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Property profile & analytics
OFF-MARKET
Estimated value
$3,765,000
Medical Office Space
7001 Federal Hwy Boca Raton, FL 33487-1612
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US19-0876077
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1987
Construction
CONCRETE
Total area
5,511 SF
Lot
1.32 ac (57,486 SF)
Zoning code
R-B-1/B4
APN
06-43-46-32-12-006-0080
UPID
US19-0876077
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
-
Ana Csere Skin Care Spa & Massage Center Skin Care Clinic
-
Beverly Hills Rejuvenation Center Boca Raton Spa & Massage Center Alternative Medicine Practice
-
LIO nail studio Nail Salon
-
Yana von beauty salon Hair Salon Nail Salon
-
The Luna Lounge Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.82M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.37M
Blend (final)
Blend
$3.77M
Owner & transaction history
Irish Properties Of North Boca LLC · 4 yrs held
Irish Properties Of North Boca LLC
since 2022
Last sale
$4.0M
5 recorded transactions
Zoning & alternative use
R-B-1/B4 · Boca Raton, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.8M
+75.1%
Apartment house (5+ units)
$3.8M
+73.9%
Auto repair, garage
$2.7M
+25.3%
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 Boca Raton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boca Raton 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
$3,630,000
ML approach
$3,815,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$3,805,000
Change: +75% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,780,000
Change: +74% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,720,000
Change: +25% · Conversion: Difficult
Blend value · Realmo final
$3.77M
Range $3.39M – $4.14M · ±10% · vs last sale $4.00M (Jul 6 2022)
Last sale anchor
$4.00M
Jul 6 2022
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
$683 / 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
$56,885
Tax year 2023
Assessed value
$3,124,432
Assessed 2023
Previous assessed
$2,609,609
+19.7% YoY
Effective rate
1.82%
On assessed value
Assessed land
$1,724,520
Assessed improvement
$1,399,912
Land market value
$1,724,520
Improvement market value
$1,399,912
Total market value
$3,124,432
Applied tax rate
6,154.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1987
Construction
CONCRETE
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
5,511 SF
Lot
1.32 ac (57,486 SF)
Zoning code
R-B-1/B4
APN
06-43-46-32-12-006-0080
UPID
US19-0876077
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
R-B-1/B4 · Boca Raton, FL
Zoning R-B-1/B4 · permitted uses
R-B-1/B4 · Boca Raton, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Boca Raton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$3.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.8M
AUTO REPAIR, GARAGE
Est. value
$2.7M
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
1987
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.32 ac
Current owner
From public records · entity-resolved
Irish Properties Of North Boca LLC
Entity
Mailing address
105 E PALMETTO PARK RD, BOCA RATON, FL 33432-4801
Ownership since
2022
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
Jul 6, 2022
$4,000,000
Irish Properties Of North Boca LLC
Dallas Boca Real Estate LLC
Warranty Deed
$3,000,000 · Us Century Bank
Oct 30, 2018
$3,000,000
Dallas Boca Real Estate LLC
Bmy Holiding LLC
Warranty Deed
$3,150,500 · Jpmorgan Chase Bank NA
Jul 13, 2016
—
Bmy Holdings LLC
—
Deed
related
$2,275,000 · Suntrust Bank
Sep 20, 2007
$2,350,000
Bmy Holdings LLC
Ebanks Interests INC
Warranty Deed
$1,645,000 · Bank Of America
—
—
Bmy Holdings LLC
—
Deed Of Trust
related
$2,000,000 · Private Individual
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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