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    655 George Bush Blvd Delray Beach, FL 33483

    For Sale
    $2,750,000

    18,263 SF Vacant Building, Prime Location

    Property size:
    18,263 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional mixed-use property presents a compelling development opportunity in Delray Beach, Florida. Located at 655 George Bush Boulevard, this 18,263 square foot building, constructed in 2023, is currently vacant and ready for immediate development. The property boasts a strategic location east of Federal Highway, offering excellent visibility and accessibility. The building's design incorporates four office suites totaling 3,757 square feet across the first and second floors, and three residential townhomes encompassing 6,325 square feet on the second and fourth floors. Ample parking is provided with 20 spaces, including 10 covered spots, along with dedicated bike storage, an electrical room, and a pump room. The project has received SPRAB approval and is currently in the permitting process. This is a unique chance to acquire a substantial, newly built property with significant potential for diverse uses and strong returns. The asking price is $2,750,000. Note that the information provided is subject to errors, omissions, and changes without notice. The property is not being sold subject to obtaining permits.

    Property Features for 655 George Bush Blvd

    General Information

    Property type
    Mixed-use properties
    Square Feet
    18,263 SF

    Building Details

    Year Built
    2023

    HighLights

    • $2,750,000 asking price.
    • Mixed‑use property totaling 18,263 square feet.
    • Vacant, offering a development opportunity.
    • Located at 655 George Bush Blvd, Delray Beach, FL 33483.
    • New construction (2023).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    bcbs Junkyard

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Delray Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0666373
    Latitude
    26.4742649

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    FAQs

    What type of property is this?
    Mixed-use property - 18,263 SF Vacant Building, Prime Location
    Where is this mixed-use property located?
    The property is located at 655 George Bush Blvd Delray Beach, FL.
    What is the asking price?
    The asking price for this property is $2,750,000.
    What are key features of this property?
    This property features: $2,750,000 asking price.; Mixed-use property totaling 18,263 square feet.; Vacant, offering a development opportunity.
    (561) 441-0967
    Request Owner's contact information
    655 George Bush Blvd Delray Beach, FL 33483
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    Delray Beach, FL 33483
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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
    655 George Bush Blvd Delray Beach, FL 33483
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