1201 Federal Hwy Delray Beach, FL 33483
This exceptional 600-square-foot retail property, located at 1201 N Federal Hwy in Delray Beach, Florida, presents a rare opportunity. Boasting desirable frontage on North Federal Highway, this single-tenant building offers high visibility and accessibility. Built in 1957 and extensively renovated in 2022, the property is in excellent condition and ready for immediate occupancy. The building consists of one story and sits on a 0.691-acre lot. Its zoning classification is GC, providing flexibility for a variety of professional office uses within the retail context. The property's Palm Beach County location (APN: 12434609120000050) ensures a strong position within a thriving commercial district. This is an ideal investment for entrepreneurs seeking a well-maintained, high-traffic location to establish or expand their business. The recent renovation ensures modern amenities and a contemporary aesthetic, making it an attractive option for discerning tenants. The single-tenancy aspect provides ease of management and control. Don't miss this chance to acquire a prime retail space in a highly sought-after area of Delray Beach.
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Fy22 FamilyYogaZenZone Gym & Fitness Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.