5500 N Military Trl

Boca Raton, FL 33496

$480,000
Last Sold Price
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Beds
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Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
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per Sq. Ft.
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Closed 3/17/26
Closed 3/17/26
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Description

What you are buying is the fund with all the upside plus monthly distributions this portfolio has 8 funds and 18 class A multifamily properties. fractional share distributions. All funds throw-off different amounts and they all have different cap rates. Please reach out for more details. We are selling our equity shares. Take advantage of an already proven and secure investment. The fund is co-invested in the property with Cardone REIT. Call for information on the rest of the properties and see attached...What you are buying is the fund with all the upside plus monthly distributions this portfolio has 8 funds and 18 class A multifamily properties. fractional share distributions. All funds throw-off different amounts and they all have different cap rates. Please reach out for more details. We are selling our equity shares. Take advantage of an already proven and secure investment. The fund is co-invested in the property with Cardone REIT. Call for information on the rest of the properties and see attached photos with summaries. The big deal here is the monies have been invested on average 6-7 years.  All investments in the funds that are owned have a target multiple of 2.5 or greater. The big deal here is the monies have been invested on average 6-7 years.  All investments in the funds that are owned have a target multiple of 2.5 or greater Cardone Capital has a potential up to a 10 year Hold on each individual fund With the sweet spot of usually a 7-8 year sale possible. Cardone Capital has a potential up to a 10 year Hold on each individual fund With the sweet spot of usually a 7-8 year sale possible 94%, which is roughly $1.2 million the portfolio Has an acquisition date that is in or past that half point of the 10 year target hold. That means 94% or $1.2 million is at or past that five year mark already. That means 94% or $1.2 million is at or past that five year mark already Seller has received over $350,000 in distributions in the portfolio so far. Seller has received over $350,000 in distributions in the portfolio so far You get paid every 15th of the month and not once was one payment ever late or missed not even during Covid. You get paid every 15th of the month and not once was one payment ever late or missed not even during Covid Here are 2 scenarios for the near future of Cardone Capital portfolio. Here are 2 scenarios for the near future of Cardone Capital portfolio Scenario A, If you simply go off the 7 to 8 year model Of which more than 94% or $1.2 million of my portfolio falls into a 1 to 3 year remaining time frame for a sale. When you take into Cardone Capitals Target Multiple of 2.5X This means that an individual acquiring my portfolio would receive a gross sum of
3,000,000 dollars Upon the sale of these properties. When you take into Cardone Capitals Target Multiple of 2.5X This means that an individual acquiring my portfolio would receive a gross sum of
3,000,000 dollars Upon the sale of these properties $3,000,000  $1,200,000 ( Return of investment) = $ 1,800,000 dollars PROFIT

THE INVESTOR WILL BE RECEIVING ALL OF THEIR CAPITAL BACK PLUS AN ADDITIONAL ONE AND A HALF TIMES WITHIN 3 YEARS! Scenario B, If you simply take the longer of the 9 to 10 year model 94% Or $1.2 million of my Cardone Capital portfolio still falls under that model of 9-10 years Because acquisition of those funds started back in 2019. Using the same target multiple of 2 1/2 times The individual investor would receive the gross amount of
$300,000,000 Dollars upon the sale of these Funds. Same $3,000,000  $1,200,000 (return of investment) = $1,800,000 dollars profit
Within a 4-5 year time frame. The investor is getting the benefit of the five years plus that the owner has held Cardone Capital. The investor is getting the benefit of the five years plus that the owner has held Cardone Capital Owner has two fair market value letters over the last few years with the main average price value of the portfolio of $2.3 million. Which is an Appreciation from the initial investment of $1,273,000. Which is an Appreciation from the initial investment of $1,273,000 Cardone Capital also released that they're looking to take their real estate empire public within the next 1-2 years. They have articulated that when they will go, public shares would be able to be sold at whichever price they were set at if an individual wanted to liquidate out of Cardone Capital.
  1. Listed by Michael P Catino PA • Brokerage DRE #2032698 • Compass Florida LLC
    P: (561)-281-7383 C: (561)-281-7383 mcatino@bocahome.com

Property Details for 5500 North Military Trail

Style
No Pool/No Water
Year Built Numeric
2017
LISTING UPDATED: 03/17/2026 06:42 PM

