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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Residential income homes
809 20th St West Palm Beach, FL 33407-5704
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US18-0043562
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1954
Construction
CONCRETE
Total area
1,460 SF
Lot
0.26 ac (11,513 SF)
Zoning code
CP-SF11
APN
74-43-43-16-10-006-0170
UPID
US18-0043562
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
$510k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$510k
Owner & transaction history
Sunny Side In Florida V LLC · 11 yrs held
Sunny Side In Florida V LLC
since 2015
7 recorded transactions
Zoning & alternative use
CP-SF11 · West Palm Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Architectural standards 94-219.o Sign standards Sec. 94-220. - Broadway mixed-use district -- Expanded (BMUD-E) Sec. 94-221. - Reserved. Sec. 94-222. - Coleman Park overlay. Sec. 94-223. - Coleman Park single-family 11 (CP-SF11) development characteristics and sub-district requirements. Sec. 94-224. - Coleman Park multi-family 14 historic context 2 (CP-MF14-…
Zone name
Coleman Park Single Family 11
General category
RESIDENTIAL
Zone area
46.91 ac
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
by Request
ML approach
$510,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
$349 / 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
$18,551
Tax year 2023
Assessed value
$792,903
Assessed 2023
Previous assessed
$792,903
+0.0% YoY
Effective rate
2.34%
On assessed value
Assessed land
$244,800
Assessed improvement
$548,103
Land market value
$244,800
Improvement market value
$548,103
Total market value
$792,903
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1954
Construction
CONCRETE
Heating
FORCED AIR
Cooling
NONE
Buildings
2
Stories
1
Units
4
Bathrooms
16
Total area
1,460 SF
Lot
0.26 ac (11,513 SF)
Zoning code
CP-SF11
APN
74-43-43-16-10-006-0170
UPID
US18-0043562
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CP-SF11 · West Palm Beach, FLZoning CP-SF11 · permitted uses
CP-SF11 · West Palm Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Architectural standards 94-219.o Sign standards Sec. 94-220. - Broadway mixed-use district -- Expanded (BMUD-E) Sec. 94-221. - Reserved. Sec. 94-222. - Coleman Park overlay. Sec. 94-223. - Coleman Park single-family 11 (CP-SF11) development characteristics and sub-district requirements. Sec. 94-224. - Coleman Park multi-family 14 historic context 2 (CP-MF14-C2) development characteristics and sub-district requirements. Sec. 94-225. - Coleman P
Zone name
Coleman Park Single Family 11
General category
RESIDENTIAL
Zone area
46.91 ac
Building & site characteristics
From public records
Year built
1954
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
4
Bathrooms
16
Lot
0.26 ac
Current owner
From public records · entity-resolved
Sunny Side In Florida V LLC
Entity
Mailing address
1907 NE 2ND ST, DEERFIELD BCH, FL 33441-3749
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 19, 2018
—
Sunny Side In Florida V LLC
—
Grant Deed
related
$1,235,000 · Popular Bk
Oct 2, 2017
—
Sunny Side In Florida V LLC
—
Grant Deed
related
$2,192,000 · Ocean Bk
Jun 22, 2017
—
Sunny Side In Florida V LLC
—
Grant Deed
related
$2,192,000 · Ocean Bk
Feb 12, 2015
$900,000
Sunny Side In Florida V LLC
Veterans Housing Of Wpb LLC
Grant Deed
—
Nov 30, 2010
—
Atr Invs West Palm Bch Land Trust
Atr Investments Wpb
Quit Claim Deed
—
Aug 5, 2005
$550,000
Atr Invs-west Palm Bch LLC
Ctc Properties Lc
Warranty Deed
$400,000 · Associated Bank
Dec 10, 1999
$265,000
C T C Properties Lc
Effman,meryl
Grant Deed
—
—
—
Veterans Housing Of Wpb LLC
—
Deed Of Trust
related
$195,000 · Tkb Investment Holdings LLC
—
—
Atr Invs-west Palm Bch LLC
—
Deed Of Trust
related
$731,250 · Interbay Funding 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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