Financial
Distress signals
Property profile

115 Olive Ave West Palm Beach, FL 33401

OFF-MARKET
Retail space
Property ID
US18-3120783
6,841 SF 0.09 ac lot Built 1954
Last sale Aug 2023 · $3,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

A 3,391-square-foot retail space located in downtown West Palm Beach. The property is positioned near the Brightline station and within the vicinity of City Hall, the Palm Beach Courthouse, the Meyer Amphitheatre, and the West Palm Beach Green Market. The space is configured for retail use and is currently occupied by multiple tenants, including CVS, ER Bradleys, Lynora's, Roxy's, Kabuki, and Avocado Grill.

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?
$21k
Tax billed · 2023
Assessed value$1.15M
Assessed land$644k
Assessed improvement$506k
Effective rate1.86%

Value estimate

· Sep 2026
$4.08M
$3.67M – $4.49M
AI approach$3.99M
Sales comparison$2.77M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$573/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$314 – $944
Qualifying comparables5

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?
CWD-10
The historic retail corridor in downtown, the Clematis waterfront district (CWD) signifies one of the major community spaces for the city...
General categoryCOMMERCIAL
JurisdictionPALM BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat8.8
Laundry Service8.8
Shoe Repair8.7

Location

115 Olive Ave West Palm Beach, FL 33401-5504
County assessor Recorded deeds · 8 transfers 5 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
525 Clematis, West Palm Beach, FL 33401-5303 $4,000,000 Jan 2025 9,911 SF
522 Clematis, West Palm Beach, FL 33401-5304 $2,400,000 May 2024 6,450 SF
1300 Elizabeth, West Palm Beach, FL 33401-6920 $19,500,000 Apr 2024 7,500 SF
3100 Congress, West Palm Beach, FL 33401 $750,000 Apr 2024 6,040 SF
1146 Elizabeth, West Palm Beach, FL 33401-6955 $1,550,000 Mar 2024 4,840 SF
321 Dixie, West Palm Beach, FL 33401-5889 $880,000 Nov 2023 8,111 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 115 Olive Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message