Property Details for 5500 North Military Trail

StatusClosed
MLS #R11094622
Days on Market284
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeCommercial Sale / Multi Family
Year Built2017
Lot Size-
CountyPalm Beach County
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Location

Listing Courtesy of Compass Florida LLC

Sold By Compass Florida LLC

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Building Information for 5500 North Military Trail

Stories10Residences-Year Built2017Building Size-Lot Size-

Payment Calculator

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$220,453 per month

30 year fixed, 6.46% Interest

Principal and Interest

$2,417

Property Taxes

$218,036

HOA Dues

$0

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Property Information for 5500 North Military Trail

Summary
Location and General Information
  • Area: 4360
  • City and Location Text: Boca Raton
  • County Land Code: Palm Beach County
  • County Or Parish: Palm Beach County
  • Geo Lat: 26.397765
  • Information Available: Appraisal, Books & Records, Financial Statement, Photos
  • MLS Area: 4360
  • MLS Sub Area: PB06, Palm Beach 4220a; 4230b; 4360a; 4370b
  • Postal Code: 33496
  • State: FL
  • Street Direction Prefix: N
  • Street #: 5500
  • Zoning: Multifamily
Taxes and HOA Information
  • Association Fee: $0
  • Legal Desc: Multiple buildings 18
  • Parcel ID: 06424701280000020
  • Tax Year: 2025
Property
Lot Information
  • Acres: 0.0
  • Property Type: Commercial Sale, Multi Family
Property and Assessments
  • Avail Docs: Appraisal, Books & Records, Financial Statement, Photos
  • Construction Type: Multi Family, Other
  • Document Count: 0
  • Legal Description: Multiple buildings 18
  • Type: Multi Family
  • Year Built Description: 2017
Utilities
  • Cable Available: Yes
  • Electric Service: True
  • On Site Utilities: Cable Available
  • Sewer Description: Public Sewer
  • Utilities: Cable Available
Interior and Exterior Features
Exterior Features
  • Balcony Porch/Patio: No
  • Guest Accommodations: No
  • Roof: Other
  • Roof Description: Other
  • Security Information: Fire Sprinkler System
Interior Features
  • Baths Total: 0
  • Cooling: Central Air, Electric
  • Flooring: Other
  • Heating: Central, Electric
  • Heating Description: Central, Electric
  • Maximum Ceiling Height: 9
  • Num Floors: 10
  • Num Toilets: 0
  • Numof Units: 1000
Multi Family
Multi Family Information
  • Number of Stories: 10.0
  • Unit Count: 1000
Income & Expenses
  • Exp Incl Pool Service: No
Rental
Rental Information
  • DXORIGMLNO: RML
  • Possession Information: Close Of Escrow

Property History for 5500 North Military Trail

DateEvent & SourcePriceAppreciation
Mar 17, 2026

Sold

Beaches MLS #R11094622

$480,000—
Mar 9, 2026

Pending

Beaches MLS #R11094622

—
May 29, 2025

Listed (Active)

Beaches MLS #R11094622

$1,395,000—
DateEvent & SourcePrice
03/17/2026

Sold

Beaches MLS #R11094622

$480,000
03/09/2026

Pending

Beaches MLS #R11094622

—
05/29/2025

Listed (Active)

Beaches MLS #R11094622

$1,395,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5500 North Military Trail

Taxable ValueLand$26,327,700Additions$120,916,237Total$147,243,937
Tax Record2025$2,616,435 ($218,036 / month)
Home Facts
Total Finished SqFt491,320 SqFtAbove Grade Finished SqFt491,320 SqFtStories6Lot Size501,267 SqFtStyleMulti-Family Res (5+ Units)Year Built2017ZoningLIRP PMDCountyPALM BEACHAPN06-42-47-01-28-000-0020

Schools near 5500 North Military Trail

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Calusa Elementary School
Public - PK to 5
Omni Middle School
Public - 6 to 8
Spanish River Community High School
Public - 6 to 12
Don Estridge High Tech Middle School
Public - 6 to 8
Rating
School
Distance
Calusa Elementary School
PublicPK to 5

Omni Middle School
Public6 to 8

Spanish River Community High School
Public6 to 12

Don Estridge High Tech Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass Florida LLC

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.