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Property profile & analytics
OFF-MARKET
Retail space
706 8th St West Palm Beach, FL 33401-3606
Entity Owned
3-yr Hold
Free & Clear
Property ID
US18-4644266
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1935
Construction
WOOD
Total area
3,944 SF
Lot
0.29 ac (12,541 SF)
Zoning code
NWD-R-C1
APN
74-43-43-16-01-002-0010
UPID
US18-4644266
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Rosemary 1 Wpb LLC · 3 yrs held
Rosemary 1 Wpb LLC
since 2022
Last sale
$14.5M
7 recorded transactions
Zoning & alternative use
NWD-R-C1 · West Palm Beach, 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 West Palm Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Palm 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,215
Tax year 2023
Assessed value
$190,000
Assessed 2023
Previous assessed
$175,000
+8.6% YoY
Effective rate
2.74%
On assessed value
Assessed improvement
$190,000
Improvement market value
$190,000
Total market value
$190,000
Applied tax rate
74,407.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1935
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Buildings
2
Stories
1
Bathrooms
2
Total area
3,944 SF
Lot
0.29 ac (12,541 SF)
Zoning code
NWD-R-C1
APN
74-43-43-16-01-002-0010
UPID
US18-4644266
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
NWD-R-C1 · West Palm Beach, FL
Zoning NWD-R-C1 · permitted uses
NWD-R-C1 · West Palm Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Palm Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1935
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
2
Lot
0.29 ac
Current owner
From public records · entity-resolved
Rosemary 1 Wpb LLC
Entity
Free & Clear · 3 yrs held
Mailing address
251 LITTLE FLS DR, WILMINGTON, DE 19808-1674
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
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 21, 2022
$14,500,000
Rosemary 1 Wpb LLC
Linga LLC
Special Warranty Deed
—
Apr 7, 2022
—
Linga LLC
Glozal Village LLC
Warranty Deed
—
Apr 6, 2022
—
Linga LLC
Glozal Village LLC
Warranty Deed
—
Dec 20, 2021
$9,300,000
Linga LLC
Glozal Village LLC
Warranty Deed
—
Mar 1, 2021
—
Glozal Village LLC
—
Deed
related
$1,000,000 · Popular Bank
Mar 29, 2017
—
Glozal Village LLC
—
Grant Deed
related
$6,800,000 · Legacy Bk/fl
Oct 18, 2016
—
Glozal Village LLC
—
Deed
related
$200,000 · Harvey M Bloch
May 31, 2016
—
Pbl 300 LLC
—
Deed
related
$110,000 · 300 Pbl Lenders LLC
Nov 25, 2015
$3,000,000
Glozal Village LLC
Rosemary Housing LP
Grant Deed
—
Mar 6, 1998
—
Rosemary Housing LLC
Tab Development INC
Grant Deed
$37,000 · Seller
Jan 2, 1997
$50,000
Tabernacle Missionary Baptist
Alice W Vickers Estate
Trustees Deed
$10,000 · Seller
Jan 2, 1997
$100
Tabernacle Missionary Baptist
Vickers,carle W
Quit Claim Deed
related
—
—
—
809 6th Street LLC
—
Deed Of Trust
related
$125,000 · Bonnie Finkel
—
—
Pbl 300 LLC
—
Deed Of Trust
related
$110,000 · 300 Pbl Lenders LLC
—
—
Pbl 300 LLC
—
Deed Of Trust
related
$126,000 · Lupowitz Sophie Trust (pt)
—
—
Glozal Village LLC
—
Deed Of Trust
related
$300,000 · Miscellaneous Govt Agcy
—
—
Glozal Village LLC
—
Deed Of Trust
related
$200,000 · Harvey M Bloch
—
—
Glozal Village LLC
—
Loan Modification
related
$1,587,664 · Miscellaneous Govt Agcy
—
—
Glozal Village LLC
—
Deed Of Trust
related
$500,000 · Private Individual
—
—
Glozal Village LLC
—
Loan Modification
related
$2,000,000 · Rosemary Village Lenders LLC
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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