Financial
Distress signals
Property profile

112 SE 10Th St Delray Beach, FL 33483

FOR SALE
Other commercial real estate
Property ID
US18-3870701
5,040 SF 0.34 ac lot Built 1935
Last sale Nov 2021 · $860,000
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

A modern office building located in downtown Delray Beach on a 0.34-acre lot with 5,040 square feet of building area. The exterior includes a replaced aluminum roof, newer impact-resistant windows and doors, updated landscaping, and a modern exterior stucco finish. The building is configured with 11 or more office suites, reception areas, and multiple conference rooms, with additional space that could be used to add cubicles. Each floor includes a kitchen, and the primary kitchen has washer and

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?
$19k
Tax billed · 2023
Assessed value$942k
Assessed land$305k
Assessed improvement$637k
Effective rate2.02%

Value estimate

· Sep 2026
$1.02M
$914k – $1.12M
AI approach$1.00M
Sales comparison$644k
NOI build-up
Gross scheduled income$230k
Vacancy & credit loss−$52k
Operating expenses−$45k
NOI · 5.83% cap applied$134k

Realmo valuation models over county records and 14 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 comparables14

Cap rate analysis

How does the asset earn?
5.83%
$134k 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?
SAD
The Special Activities District (SAD) is established to provide a zone district appropriate for developments not otherwise classified or ...
General categoryMIXED_USE
JurisdictionPALM BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store9.5
Watch Repair Shop8.8
Tattoo & Piercing Shop8.2

Location

112 SE 10Th St Delray Beach, FL 33483
County assessor Recorded deeds · 6 transfers 14 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
709 Bond, Delray Beach, FL 33483-5826 $1,250,000 Jun 2022 2,970 SF
2455 Old Dixie, Delray Beach, FL 33483-6146 $3,686,500 Apr 2022 6,000 SF
309 1st, Delray Beach, FL 33483-4519 $1,600,000 Nov 2021 3,184 SF
504 Atlantic, Delray Beach, FL 33483-5324 $2,055,000 May 2021 2,902 SF
217 4th, Delray Beach, FL 33483-4532 $1,550,000 Mar 2021 4,309 SF
390 2nd, Delray Beach, FL 33483-4402 $1,300,000 Mar 2021 3,609 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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