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Property profile & analytics
OFF-MARKET
Estimated value
$1,590,000
Hotels
1600 Federal Hwy Delray Beach, FL 33483-5926
Entity Owned
Free & Clear
Property ID
US19-0791382
Property summary
AI-generated overview
This exceptional 3,608 square foot special purpose property, located at 1600 N Federal Highway in Delray Beach, Florida, presents a unique investment opportunity. Built in 1954, the property currently operates as a ten-unit motel with on-site parking, catering to daily fee guests. Its strategic location offers direct US1 frontage, maximizing visibility and accessibility. The property is zoned for general commercial use, opening doors to a wide range of redevelopment possibilities. Envision a mixed-use project, a vibrant restaurant, or modern office space – the potential is vast. The asking price is $2,690,000. This property is being sold "as is." The lot size is not specified. Please note that the property includes two units and is situated in the desirable Palm Beach County, zip code 33483. Given its prime location and flexible zoning, this property is an ideal canvas for a savvy investor seeking a high-impact project in a thriving Florida market. Serious inquiries only; please refrain from disturbing guests or employees.
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1954
Construction
WOOD
Total area
1,892 SF
Lot
0.58 ac (25,117 SF)
Zoning code
GC
APN
12-43-46-09-12-000-0012
UPID
US19-0791382
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Motel and More Hotel & Motel
-
Southgate Motel Hotel & Motel
-
Nail Fever Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.10M
Blend (final)
Blend
$1.59M
Owner & transaction history
Saint Barth LLC
Saint Barth LLC
since 2025
Last sale
$1.9M
6 recorded transactions
Zoning & alternative use
GC · Delray Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.3M
+193.4%
Neighborhood: shopping center
$1.7M
+116.8%
Retail stores
$1.7M
+112.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Delray Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Delray Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,325,000
Change: +193% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,720,000
Change: +117% · Conversion: Difficult
RETAIL STORES
$1,685,000
Change: +112% · Conversion: Difficult
Blend value · Realmo final
$1.59M
Range $1.43M – $1.75M · ±10% · vs last sale $1.90M (Dec 30 2025)
Last sale anchor
$1.90M
Dec 30 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$840 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$15,615
Tax year 2023
Assessed value
$790,780
Assessed 2023
Previous assessed
$743,954
+6.3% YoY
Effective rate
1.97%
On assessed value
Assessed land
$698,532
Assessed improvement
$92,248
Land market value
$698,532
Improvement market value
$92,248
Total market value
$790,780
Applied tax rate
12,987.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1954
Construction
WOOD
Heating
NONE
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Units
3
Rooms
7
Total area
1,892 SF
Lot
0.58 ac (25,117 SF)
Zoning code
GC
APN
12-43-46-09-12-000-0012
UPID
US19-0791382
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
GC · Delray Beach, FL
Zoning GC · permitted uses
GC · Delray Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Delray Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$2.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.7M
RETAIL STORES
Est. value
$1.7M
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1954
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
3
Rooms
7
Lot
0.58 ac
Current owner
From public records · entity-resolved
Saint Barth LLC
Entity
Free & Clear · 0 yrs held
Mailing address
1600 N FEDERAL HWY, DELRAY BEACH, FL 33483-5926
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2025
$1,900,000
Saint Barth LLC
Hoque Plus INC
Warranty Deed
—
Aug 17, 2010
—
Hoque & INC
Hoque,anm E
Quit Claim Deed
related
—
Jul 3, 2008
—
Anm E Hoque
Motel & More INC
Quit Claim Deed
related
—
Sep 26, 2006
$650,000
Motel & More INC
East Delray Dev LLC
Warranty Deed
—
Dec 17, 2003
$510,000
East Delray Development LLC
Brinson,mary L
Grant Deed
$400,000 · Home Federal Bank Hollywood
Feb 4, 2002
$550,000
Mary L Brinson
Carlson,dale M
Grant Deed
$385,000 · Arthur V Strock
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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