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Property profile & analytics
OFF-MARKET
Retail space

1865 Tamarind Ave West Palm Beach, FL 33407-6235

896 SF 0.09 ac lot Built 1947
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US18-3921228
Property summary
AI-generated overview

This exceptional mixed-use property in West Palm Beach, Florida, presents a unique investment opportunity. The single-standing building, totaling 906 square feet, sits on a 4,052 square foot lot and is ideally configured as a small café, complete with a kitchen, storage, restroom, and seating area. The property is being sold with the adjacent lot at 1181 N Tamarind Ave, adding an additional 4,050 square feet of land. This strategic acquisition offers significant potential for redevelopment or expansion. The area is experiencing substantial growth, with new multifamily construction underway and planned. Furthermore, the city recently approved a two-acre land parcel south of Tamarind Avenue for Vanderbilt University's new South Florida campus, promising further economic development and increased property values. This presents a compelling opportunity for a forward-thinking investor or developer. Detailed architectural plans and development reports are available upon request. The asking price for this prime West Palm Beach property is $450,000. Built in 1947, this property offers a blend of established character and immense future potential in a rapidly evolving neighborhood. Don't miss this chance to capitalize on the burgeoning growth of West Palm Beach.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1947
Construction WOOD
Total area 896 SF
Lot 0.09 ac (4,051 SF)
Zoning code CP-NC
APN 74-43-43-16-08-000-0790
UPID US18-3921228
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Five Seas LLC · 3 yrs held
Five Seas LLC
since 2022
Last sale
$278,200
7 recorded transactions
2022
$278,200
2022
$180,000
2019
Price N/A
2012
$30,000
2012
$24,200
2006
Price N/A
1987
$55,000
Zoning & alternative use
CP-NC · West Palm Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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