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Property profile & analytics
OFF-MARKET
Estimated value
$15,985,000
Office buildings
7280 Palmetto Park Rd Boca Raton, FL 33433-3422
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US18-8989273
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1989
Construction
STEEL FRAME
Total area
54,566 SF
Lot
7.39 ac (322,039 SF)
Zoning code
CG
APN
00-42-47-28-01-021-0030
UPID
US18-8989273
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
-
Donya Dreibelbis Realtor Real Estate Agency
-
Lumineers Boca Raton Dental Office
-
David Weinstein Realtor Real Estate Agency
-
American Technion Society – South Palm Beach Charitable Organization Social Service Agency
-
Nicole Bouchard Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$15.99M
Owner & transaction history
So-flo Venture LLC · 10 yrs held
So-flo Venture LLC
since 2015
4 recorded transactions
Zoning & alternative use
CG · Boca Raton, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$293 / 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
$509,032
Tax year 2023
Assessed value
$28,384,443
Assessed 2023
Previous assessed
$26,467,108
+7.2% YoY
Effective rate
1.79%
On assessed value
Assessed land
$5,986,724
Assessed improvement
$22,397,719
Land market value
$5,986,724
Improvement market value
$22,397,719
Total market value
$28,384,443
Applied tax rate
164.0000
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
1989
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Buildings
3
Stories
3
Total area
54,566 SF
Lot
7.39 ac (322,039 SF)
Zoning code
CG
APN
00-42-47-28-01-021-0030
UPID
US18-8989273
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CG · Boca Raton, FL
Zoning CG · permitted uses
CG · 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.
Building & site characteristics
From public records
Year built
1989
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
3
Buildings
3
Lot
7.39 ac
Current owner
From public records · entity-resolved
So-flo Venture LLC
Entity
Mailing address
7284 W PALMETTO PARK RD STE 208S, BOCA RATON, FL 33433-3414
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2015
$20,750,000
So-flo Venture LLC
Schever International Plaza LLC
Special Warranty Deed
$13,455,000 · Td Bank NA
Dec 6, 2007
$29,900,000
Schever Intl Plaza LLC
Schever Intl Plaza INC
Grant Deed
—
Dec 6, 2007
—
Schever Intl Plaza INC
Tract 21 Prop Owners Assn INC
Quit Claim Deed
related
—
Nov 2, 2007
—
Schever Intl Plaza INC
Schever Intl Holdings INC
Quit Claim 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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