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Property profile & analytics
OFF-MARKET
Estimated value
$5,545,000
Showrooms
6677 42nd N Ter Riviera Beach, FL 33407-1200
Individually Owned
1-yr Hold
Free & Clear
Property ID
US18-2748586
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1997
Construction
STEEL FRAME
Total area
11,670 SF
Lot
2.63 ac (114,476 SF)
Zoning code
IG
APN
56-42-42-36-32-000-0000
UPID
US18-2748586
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
$4.91M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.55M
Owner & transaction history
6677 42nd Ter N Riviera Beach Fl Ll · 1 yrs held
6677 42nd Ter N Riviera Beach Fl Ll
since 2025
Last sale
$6.1M
5 recorded transactions
Zoning & alternative use
IG · Riviera Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$8.9M
+78.9%
Apartment house (5+ units)
$7.0M
+39.3%
Medical building
$6.3M
+26.6%
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 Riviera Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riviera Beach 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
$5,095,000
ML approach
$4,910,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,990,000
Current use
RESTAURANT
$8,925,000
Change: +79% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$6,950,000
Change: +39% · Conversion: Moderate
MEDICAL BUILDING
$6,315,000
Change: +27% · Conversion: Easy
AUTO REPAIR, GARAGE
$6,005,000
Change: +20% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$4,870,000
Change: -2% · Conversion: Moderate
RETAIL STORES
$4,840,000
Change: -3% · Conversion: Easy
WAREHOUSE, STORAGE
$4,475,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$5.55M
Range $4.99M – $6.10M · ±10% · vs last sale $6.08M (Mar 21 2025)
Last sale anchor
$6.08M
Mar 21 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
$475 / 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
$68,999
Tax year 2023
Assessed value
$3,218,016
Assessed 2023
Previous assessed
$2,802,518
+14.8% YoY
Effective rate
2.14%
On assessed value
Assessed land
$1,179,082
Assessed improvement
$2,038,934
Land market value
$1,179,082
Improvement market value
$2,038,934
Total market value
$3,218,016
Applied tax rate
56,407.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1997
Construction
STEEL FRAME
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
11,670 SF
Lot
2.63 ac (114,476 SF)
Zoning code
IG
APN
56-42-42-36-32-000-0000
UPID
US18-2748586
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
IG · Riviera Beach, FL
Zoning IG · permitted uses
IG · Riviera Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Riviera Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$5.0M
RESTAURANT
Est. value
$8.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.0M
MEDICAL BUILDING
Est. value
$6.3M
AUTO REPAIR, GARAGE
Est. value
$6.0M
INDUSTRIAL (GENERAL)
Est. value
$4.9M
RETAIL STORES
Est. value
$4.8M
WAREHOUSE, STORAGE
Est. value
$4.5M
COMMERCIAL (GENERAL) Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
RETAIL STORES
WAREHOUSE, STORAGE
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
1997
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
2.63 ac
Current owner
From public records · entity-resolved
6677 42nd Ter N Riviera Beach Fl Ll
Individual
Free & Clear · 1 yrs held
Mailing address
2760 S OCEAN BLVD, PALM BEACH, FL 33480-5536
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2025
—
4249 Westroads Dr Riviera Beach Fl
—
Deed
related
$60,000,000 · Connectone Bank
Mar 21, 2025
$6,084,095
6677 42nd Ter N Riviera Beach Fl Ll
Palm Tree Industrial LLC
Special Warranty Deed
—
Jul 7, 2017
$2,740,827
Palm Tree Industrial LLC
Sl 6677-6687 42nd Terrace LLC
Grant Deed
—
Nov 3, 2016
—
Sl 6677 6687 42nd Terrace LLC
Angelika Bovi
Personal Representative Deed
—
Nov 3, 2016
$1,898,600
Sl 6677-6687 42nd Terrace LLC
Land Trust 1013
Grant Deed
related
—
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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