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Financial
Distress signals
Property profile

1601 Federal Hwy Boca Raton, FL 33432

OFF-MARKET
Drive through restaurants
Property ID
US18-4687134
2,756 SF 0.64 ac lot Built 1970
Last sale Nov 2018 · $1,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 2,870 square foot freestanding retail building located at 1601 N Federal Highway in Boca Raton, Florida. The property, built in 2019, sits on a 0.65-acre lot and is currently occupied by a Tide Dry Cleaners franchisee under a Net Lease (NNN) agreement. The 15-year lease commenced February 1st, 2024, and includes five-year renewal options, providing long-term stability and predictable cash flow. The current lease boasts a remaining term of…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$38k
Tax billed · 2023
Assessed value$1.97M
Assessed land$1.50M
Assessed improvement$472k
Effective rate1.91%

Value estimate

· Oct 2026
$535k
$482k – $589k
AI approach$485k
Submarket $/SF estimate$579k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$690/SF
County average, outlier-cleaned · 98 recorded sales of this use type
Observed band · Q1–Q3$383 – $1,205
Qualifying comparables12

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?
B-4
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
Laundromat8.6
Butcher8.6
Tanning Salon7.0

Location

1601 Federal Hwy Boca Raton, FL 33432-1929
County assessor Recorded deeds · 3 transfers 12 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
853 Federal, Boca Raton, FL 33432-6112 $5,125,000 Feb 2024 3,536 SF
123 Palmetto Park, Boca Raton, FL 33432-4818 $8,600,000 Nov 2023 2,750 SF
300 Camino Real, Boca Raton, FL 33432-5706 $850,000 Nov 2023 2,448 SF
135 Palmetto Park, Boca Raton, FL 33432-4818 $8,600,000 Nov 2023 3,300 SF
160 11th, Boca Raton, FL 33432-2640 $1,180,000 Nov 2023 2,448 SF
281 Federal, Boca Raton, FL 33432-3957 $2,500,000 Oct 2023 3,448 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
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