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Property summary
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 dryer hookup provisions. There are four bathrooms total, including one full bathroom with a shower. Exterior amenities include a large concrete outdoor patio and a spacious fenced-in backyard. The property is zoned SAD (city) and is configured for office and professional uses such as real estate, mortgage, legal, architectural and engineering, title services, and medical offices.
Property profile
VerifiedCap rate & NOI
Current use
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Hardware & Home Improvement Kitchen & Bath Showroom
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Social Service Agency Charitable Organization
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The Special Activities District (SAD) is established to provide a zone district appropriate for developments not otherwise classified or categorized in other districts; or, cannot be properly accommodated in any other zo…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Delray Beach market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
SAD · Delray Beach, FLThe Special Activities District (SAD) is established to provide a zone district appropriate for developments not otherwise classified or categorized in other districts; or, cannot be properly accommodated in any other zo…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The Special Activities District (SAD) is established to provide a zone district appropriate for developments not otherwise classified or categorized in other districts; or, cannot be properly accommodated in any other zo…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for SAD in Delray Beach, FL.
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