Back to Search
Property profile & analytics
OFF-MARKET
Office buildings
920 3rd N Ave Lake Worth, FL 33460-3322
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US18-3981401
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1959
Construction
STEEL FRAME
Total area
1,482 SF
Lot
0.23 ac (10,132 SF)
Zoning code
MU-DIXIE
APN
38-43-44-21-15-084-0010
UPID
US18-3981401
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
21233 LLC · 8 yrs held
21233 LLC
since 2018
7 recorded transactions
Zoning & alternative use
MU-DIXIE · Lake Worth, 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 Lake Worth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Worth 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
$6,639
Tax year 2023
Assessed value
$283,277
Assessed 2023
Previous assessed
$267,618
+5.9% YoY
Effective rate
2.34%
On assessed value
Assessed land
$111,745
Assessed improvement
$171,532
Land market value
$111,745
Improvement market value
$171,532
Total market value
$283,277
Applied tax rate
38,453.0000
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
1959
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
1,482 SF
Lot
0.23 ac (10,132 SF)
Zoning code
MU-DIXIE
APN
38-43-44-21-15-084-0010
UPID
US18-3981401
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
MU-DIXIE · Lake Worth, FL
Zoning MU-DIXIE · permitted uses
MU-DIXIE · Lake Worth, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake Worth. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1959
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
21233 LLC
Entity
Mailing address
7050 W PALMETTO PARK RD #15279, BOCA RATON, FL 33433-3426
Ownership since
2018
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
Jul 9, 2018
$325,000
21233 LLC
2815 LLC
Grant Deed
$260,000 · 2815 LLC
Jun 10, 2013
—
2815 LLC
Spinelli,joseph & Adriana
Quit Claim Deed
related
—
Feb 28, 2013
$300
Joseph Spinelli
Mirabella,adrian O Coc
Trustees Deed
related
—
Nov 6, 2009
—
Lake Worth 920 LLC
Mirabella,adrian O
Warranty Deed
—
Jul 31, 2009
—
Adrian O Mirabellae
Lake Worth Land LLC
Quit Claim Deed
related
—
Sep 19, 2008
—
Lake Worth Land LLC
Mirabella,adrian O
Quit Claim Deed
related
—
May 14, 2003
$110,000
Adrian O Mirabella
Espada,romulo
Grant Deed
$90,000 · Romulo Espada
Dec 10, 1999
$79,000
Romulo Espada
Lozier,karl A
Grant Deed
—
—
—
Lake Worth 920 LLC
—
Deed Of Trust
related
$174,665 · Joseph & Adriana Spinelli
—
—
Adrian O Mirabella
—
Deed Of Trust
related
$120,000 · Joseph & Adriana Spinelli
—
—
Lake Worth 920 LLC
—
Deed Of Trust
related
$175,000 · Joseph & Adriana Spinelli
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 920 3rd N Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
