Financial
Distress signals
Property profile

235 SE 5Th Ave Delray Beach, FL 33444

FOR SALE
Other commercial real estate
Property ID
US18-4413854
2,309 SF 0.32 ac lot Built 1928
Last sale Jan 2022 · $2,150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is an approved, site-plan-based condominium development project in Delray Beach, located at 235 SE 5th Avenue, with plans for construction of seven condominium units. Proposed unit configurations vary by layout, including 2-bedroom/2-bathroom and 3-bedroom/3-bathroom options, and the design includes two penthouse rooftop terrace areas as well as private outdoor terrace spaces for individual units. Community amenities contemplated for the project include a swimming pool and covered

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?
$38k
Tax billed · 2023
Assessed value$1.89M
Assessed land$1.44M
Assessed improvement$447k
Effective rate2.03%

Value estimate

· Sep 2026
$2.06M
$1.85M – $2.27M
AI approach$2.15M

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$1,229/SF
ZIP average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$554 – $2,323
Qualifying comparables10

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 Service9.9
Dry Cleaner9.5
Catering Service9.0

Location

235 SE 5Th Ave Delray Beach, FL 33444
County assessor Recorded deeds · 3 transfers 10 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1190 Dixie, Delray Beach, FL 33483-3442 $1,230,000 Feb 2026 2,695 SF
904 5th, Delray Beach, FL 33483-5109 $1,200,000 Mar 2025 1,913 SF
1200 Atlantic, Delray Beach, FL 33483-6949 $6,800,000 Feb 2024 2,036 SF
1025 Dixie, Delray Beach, FL 33483-3466 $940,000 Aug 2023 2,750 SF
709 Bond, Delray Beach, FL 33483-5826 $1,250,000 Jun 2022 2,970 SF
504 Atlantic, Delray Beach, FL 33483-5324 $2,055,000 May 2021 2,902 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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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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