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    1629 3 Ct Deerfield Beach, FL 33441

    Sponsored
    For Sale
    $150,000

    Established Men's Formalwear Store

    Property size:
    3,566 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This thriving men's formalwear business, located at 1629 SE 3rd Court in Deerfield Beach, Florida, 33441, is offered for $150,000. The 3,566 square foot space, situated within The Cove Shopping Center, has been a successful, family-run operation for over two decades, boasting a loyal customer base and strong referral network. Specializing in rentals and retail sales of men's formalwear, including tuxedos, shirts, shoes, and accessories, the business caters to a wide range of events such as weddings, bar mitzvahs, proms, and more. The inventory is extensive and diverse, offering various fits, styles, and colors to suit diverse needs. The business benefits from a strong online presence and positive reviews, generating consistent leads. Operating hours are currently 36 hours per week, offering flexibility. Established in 1998, the current owners acquired the business in 2018. This turnkey opportunity presents a well-established business with a proven track record and significant growth potential. The property was built in 1971. This is a fantastic opportunity for an entrepreneur looking to acquire a profitable and established business in a desirable location.

    Property Features for 1629 3 Ct

    General Information

    Property type
    Retail properties
    Square Feet
    3,566 SF

    Building Details

    Year Built
    1971

    HighLights

    • Asking Price: $150,000
    • Retail business for sale in Deerfield Beach, FL
    • 3,566 square feet
    • Established men's formalwear store in The Cove Shopping Center, operating for over 20 years
    • Turnkey operation with loyal clientele and strong online presence.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage 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
    Deerfield Beach
    County
    Broward
    State
    Florida
    Longitude
    -80.083284
    Latitude
    26.3140208

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    FAQs

    What type of property is this?
    Retail property - Established Men's Formalwear Store
    Where is this retail property located?
    The property is located at 1629 3 Ct Deerfield Beach, FL.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: Asking Price: $150,000; Retail business for sale in Deerfield Beach, FL; 3,566 square feet
    Request Owner's contact information
    1629 3 Ct Deerfield Beach, FL 33441
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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
    1629 3 Ct Deerfield Beach, FL 33441
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