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Property profile & analytics
FOR SALE
Retail space
888 E Coast Ave Lantana, FL 33462
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-1803616
For Sale
1 / 11
$569,000
888 E Coast Ave, Lantana, FL 33462
View Listing →
Property summary
AI-generated overview
This exceptional 1,202 square-foot free-standing retail building is ideally situated in East Lantana, Florida, at 888 E Coast Avenue, zip code 33462. Its prominent location along US1 ensures high visibility and accessibility for customers. The property is zoned C1, and its APN is 40434503150130010. The single-tenant building offers a unique opportunity for a business seeking a high-traffic location. Its proximity to both national and local businesses creates a synergistic environment, attracting a diverse customer base. The property's size is perfectly suited for a variety of retail uses, offering ample space for operations and potential expansion. The lot size is not specified. This is a single-suite building, providing a self-contained and manageable space for a tenant. Given its location and characteristics, this property presents a compelling investment opportunity for those seeking a strong foothold in the vibrant Lantana market. Please note that the tenant should not be disturbed.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1977
Construction
WOOD
Total area
1,202 SF
Lot
0.17 ac (7,510 SF)
Zoning code
C1
APN
40-43-45-03-15-013-0010
UPID
US18-1803616
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
$525k
Owner & transaction history
L Deluxe Properties LLC · 3 yrs held
L Deluxe Properties LLC
since 2023
Last sale
$550,000
7 recorded transactions
Zoning & alternative use
C1 · Lantana, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$530,000
+42.3%
Auto repair, garage
$495,000
+32.9%
Medical building
$475,000
+27.2%
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
$490,000
ML approach
$510,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$370,000
Current use
OFFICE BUILDING
$530,000
Change: +42% · Conversion: Easy
AUTO REPAIR, GARAGE
$495,000
Change: +33% · Conversion: Difficult
MEDICAL BUILDING
$475,000
Change: +27% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$435,000
Change: +17% · Conversion: Moderate
WAREHOUSE, STORAGE
$335,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$525k
Range $473k – $578k · ±10% · vs last sale $550k (Jun 27 2023)
Last sale anchor
$550k
Jun 27 2023
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
$437 / 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
$4,598
Tax year 2023
Assessed value
$220,905
Assessed 2023
Previous assessed
$153,059
+44.3% YoY
Effective rate
2.08%
On assessed value
Assessed land
$57,300
Assessed improvement
$163,605
Land market value
$57,300
Improvement market value
$163,605
Total market value
$220,905
Applied tax rate
40,537.0000
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
For Sale
Year built
1977
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
6
Total area
1,202 SF
Lot
0.17 ac (7,510 SF)
Zoning code
C1
APN
40-43-45-03-15-013-0010
UPID
US18-1803616
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
RETAIL STORES Current
Est. value
$370,000
OFFICE BUILDING
Est. value
$530,000
AUTO REPAIR, GARAGE
Est. value
$495,000
MEDICAL BUILDING
Est. value
$475,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$435,000
WAREHOUSE, STORAGE
Est. value
$335,000
RETAIL STORES Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
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
1977
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
6
Lot
0.17 ac
Current owner
From public records · entity-resolved
L Deluxe Properties LLC
Entity
Mailing address
18201 COLLINS AVE #5503, SUNNY ISLES BEACH, FL 33160-5107
Ownership since
2023
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
Jun 27, 2023
$550,000
L Deluxe Properties LLC
Fl East Coast Lantana LLC
Warranty Deed
—
May 26, 2022
$325,000
Fl East Coast Lantana LLC
Nanda LLC
Warranty Deed
$245,000 · National Loan Acquistions Company
Mar 16, 2018
—
Nanda LLC
Mantovani,kenneth III
Warranty Deed
—
Nov 30, 2017
$100,000
Mantovani Kenneth III
Decastro,silvana
Warranty Deed
—
Apr 27, 2017
—
Silvana De Castro
Schilson,catherine
Quit Claim Deed
related
—
Jun 24, 2011
—
Catherine Schilson
De Castro Ent LLC
Quit Claim Deed
related
—
Jun 24, 2011
$85,000
Catherine Schilson
Decastro Ents LLC
Warranty Deed
$80,000 · Silvana Decastro
Aug 15, 2008
—
Decastro Ents LLC
Ugaloe Ents LLC
Quit Claim Deed
related
—
Dec 4, 2003
$250,000
Ugalde Enterprises LLC
Morgan,gee Gee M
Grant Deed
$215,000 · Gee Gee M Morgan
Dec 4, 2003
—
Ugalde Enterprises LLC
Morgan,gee Gee M
Quit Claim Deed
related
—
—
—
Ugalde Ents LLC
—
Deed Of Trust
related
$299,763 · Bank Of America
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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