Entity Owned Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1962
Construction
CONCRETE
Total area
7,974 SF
Lot
0.46 ac (20,251 SF)
Zoning code
RMM
APN
46-43-45-22-09-000-0751
UPID
US18-1188821
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Hotel & Motel
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.83M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.63M
Blend (final)
Blend
$5.76M
Owner & transaction history
since 2022
Last sale
$6.0M
7 recorded transactions
Zoning & alternative use
RMM · Ocean Ridge, FL
Zoning description
The purpose of the RMM district is intended to include land developed or found by the comprehensive plan to be suitable for single family attached, semidetached, detached and duplex residences and other multifamily resid…
General category
RESIDENTIAL
Top alternative use upside
Restaurant
$5.5M
+64.8%
Apartment house (5+ units)
$5.5M
+63.6%
Auto repair, garage
$3.9M
+17.9%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$5.76M
Value range
$5.18M – $6.33M
±10% around blend
Estimated value / SF
$722 / SF
Confidence
Property data
100
Market benchmarks
33
Comparable evidence
60
$5.18M
blend $5.76M
$6.33M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
7,974 SF
Lot area
0.46 ac
Year built
1962
Stories
2
APN
46-43-45-22-09-000-0751
Zoning
RMM
Assessed value
$4,679,236
Annual tax
$87,772
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$4.63M
Range $1.92M – $4.63M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$5.76M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 38 sales
$419
+72%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $722/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+65%
vs current-use indication
Apartment House (5+ Units)
Auto Repair, Garage
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$6.00M
Move the market yield to see immediate price impact.
Value / SF
$752
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$378k
$7.56M
$5.40M
$4.20M
$420k
$8.40M
$6.00M
$4.67M
$462k
$9.24M
$6.60M
$5.13M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$87,772
Tax year 2023
Assessed value
$4,679,236
Assessed 2023
Previous assessed
$2,039,186
+129.5% YoY
Effective rate
1.88%
On assessed value
Assessed land
$3,400,000
Assessed improvement
$1,279,236
Land market value
$3,400,000
Improvement market value
$1,279,236
Total market value
$4,679,236
Applied tax rate
46,984.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1962
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
2
Units
3
Rooms
13
Bathrooms
1
Total area
7,974 SF
Lot
0.46 ac (20,251 SF)
Zoning code
RMM
APN
46-43-45-22-09-000-0751
UPID
US18-1188821
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
RMM · Ocean Ridge, FLZoning RMM · permitted uses
RMM · Ocean Ridge, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The purpose of the RMM district is intended to include land developed or found by the comprehensive plan to be suitable for single family attached, semidetached, detached and duplex residences and other multifamily resid…
General category
RESIDENTIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1962
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Buildings
2
Units
3
Rooms
13
Bathrooms
1
Lot
0.46 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
RMM
RESIDENTIAL
Jurisdiction
Ocean Ridge, FL
Recorded code
RMM
Official district
RMM
Official district profile
What the municipal code says about RMM
Zoning description
The purpose of the RMM district is intended to include land developed or found by the comprehensive plan to be suitable for single family attached, semidetached, detached and duplex residences and other multifamily resid…
General category
RESIDENTIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RMM in Ocean Ridge, FL.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Cited sourceThe exact document the profile quotes
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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