131 Federal Hwy Boca Raton, FL 33432-4921
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Addict Advisor Boca Raton Rehab Rehabilitation Center
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mac is it Tech Support Center (Bike/Boat/Book/etc) Store
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Blink Charging Station Electric Vehicle Charging Station
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Scania Boutique Travel Travel Agency
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Disinfect south florida (Bike/Boat/Book/etc) Store
DDRI development shall mean any development permitted under Ordinance 4035 as amended from time to time. (b) Rear separator line shall mean the line of demarcation, as set forth in this section, between residential development and DDRI development. (c) Residential development shall mean single family attached or detached dwelling units of not less than 1,200…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
DDRI · Boca Raton, FLDDRI development shall mean any development permitted under Ordinance 4035 as amended from time to time. (b) Rear separator line shall mean the line of demarcation, as set forth in this section, between residential development and DDRI development. (c) Residential development shall mean single family attached or detached dwelling units of not less than 1,200 square feet of habitable floor area each fronting on the road or Mizner Boulevard if within the road property. Each residential unit shall have its own separate entrance on the ground level. Each new residential unit shall have an attached garage for at least 1 automobile which garage cannot be converted to living area. Residential development shall also include all existing residences within the road property. (d) Road shall mean the right-of-way for East Boca Raton Road between Mizner Boulevard and N.E. 5th Avenue. (e) Road property" shall mean the land zoned R-1-D within the community redevelopment area and more particularly described as follows: Lots 1 through 12, Stevens Additions, according to the plat thereof recorded in Plat Book 6, Page 33 of the public records of Palm Beach, Florida; and the north half of Lots 4 and 8, Block 8, Rickard's Survey, according to the plat thereof, as recorded in Plat Book 7, Page 34, of the public records of Palm Beach County, Florida; less the right-of-way for Boca Raton Road, Florida; less the right-of-way for Boca Raton Road, as now laid out and in use; also less the right-of-way for Mizner Boulevard (also known as Northeast 2nd Avenue), as now laid out and in use. (2) The development of the road property shall be governed by this section. All applications for development orders and development permits within the road property shall be made to the community redevelopment agency pursuant to procedures in Ordinance No. 4035. (3) Residential sites. (a) A strip ("residential strip") of the road property varying in depth from at least 36 feet to at least 50 feet from the road shall be strictly limited to residential development. (b) At least 25 percent of the rear separator line for any given development plan shall be at least 50 feet south from the road. The balance of the rear separator line for any given development shall not be any less than 36 feet south of the road. The rear separator line shall either be parallel or perpendicular to the road. The rear separator line may be placed by the applicant at any greater depth. (c) No part of any building in the residential development shall exceed 35 feet in height.
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Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.