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Property profile & analytics
OFF-MARKET
Restaurants

404 Atlantic Ave Delray Beach, FL 33444

Property ID
Property summary
AI-generated overview

This exceptional restaurant property at 404 W Atlantic Ave boasts 1,200 square feet of beautifully designed indoor space complemented by a spacious 3,000 square foot outdoor patio. Its prime location places it just steps away from the new Sundy Village development, a significant project adding substantial value to the surrounding area. The property benefits from over two acres of well-maintained public courtyards, dining, and seating areas, creating a vibrant and attractive community atmosphere. The ongoing development of Sundy Village and other projects along Atlantic Avenue promise continued growth and increased property value. This thriving area offers a bustling atmosphere with a diverse range of shops, restaurants, and cultural attractions, ensuring high foot traffic and visibility. The single-tenant building, identified by APN 12434617060290010, comprises a total of 4,200 square feet, presenting a unique opportunity for a restaurant owner or investor seeking a well-established location in a rapidly developing area. The property's combination of indoor and outdoor space caters to a variety of operational needs and offers significant potential for expansion and increased revenue. This is a rare chance to acquire a well-positioned restaurant property in a dynamic and rapidly appreciating area.

Property profile
Verified
Property type Restaurants
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Biba Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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