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Property profile & analytics
OFF-MARKET Estimated value $705,000
Retail space

1813 Tamarind Ave West Palm Beach, FL 33407-6235

3,136 SF 0.1 ac lot Built 1963
Entity Owned 1-yr Hold Free & Clear
Property ID
US18-0337371
Property summary
AI-generated overview

This unique West Palm Beach investment opportunity presents a combined retail and residential property at 1813 N Tamarind Ave, 33407. The property features a convenience store currently operating under a 10-year lease (year 2), offering immediate income generation. The asking price for this established business is $749,000. Additionally, a 5-bedroom, 2-bathroom apartment is included, approved for housing vouchers and commanding a monthly rent of $2200. This provides a strong secondary income stream. Finally, a vacant storefront of approximately 615 square feet is available for lease at $1500 per month, NNN. This space presents significant potential for additional rental income or expansion of the existing convenience store. The property is zoned NC (city) and has an APN of 74434316090001520. The building is a single-suite structure without elevators. This mixed-use property offers a compelling blend of established income and significant upside potential, making it an attractive investment in a thriving Florida market. The property's location in West Palm Beach provides easy access to major transportation routes and a dense population base. This is a rare opportunity to acquire a multi-faceted income-producing asset in a desirable location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1963
Construction WOOD
Total area 3,136 SF
Lot 0.1 ac (4,212 SF)
Zoning code CP-NC
APN 74-43-43-16-09-000-1520
UPID US18-0337371
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
  • C & S Sundries Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$680k
Comparable Approach Comparable
$732k
Blend (final) Blend
$705k
Owner & transaction history
Coleman Park II LLC · 1 yrs held
Coleman Park II LLC
since 2025
Last sale
$699,900
5 recorded transactions
2025
$699,900
2022
$200,000
2015
Price N/A
2013
$90,000
2003
$139,000
Zoning & alternative use
CP-NC · West Palm Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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