Property profile

162 2nd Ave Delray Beach, FL 33444

OFF-MARKET
Strip malls
Property ID
US18-1270771
8,560 SF 0.31 ac lot Built 1948
Entity Owned Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1948
Construction CONCRETE
Total area 8,560 SF
Lot 0.31 ac (13,477 SF)
Zoning code CBD
APN 12-43-46-16-01-075-0101
UPID US18-1270771

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
  • General Contractor Renovation Specialist
  • Gym & Fitness Center

Location

162 2nd Ave Delray Beach, FL 33444-3704
Delray Beach metro Census 6502 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.44M

Owner & transaction history

since 2025
Last sale
$8.1M
2 recorded transactions
2025
$8.1M
2020
$3.8M

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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