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Property profile & analytics
OFF-MARKET
Estimated value
$815,000
Office buildings
702 Dixie Hwy Lantana, FL 33462-4608
Individually Owned
3-yr Hold
Free & Clear
Property ID
US18-1104827
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2013
Construction
CONCRETE
Total area
2,272 SF
Lot
0.19 ac (8,368 SF)
Zoning code
C1
APN
40-43-45-03-09-000-0560
UPID
US18-1104827
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
$835k
CAP Approach
CAP
$990k
Comparable Approach
Comparable
$773k
Blend (final)
Blend
$815k
Owner & transaction history
Sunshine Bng South Dixie Highway Pr · 3 yrs held
Sunshine Bng South Dixie Highway Pr
since 2022
Last sale
$725,000
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
$855,000
ML approach
$835,000
CAP Approach
CAP Return
Estimation
6%
$1,070,000
6.5%
$990,000
7%
$920,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,000,000
Current use
AUTO REPAIR, GARAGE
$935,000
Change: -7% · Conversion: Difficult
MEDICAL BUILDING
$895,000
Change: -11% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$825,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$815k
Range $734k – $897k · ±10% · vs last sale $725k (Oct 20 2021)
Last sale anchor
$725k
Oct 20 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
$359 / 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
$15,469
Tax year 2023
Assessed value
$770,907
Assessed 2023
Previous assessed
$691,361
+11.5% YoY
Effective rate
2.01%
On assessed value
Assessed land
$182,968
Assessed improvement
$587,939
Land market value
$182,968
Improvement market value
$587,939
Total market value
$770,907
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
2013
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
2,272 SF
Lot
0.19 ac (8,368 SF)
Zoning code
C1
APN
40-43-45-03-09-000-0560
UPID
US18-1104827
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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$935,000
MEDICAL BUILDING
Est. value
$895,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$825,000
OFFICE BUILDING 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
2013
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Sunshine Bng South Dixie Highway Pr
Individual
Free & Clear · 3 yrs held
Mailing address
702 S DIXIE HWY, LANTANA, FL 33462-4608
Mailing matches property
Yes
Owner-occupied
Yes
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 29, 2025
—
Sunshine Bng South Dixie Highway Pr
—
Deed
related
$9,143 · Jpmorgan Chase Bank NA
Nov 29, 2022
—
Sunshine Bng South Dixie Highway Pr
Nick Guillaume Byrnes
Deed
related
—
May 6, 2022
—
702 S Dixie Hwy LLC
—
Deed
related
$543,750 · Anchor Bank
Dec 15, 2021
$175,000
Nick Guillaume Byrnes
Jc Radio Group INC
Warranty Deed
—
Oct 20, 2021
$725,000
702 S Dixie Hwy LLC
Opharma Holdings INC
Warranty Deed
—
Sep 13, 2019
$750,000
Opharma Holdings INC
D & M Services INC
Warranty Deed
$525,000 · Asset Point Capital LLC
Apr 6, 2018
—
Radio Vision Media INC
—
Deed
related
$97,000 · Seacoast National Bank
Jan 25, 2013
$155,000
Radio Vision Media INC
Dossous,jean M & Marie A
Warranty Deed
$116,000 · Bank United
Nov 4, 2010
$142,500
D & M Services INC
Brown Curtis A & B R Trust
Grant Deed
—
Mar 15, 2004
$290,000
Brown,tr
Mauro,anthony J
Grant Deed
—
May 10, 2002
$150,000
Anthony Mauro
Richards,ann M
Grant Deed
—
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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