Financial
Distress signals
Property profile

45 2nd Ave Delray Beach, FL 33444

OFF-MARKET
Retail space
Property ID
US18-2825770
10,800 SF 0.4 ac lot Built 1961
Last sale Aug 2022 · $30,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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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?
$65k
Tax billed · 2023
Assessed value$3.11M
Assessed land$1.84M
Assessed improvement$1.28M
Effective rate2.10%

Value estimate

· Sep 2026
$28.77M
$25.89M – $31.64M

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$890/SF
Submarket average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$489 – $1,433
Qualifying comparables8

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?
CBD
The Central Business District (CBD) is established to preserve and protect the cultural and historic aspects of downtown Delray Beach and...
General categoryCOMMERCIAL
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 Service10.5
Dry Cleaner8.8
Laundromat8.8

Location

45 2nd Ave Delray Beach, FL 33444-3701
County assessor Recorded deeds · 6 transfers 8 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
151 18th, Delray Beach, FL 33444-1685 $5,500,000 Jul 2025 14,700 SF
140 2nd, Delray Beach, FL 33444-3704 $9,130,000 Jul 2025 7,182 SF
1300 Wallace, Delray Beach, FL 33444-1214 $3,898,500 May 2025 11,404 SF
755 16th, Delray Beach, FL 33444-1323 $1,900,000 Nov 2023 6,500 SF
1000 Lk Ida, Delray Beach, FL 33444-1744 $2,000,000 Jan 2022 8,760 SF
601 Atlantic, Delray Beach, FL 33444-2557 $225,000 Feb 2021 4,901 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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