Financial
Distress signals
Property profile

500 Gulfstream Blvd Delray Beach, FL 33483

FOR LEASE
Office buildings
Property ID
US18-4206022
24,904 SF 1.43 ac lot Built 1982
Last sale Aug 2023 · $3,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Office space is located at 500 Gulfstream Blvd., Palm Beach, Florida 33483, within the two-story Gulfstream Professional Building. Suite 209 comprises 1,134 rentable square feet of office space. The building provides on-site parking and is situated on Gulfstream Boulevard west of Federal Highway, offering access to nearby retail, transportation options, lodging, dining, beaches, and healthcare facilities. The property is centrally positioned in the area near Downtown Delray Beach and Boynton Beach.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$82k
Tax billed · 2023
Assessed value$3.61M
Assessed land$891k
Assessed improvement$2.72M
Effective rate2.27%

Value estimate

· Sep 2026
$3.48M
$3.13M – $3.82M
AI approach$3.23M
Submarket $/SF estimate$2.72M
NOI build-up
Gross scheduled income$52k
Vacancy & credit loss−$12k
Operating expenses−$10k
NOI · 231,207.69% cap applied$30k

Realmo valuation models over county records and 7 qualifying comparable sales.

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
Qualifying comparables7

Cap rate analysis

How does the asset earn?
231,207.69%
$30k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C3
JurisdictionPALM BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency33.7
Restaurant29.9
Law Firm24.5

Location

500 Gulfstream Blvd Delray Beach, FL 33483
County assessor Recorded deeds · 2 transfers 7 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
801 6th, Delray Beach, FL 33483-5185 $3,300,000 May 2025 9,044 SF
398 6th, Delray Beach, FL 33483-5517 $2,500,000 Oct 2024 4,754 SF
258 6th, Delray Beach, FL 33483-5259 $3,875,000 Sep 2023 10,016 SF
551 8th, Delray Beach, FL 33483-5022 $25,000,000 Jul 2022 54,254 SF
1201 George Bush, Delray Beach, FL 33483-7284 $2,100,000 May 2021 3,984 SF
417 3rd, Delray Beach, FL 33483 $4,100,000 Jun 2019 11,839 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?”
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