Financial
Distress signals
Property profile

3677 23Rd Ave S Lake Worth, FL 33461

FOR SALE
Distribution centers
Property ID
US18-2896178
1 ac lot Built 2007
Last sale Apr 2025 · $1,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 2,200-square-foot light industrial condominium that includes 1,600 square feet of flexible warehouse space accessed by a grade-level overhead door, along with approximately 600 square feet of office space featuring a restroom. It is constructed with concrete exterior walls and includes impact-resistant doors and windows, as well as wind-tested overhead doors. The site is positioned for convenient access to I-95 and Palm Beach International Airport. The condominium…

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?
$7k
Tax billed · 2023
Assessed value$291k
Assessed improvement$291k
Effective rate2.42%

Value estimate

· Sep 2026
$450k
$405k – $495k
NOI build-up
Gross scheduled income$166k
Vacancy & credit loss−$9k
Operating expenses−$47k
NOI · 15.11% cap applied$110k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$278/SF
Submarket average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$110 – $369

Cap rate analysis

How does the asset earn?
15.11%
$110k estimated NOI · market benchmarks for this use type

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

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: Watch Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Watch Repair Shop8.8
Tailor Shop8.7
Parking Facility8.7

Location

3677 23Rd Ave S Lake Worth, FL 33461
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file 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

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1947 10th N, Lake Worth Beach, FL 33461-3309 $1,040,000 Jun 2024 2,385 SF
1983 10th N, Lake Worth Beach, FL 33461-3361 $2,200,000 May 2024 3,467 SF
1985 10th N, Lake Worth Beach, FL 33461-3361 $2,200,000 May 2024 3,596 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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