake Worth Lenders LLC
May 14, 2010
$565,000
Vineland Holdings LLC
Optimumbank
Warranty Deed
$480,250 · Optimumbank
Aug 18, 2005
$1,925,000
William T Viergever
Wood,garry
Warranty Deed
$1,200,000 · Spectrum Mortgage Group INC
Aug 18, 2004
$1,100,000
Garry Wood
Front Row Rentals INC
Warranty Deed
$825,000 · First Nat'l Bk & Tr Treasure C
Apr 26, 2001
$575,000
Front Row Rentals INC
Scania Lodge INC
Grant Deed
$650,000 · Bank Of Aland Plc
—
—
William T Viergever
—
Deed Of Trust
related
$45,000 · Thomas & Julie Meulendyke
—
—
Fl July Eleven LLC
—
Deed Of Trust
related
$682,500 · International Fin'l Bk
—
—
Front Row Rentals INC
—
Deed Of Trust
related
$270,000 · Elias Rizk
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 625 Federal Hwy, Unit 1?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
