222 Royal PalmPalm Beach, FL 33480

  • Office properties
  • 11,694 SF
Off market
$8,094,176 Estimated

Property Details for 222 Royal Palm

Year built
1989
Construction
CONCRETE
Lot size
0.43 AC
Property size (Sq ft)
11,694 SF
Zone code
C-OPI
Property type
Office properties
Property subtype
Office buildings
APN
50-43-43-23-05-025-0380
APU
50434323050250380

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,711,509
    6.5%
    $2,502,932
    7%
    $2,324,151
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,253,037
    Geo Method
    $3,253,037
  • Alternative Use

    Use
    Valuation
    Residential
    $3,103,635
    Hospitality
    $2,842,913
    Educational
    $2,365,270
    Medical
    $2,446,616
    Retail
    $3,679,310
222 Royal Palm, Palm Beach, Florida

Location Insight

City
Palm Beach
County
Palm Beach
State
Florida
Latitude
26.7052
Longitude
-80.0375
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$121,682
$4,585,659
$3,508,517
$8,094,176
-
$4,585,659
$3,508,517
$8,094,176

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