1865 Tamarind Ave West Palm Beach, FL 33407-6235
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.
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.