1813 Tamarind Ave West Palm Beach, FL 33407-6235
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.
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C & S Sundries Grocery & Convenience Store
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CP-NC · West Palm Beach, FLWest Palm Beach. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.