Listing Agency: Greenfield Waters, LLC c***@greenfieldwaters.com Show Phone

Listed By: Eric Gunther · License #3472703

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 12:49AM

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Investment Insights

Based on property information with market context.

This residential income property includes two buildings at 2565 S Ocean Boulevard in Palm Beach, Florida. The configuration includes 5 units, with 2 currently combined and functioning as 1 unit. The buildings are approaching 60 years in age, providing an existing improvement base for evaluation by a purchaser considering the property’s current residential income use.

Key Highlights

• 5 units, with 2 currently combined as 1
• Two buildings located at 2565 S Ocean Boulevard
• Buildings approaching 60 years in age

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Hair Salon HVAC Service (Bike/Boat/Book/etc) Store Locksmith Auto Repair Shop Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5

Residential units

Location Intelligence

Trade Area within ½ mile

67

Businesses Nearby

Explore this area Business Placement

Demographics for 33480, FL

10,716

Population

12,438

Households

0.9

Avg Household Size

68

Median Age

65%

College-Educated

98%

High-School Grad

3.9 sq mi

ZIP Area

2,748

Density / Sq Mi

$151,121

Median Household Income

$81,850

Median Earnings

$1,840

Median Rent

$1,218,500

Median Home Value

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Frequently Asked Questions

What type of property is this?

Residential income property - Two existing buildings offer an established residential income configuration near Palm Beach’s South Ocean Boulevard.

Where is this residential income property located?

The property is located at 2565 S Ocean Boulevard Palm Beach, FL.

What are key features of this property?

This property features: 5 units, with 2 currently combined as 1; Two buildings located at 2565 S Ocean Boulevard; Buildings approaching 60 years in age