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Financial
Distress signals
Property profile

151 1st Ave Delray Beach, FL 33444

OFF-MARKET
Office buildings
Property ID
US18-5243445
4,258 SF 0.23 ac lot Built 1999
Last sale Nov 2019 · $1,960,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The Delray Centre is a three-story professional office building designed for tenant-ready occupancy, with secured keypad access, a reception lobby with a waiting area, and a first-floor private conference room. The interior layout includes an elevator, interior and exterior stairways, a kitchenette, shared copy and mail rooms, and three single restrooms. Office finishes and improvements feature travertine and porcelain flooring, interior molding and woodwork, built-in book shelving, 12-foot…

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?
$34k
Tax billed · 2023
Assessed value$1.78M
Assessed land$819k
Assessed improvement$962k
Effective rate1.93%

Value estimate

· Oct 2026
$1.35M
$1.22M – $1.49M
CAP approach$1.85M
Submarket $/SF estimate$1.09M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$471/SF
Submarket average, outlier-cleaned · 50 recorded sales of this use type
Observed band · Q1–Q3$278 – $724

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?
OSSHAD
The Old School Square Historic Arts District, OSSHAD is a mixed use district which is intended to provide for mixed uses of residential, ...
General categoryMIXED_USE
JurisdictionPALM BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service11.7
Veterinary Clinic10.1
Storage Facility9.8

Location

151 1st Ave Delray Beach, FL 33444-2611
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
205 5th, Delray Beach, FL 33444-3866 $2,658,825 Jun 2024 5,567 SF
11 Swinton, Delray Beach, FL 33444-3653 $2,225,269 Feb 2023 3,046 SF
226 Palm, Delray Beach, FL 33444-4016 $5,500,000 Jan 2022 6,334 SF
101 2nd, Delray Beach, FL 33444-3617 $3,599,000 Sep 2021 3,856 SF
298 2nd, Delray Beach, FL 33444-3706 $78,700 Jul 2021 2,614 SF
104 11th, Delray Beach, FL 33444-1528 $435,000 Jan 2020 2,479 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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