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Property profile & analytics
OFF-MARKET
Commercial real estate

202 Palm Ct Delray Beach, FL 33444

4,460 SF Built 1949
Property ID
US18-4507596
Property summary
AI-generated overview

This exceptional 4,460-square-foot office building, located at 202 Palm Court in the desirable Del Ida Park area of Delray Beach, Florida, is offered at $2,100,000. Built in 1949, this single-unit property sits on a substantial lot, offering ample parking. The RO (Residential Office) zoning allows for a variety of professional uses, making it an ideal investment opportunity. Envision a thriving daycare center, or any number of professional businesses taking advantage of this spacious building and convenient location. Its central location provides excellent access to all areas of Delray Beach. The property presents a significant opportunity for an investor seeking a versatile commercial space in a highly sought-after Florida location. The building's size and ample parking make it a particularly attractive option for businesses requiring substantial space and convenient parking for clients and employees. This is a rare chance to acquire a well-situated commercial property in a vibrant and growing community. The substantial lot size offers potential for future expansion or development, adding further value to this already compelling investment.

Property profile
Verified
Property type Commercial real estate
Year built 1949
Total area 4,460 SF
UPID US18-4507596
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
  • Sipporta Hotel & Motel Hostel
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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