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Property profile

1200 Clare Ave West Palm Beach, FL 33401

OFF-MARKET
Retail space
Property ID
US18-5117533
2,080 SF 0.15 ac lot Built 1987
Last sale Oct 2024 · $1,975,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This freestanding two-building commercial property is configured for flexible industrial and office use and totals approximately 4,040 square feet of combined space. The front building includes a large first-floor front office with a half bath, and a spacious second-floor office with a full bath; the rear portion of the front building contains a loading area, a full bathroom, storage, and utility space, plus additional second-floor storage. The back building includes first-floor office space,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$23k
Tax billed · 2023
Assessed value$1.05M
Assessed land$148k
Assessed improvement$898k
Effective rate2.22%

Value estimate

· Nov 2026
$1.72M
$1.54M – $1.89M
AI approach$1.68M
Submarket $/SF estimate$1.96M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$573/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$314 – $944
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I
The industrial district is designated primarily for areas of intensive manufacturing and industrial areas where related uses are clustere...
General categoryINDUSTRIAL
JurisdictionPALM BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store12.3
Pet Grooming Service10.1
Tailor Shop9.5

Location

1200 Clare Ave West Palm Beach, FL 33401-6906
County assessor Recorded deeds · 2 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1220 Elizabeth, West Palm Beach, FL 33401-6918 $19,500,000 Jul 2024 3,132 SF
1671 Forum, West Palm Beach, FL 33401-2303 $625,000 Feb 2024 2,400 SF
1602 Clare, West Palm Beach, FL 33401-6914 $275,000 Feb 2023 2,500 SF
428 Avon, West Palm Beach, FL 33401-7904 $2,450,000 Feb 2023 2,760 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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