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Property profile & analytics
OFF-MARKET
Estimated value
$2,490,000
Retail space
800 Sapodilla Ave West Palm Beach, FL 33401-3640
Entity Owned
~
Est. High Equity
Property ID
US18-7607856
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1929
Construction
CONCRETE
Total area
2,560 SF
Lot
0.43 ac (18,783 SF)
Zoning code
NWD-R-C1
APN
74-43-43-16-01-001-0070
UPID
US18-7607856
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
$2.52M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.42M
Blend (final)
Blend
$2.49M
Owner & transaction history
Claphael Place LLC
Claphael Place LLC
since 2026
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
Method
Estimation
Statistic approach
$2,540,000
ML approach
$2,520,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.49M
Range $2.24M – $2.74M · ±10%
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
$973 / 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
$23,609
Tax year 2023
Assessed value
$1,057,923
Assessed 2023
Previous assessed
$925,587
+14.3% YoY
Effective rate
2.23%
On assessed value
Assessed land
$189,600
Assessed improvement
$868,323
Land market value
$189,600
Improvement market value
$868,323
Total market value
$1,057,923
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
1929
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
4
Stories
2
Units
2
Bathrooms
4
Total area
2,560 SF
Lot
0.43 ac (18,783 SF)
Zoning code
NWD-R-C1
APN
74-43-43-16-01-001-0070
UPID
US18-7607856
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
1929
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Buildings
4
Units
2
Bathrooms
4
Lot
0.43 ac
Current owner
From public records · entity-resolved
Claphael Place LLC
Entity
Mailing address
1755 HARBORSIDE CIR, WELLINGTON, FL 33414-8034
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2026
—
Claphael Place LLC
Wesecondchance LLC
Warranty Deed
$1,470,000 · Velocity Commercial Capital LLC
Oct 31, 2020
$1,560,000
Wesecondchance LLC
Rinconone LLC
Warranty Deed
—
May 30, 2017
$900,000
Rinconone LLC
Palm Beach Lakes Holdings LLC
Warranty Deed
—
May 21, 2014
—
Palm Beach Lakes Holdings LLC
Pb Group LLC
Warranty Deed
—
Feb 13, 2012
$123,330
Pb Group LLC
Darden Holdings INC
Grant Deed
—
Oct 29, 2009
—
Darden Holdings INC
Darden,dwayne D
Quit Claim Deed
related
—
Mar 17, 2006
—
Dwyane D Darden
Owner,record
Quit Claim Deed
related
—
Nov 17, 2004
—
William B Darden JR.
Darden,dwayne D
Quit Claim Deed
related
—
Mar 26, 2002
—
Darden Holdings INC
Darden,dwayne D & William B
Quit Claim Deed
related
—
—
—
Pb Group LLC
—
Deed Of Trust
related
$60,000 · Orange Media Group LLC
—
—
Pb Group LLC
—
Deed Of Trust
related
$125,000 · Orange Media Group LLC
—
—
Dwayne D Darden
—
Deed Of Trust
related
$371,000 · Greenpoint Mortgage Funding
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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