150 OCEAN RD
 Sales  Print  Map It

Location
150 OCEAN RD
Mblu
0/R 20/ 8/ /
Acct#
903
Owner
38 ORG150 NELP OWNER LLC
Assessment
$27,117,200
Appraisal
$27,117,200
PID
837
Building Count
3
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2024$24,152,100$2,965,100$27,117,200
Assessment
Valuation YearImprovementsLandTotal
2024$24,152,100$2,965,100$27,117,200

Owner of Record
Owner38 ORG150 NELP OWNER LLC
Co-Owner
Address7121 FAIRWAY DRIVE SUITE 410
PALM BEACH GARDENS, FL 33418
Sale Price$33,250,000
Certificate
Book & Page 6521/1161
Sale Date12/05/2023
Instrument1Y

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
38 ORG150 NELP OWNER LLC$33,250,000 6521/11611Y12/05/2023
AG-EIP 150 OCEAN ROAD LLC$29,400,000 6190/23652A11/06/2020
EIP OCEAN ROAD LLC$18,399,600 5353/25880009/07/2012
EQUITY INDUSTRIAL GREENLAND ASSOC$17,925,000 5016/0363UNKQ05/27/2009
NIKE USA INC$1 3304/2412 06/29/1998

Building Information
Building 1 : Section 1
Year Built: 1980
Living Area: 305,712
Replacement Cost: $31,026,149
Building Percent Good: 61
Replacement Cost
Less Depreciation:

$18,926,000
Building Attributes
FieldDescription
Style:Warehouse
ModelIndustrial
GradeGood
Stories:1
Occupancy1.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2Concr/Cinder
Roof StructureGable/Hip
Roof CoverMetal/Tin
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr Abv Grad
Interior Floor 2 
Heating FuelOil
Heating TypeHot Air-no Duc
AC TypeNone
Struct Class 
Bldg UseIND WHSES
Total Rooms 
Total Bedrms00
Total Baths2
1st Floor Use:4010
Heat/ACNONE
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & MIN WL
Rooms/PrtnsAVERAGE
Wall Height30.00
% Comn Wall5.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFirst Floor 303,012 303,012
SDAStore Display Area 2,700 2,700
FGRGarage, Attached 320 0
   306,032 305,712
Building 2 : Section 1
Year Built: 1980
Living Area: 9,384
Replacement Cost: $1,480,889
Building Percent Good: 64
Replacement Cost
Less Depreciation:

$947,800
Building Attributes : Bldg 2 of 3
FieldDescription
Style:Office Bldg
ModelCommercial
GradeAverage
Stories:2
Occupancy1.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2Glass/Thermo.
Roof StructureFlat
Roof CoverTar&Grvl/Rubbr
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelOil
Heating TypeHot Water
AC TypeCentral
Struct Class 
Bldg UseIND BLDG MDL-94
Total Rooms 
Total Bedrms00
Total Baths2
1st Floor Use:402C
Heat/ACHEAT/AC SPLIT
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height12.00
% Comn Wall10.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFirst Floor 4,692 4,692
FUSUpper Story, Finished 4,692 4,692
   9,384 9,384
Building 3 : Section 1
Year Built: 1996
Living Area: 24,381
Replacement Cost: $3,623,780
Building Percent Good: 80
Replacement Cost
Less Depreciation:

$2,899,000
Building Attributes : Bldg 3 of 3
FieldDescription
Style:Office Bldg
ModelCommercial
GradeAverage
Stories:2
Occupancy1.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2Glass/Thermo.
Roof StructureFlat
Roof CoverTar&Grvl/Rubbr
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2Inlaid Sht Gds
Heating FuelGas
Heating TypeHot Water
AC TypeCentral
Struct Class 
Bldg UseIND BLDG MDL-94
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:402C
Heat/ACHEAT/AC PKGS
Frame TypeSTEEL
Baths/PlumbingABOVE AVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height12.00
% Comn Wall10.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
FUSUpper Story, Finished 12,276 12,276
BASFirst Floor 8,393 8,393
SDAStore Display Area 3,712 3,712
CANCanopy 619 0
FOPPorch, Open 252 0
   25,252 24,381

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
LDL2W/MAN FLIP OUT20.00 UNITS$37,8001
SPR2WET/CONCEALED24000.00 S.F.$97,4003
SPR2WET/CONCEALED9384.00 S.F.$27,6002
ELV3DOVER 2 STOP1.00 UNITS$23,8003
SPR2WET/CONCEALED306032.00 S.F.$899,7001
ELV3DOVER 2 STOP1.00 UNITS$17,2002

Land
Land Use
Use Code4010
DescriptionIND WHSES  
ZoneIND
Neighborhood
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)33.39
Frontage0
Depth0
Assessed Value$2,965,100
Appraised Value$2,965,100

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
MSC9ELEVTR  1.00 UNIT$9,8002
MSC10F-RM  1800.00 UNIT$10,8001
PAV1PAVING-ASPHALT  100000.00 S.F.$150,0001
LT2W/DOUBLE LIGHT  3.00 UNITS$5,6001
MSC19PUMP HS  256.00 UNIT$1,5001
LT3W/TRIPLE LIGHT  2.00 UNITS$5,0001
TNK23000-10000 GAL  10000.00 GALS$70,0001
FN3FENCE-6' CHAIN  2100.00 L.F.$23,1002
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$24,152,100$2,965,100$27,117,200
2023$24,152,100$2,965,200$27,117,300
2022$13,888,700$2,930,400$16,819,100

Assessment
Valuation YearImprovementsLandTotal
2024$24,152,100$2,965,100$27,117,200
2023$24,152,100$2,965,200$27,117,300
2022$13,888,700$2,930,400$16,819,100

All locations identified on Google, Yahoo, and Bing maps are approximate and may not be exact



Go To Google Maps

Go To Yahoo Maps

Go To Microsoft Bing Maps