Financial
Distress signals
Property profile

212 S Olive Ave Mu-7 West Palm Beach, FL 33411

FOR SALE
Other investment properties
Property ID
US19-0334787
1,893 SF 1 ac lot Built 2002
Last sale Aug 2021 · $538,300
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a ground-floor retail unit containing approximately 2,264 square feet within an NNN (net-lease) structure. It is located in downtown West Palm Beach at street level at the base of the Strand building, providing frontage and direct pedestrian access associated with a prominent mixed-use address. The space is configured for retail use and was designed to support ongoing tenant occupancy under an existing lease structure, with remaining lease term through 2034 and a contractual option period.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$17k
Tax billed · 2023
Assessed value$1.04M
Assessed improvement$1.04M
Effective rate1.61%

Value estimate

· Sep 2026
$710k
$639k – $781k
AI approach$850k
CAP approach$440k
Sales comparison$828k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$528/SF
ZIP average, outlier-cleaned · 66 recorded sales of this use type
Observed band · Q1–Q3$220 – $842
Qualifying comparables9

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPALM BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat8.8
Shoe Repair8.7
Butcher8.4

Location

212 S Olive Ave, Unit Mu-7 West Palm Beach, FL 33411
County assessor Recorded deeds · 3 transfers 9 qualifying comp sales Zoning catalog · not on file

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

Comparables

5 recorded sales · 13 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Dixie, West Palm Beach, FL 33401 $17,100,000 Sep 2021 N/A
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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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