Technical
Financial
Distress signals
Property profile

1214 Atlantic Ave Delray Beach, FL 33483

OFF-MARKET
Commercial real estate
Property ID
US18-2492500
1,330 SF 0.03 ac lot Built 1939
Entity Owned 9-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1939
Construction CONCRETE
Total area 1,330 SF
Lot 0.03 ac (1,302 SF)
Zoning code CBD
APN 12-43-46-16-28-002-0031
UPID US18-2492500

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bakery Discount Store
  • Take-out & Catering

Location

1214 Atlantic Ave Delray Beach, FL 33483-6914
Delray Beach metro Census 7410 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$470k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$470k

Owner & transaction history

since 2017
7 recorded transactions
2017
$950,000
2017
Price N/A
2010
$450,000
2009
Price N/A
2006
$7.3M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CBD · Delray Beach, FL
Zoning description

The Central Business District (CBD) is established to preserve and protect the cultural and historic aspects of downtown Delray Beach and simultaneously provide for the stimulation and enhancement of the vitality and eco…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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