Technical
Financial
Distress signals
Property profile

1813 Tamarind Ave West Palm Beach, FL 33407

FOR SALE
Retail space
Property ID
US18-0337371
3,136 SF 0.1 ac lot Built 1963
Entity Owned 1-yr Hold Free & Clear
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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

Current use

Occupant on record · Public records
  • Grocery & Convenience Store

Location

1813 Tamarind Ave West Palm Beach, FL 33407
West Palm Beach metro Census 2200 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
$680k
Comparable Approach Comparable
$732k
Blend (final) Blend
$100k

Owner & transaction history

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
Zoning description

sub-district requirements. Sec. 94-230. - Coleman Park Historic District neighborhood commercial (CP-H NC) development characteristics and sub-district requirements. Sec. 94-231. - Coleman Park neighborhood commercial (C…

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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