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    2121 Tamarind Ave West Palm Beach, FL 33407

    Sponsored
    For Sale
    $250,000

    Prime Retail Location, High Sales Potential

    Property size:
    2,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,400 square foot retail space, located at 2121 N Tamarind Avenue in West Palm Beach, Florida, presents a unique investment opportunity. Built in 1947, this single-unit property is situated in the heart of a thriving community and boasts a proven track record of success. The property is currently leased to a grocery store, generating an average monthly sales volume of $40,000. This demonstrates strong tenant occupancy and significant revenue potential for the investor. The asking price for this property is $250,000. The lot size is not specified. The property's location in West Palm Beach, Florida (zip code 33407), offers excellent visibility and accessibility, ensuring high foot traffic and customer engagement. This is an ideal opportunity for investors seeking a stable, income-generating asset in a desirable location. The property's history and current tenant occupancy provide a solid foundation for future growth and profitability. This retail space is ready for immediate income generation, making it an attractive investment for both seasoned and new investors in the commercial real estate market. The property is located in Palm Beach County. The lease agreement for the existing grocery store is in place, providing immediate cash flow.

    Property Features for 2121 Tamarind Ave

    General Information

    Property type
    Retail properties
    Square Feet
    2,400 SF

    Building Details

    Year Built
    1947
    Units
    1

    HighLights

    • 2,400 SF retail space at 2121 N Tamarind Ave, West Palm Beach, FL (33407).
    • Currently leased to a grocery store with $40,000 average monthly sales.
    • Asking price: $250,000.
    • Located in a thriving West Palm Beach community, offering high visibility and foot traffic.
    • Provides immediate cash flow with existing lease in place.
    Property Profile Location Intelligence

    Current Use by Public Records

    Adam Grocery Grocery Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    West Palm Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0612169
    Latitude
    26.7335109

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Location, High Sales Potential
    Where is this retail property located?
    The property is located at 2121 Tamarind Ave West Palm Beach, FL.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: 2,400 SF retail space at 2121 N Tamarind Ave, West Palm Beach, FL (33407).; Currently leased to a grocery store with $40,000 average monthly sales.; Asking price: $250,000.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2121 Tamarind Ave West Palm Beach, FL 33407
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