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Paul P. Drake is a partner in Boyle & Drake, Inc., a full service real estate appraisal firm with offices located in Vero Beach and Fort Pierce, Florida.
Mr. Drake has been actively engaged in various phases of real estate appraisal since 1971. He has prepared appraisals encompassing most of the major categories of land and buildings. Mr. Drake has conducted appraisals for the purpose of sale/purchase, insurance, rental, financial, ad valorem tax, purchase price allocation, corporate planning and special studies of market feasibility.
Mr. Drake has been a resident of Palm Beach County, Florida, since 1947. He conducted real estate brokerage and appraisal business in Palm Beach County until 1989. He is now a resident of St. Lucie County, Florida. He received his secondary education from the University of Miami and Florida Atlantic University, where he graduated in 1969 with a Bachelor of Science degree in Finance. Mr. Drake’s recreational activity includes windsurfing & tennis.
Member of the Appraisal Institute -- MAI Certification No. 7685
Member of the Appraisal Institute -- SRA
Licensed as a Broker with Florida Real Estate Commission (License 0022786)
State Certified General Appraiser, License RZ0000027, by the State of Florida, Department of Professional Regulation, Real Estate Appraisal Board, December, 1992
Society of Real Estate Appraisers
Course 101, An Introduction to Appraising Real Property, 1975
Course 201, Principles of Income Property Appraising, 1976
Course 202, Applied Income Property Valuation, 1984
American Institute of Real Estate Appraisers
Course 1A-1, Real Estate Appraisal Principles, 1981
Course 8-3, Standards of Professional Practice, 1983
Course 1A-2, Basic Valuation Procedures, 1986
Course 2-1, Case Studies in Real Estate Valuation, 1986
Course 2-2, Valuation Analysis and Report Writing, 1986
Course 1B-A, Capitalization Theory and Technique, Part A, 1986
Course 1B-B, Capitalization Theory and Technique, Part B, 1986
Course 8-2, Residential Valuation, 1986
Comprehensive Examination -- Challenged and Passed, 1987
Appraisal Institute
Standards of Professional Practice A & B, 1992
Standards of Professional Practice A, 1993
Litigation Valuation, 1993
Understanding Limited Scope Appraisals, 1994
Small Hotel/Motel Valuation, 1998
Eminent Domain and Condemnation Appraising, 1998
Appraising Manufactured, Modular, & Mobile Housing, 1999
Lease Abstracting and Analysis, 1999
Partial Interest Valuation – Divided, 1999
USPAP/Law Update – 1999
Regression Analysis - 2000
Other Seminars
·
Appraising Rental
Properties Seminar by South Florida Water Management District-May 1997
Regression Analysis by McKissock Data Ststems, 1998
· Argus Two-Day Power User DCF Seminar, June 2000
Partner in Boyle & Drake, Inc., Real Estate Appraisal and Consulting Firm, Vero Beach, Florida--Present
President, Lawson, Powel & Drake, Inc., Real Estate Appraisal and Consulting Firm, Jensen Beach, Florida--January 1994 to March 1995.
Senior Appraiser, Callaway & Price, Inc., Ft. Pierce, Florida, June, 1989 to January, 1994. Responsible for appraising complicated properties in Florida and New England
President, Drake & Ernst, Inc., Realtors/Appraisers, Boca Raton, Florida, 1972 to June, 1989
Vice President/Secretary Treasurer, Talbott & Drake, Inc., Realtors/Appraisers, 1973 to 1982
Associate, Eliot West Realty, 1971 to 1972
Assistant Planner, City of Boca Raton, Florida, 1968 to 1971
Appraisals made on the following types of property from individuals, corporations, banks, attorneys, governmental agencies, savings and loans, and mortgage companies:
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Acreage Apartment Complexes Aquaculture Farms Automobile Agencies Commercial Buildings Condominiums Condominium Projects Day Care Centers Duplexes Citrus Groves Golf Courses Industrial Luxury Homes Marinas Medical Buildings Mobile Home Parks Motels/Hotels/Convention Centers |
Office Buildings Planned Unit Developments Residential Multifamily Residential Single Family Restaurants Retail Buildings Shopping Centers Surgical Centers Service Stations Special Purpose Properties Subdivisions Tennis Clubs Time Share Resorts Triplexes Vacant Land Warehouses |
Mr. Drake has appraisal experience in Florida, Massachusetts, New Jersey, New York, New Hampshire, and Rhode island.
Mr. Mark Bennett 904-361-2133
First Union National Bank of Florida
Enterprise Tower
225 Water Street, 3rd Floor
Jacksonville, Florida 32202-0016
Mr. Adam Bolinger 561-564-8808
First National Bank & Trust Company
3730 7th Terrace
Vero Beach, Florida 32960
Mr. Robert McDonald 561-803-9711
Fidelity Federal Savings
205 Datura Street, Suite 200
West Palm Beach, Florida 33401
Mr. Roy Warren 561-223-0428
Gulfstream Business Bank
2400 SE Monterey Road
Stuart, Florida 34996-3351
Mr. Bob Kinney, MAI 954-765-7364
SunTrust Bank, NA
501 East Las Olas Boulevard
Ft. Lauderdale, Florida 33001