Professional Qualifications

Richard Padron, CCIM, MSA, AAR, SRC

Richard Padron has a diverse background in the real estate industry. His experience and education in the real estate profession have continually excelled.  He has been affiliated in residential construction, real estate development and the real estate brokerage business for more than 35 years. During this time, he has managed construction projects, marketed, and sold several hundred homes in various subdivisions in the Florida Keys and Key West, and has appraised thousands of single family, multi-family and commercial properties.  His real estate career has involved the entire development process from acquisition to project sellout, including the permitting and operation of wastewater treatment systems, as well as dealing with environmental concerns.

Prior to founding the firm, Appraisal Company of Key West, Inc., Mr. Padron formed the corporation of Richard Padron & Associates, Inc., a real estate brokerage corporation.   These corporations have been in existence since 1984, providing all types of real estate services, including brokerage; market, financial and investment analysis; expert witness testimony; appraisals; property operation review, and planning and feasibility analysis.

Education:

Real Estate Certificate from Florida Keys Community College

Professional
Activities:

MSA: Master Senior Appraiser, (1984).  Certificate No. 00883.

CCIM: Certified Commercial-Investment Member,  (1986). Certificate No. 2765.

AAR: Accredited in Appraisal Reviewer, ( 1987).
Certificate No. 77.

SRC: Senior Real Estate Councilor, (1993). Certificate No. 89.

Certification:

State-Certified General Real Estate Appraiser, License No. 0000544, (1990).

Licensed Real Estate Broker, State of Florida.

Licensed Class A Wastewater Treatment Plant Operator, State of Florida

Associations:

National Association of Realtors

Florida Association of Realtors

Key West Board of Realtors

Marathon and Lower Keys Board of Realtors

National Association of Master Appraisers

Commercial-Investment Real Estate Council

Accredited Review Appraisers Council

National Association of Counselors

Experience:

Appraisal Company of Key West, Inc. (Since 1987)

Richard Padron & Associates, Inc. (Since 1984)

Michael A. Padron, Inc. (1978-1984)

Riviera Enterprises, Inc. (1968-1984)

Area of Expertise:

Analysis and evaluation of many types of real estate

Assessment of project feasibility including:

Market research, investment analysis, and feasibility study

Highest and Best Use Analysis

Litigation support and expert witness testimony

Types of properties appraised, evaluated, and analyzed:

Hotels, Motels & Guesthouses

Retail/Office and/or Specialty Stores

Shopping Centers & Malls

Warehouses (Mini, Storage & Distribution)

Restaurants

Theaters

Marinas, Boat Storage & Repairs

Seafood Packing House

Multi-Family Projects

Proposed Development Projects

Highest & Best Use Study

Mobile Home & Recreation Vehicle Parks

Single Family Residential & Condominiums

Multi-Family & Income Properties

Environmentally Sensitive Tracts

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