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Property profile & analytics
OFF-MARKET
Estimated value
$8,400,000
Retail space
2215 Hillsboro Blvd 2265, Deerfield Beach, FL 33442-1108
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US18-4588172
Property summary
AI-generated overview
This exceptional single-tenant retail space, located at 2215 W Hillsboro Blvd in Deerfield Beach, Florida, presents a unique investment opportunity. The property, built in 1982, boasts a total of 3,700 square feet on a single story, with 500 square feet currently vacant. The zoning is B-1, allowing for a variety of uses. The property's APN is 484202030010. Its ideal location makes it suitable for a range of businesses, including a delicatessen, insurance office, coffee shop, small auto parts store, or even a medical office. The existing patio area offers additional space, potentially increasing the usable area by 500 square feet at no extra cost. This space is easily adaptable to accommodate live music events. The property is readily available for viewing. This is a fantastic chance to acquire a well-situated retail property in a thriving Florida community. The property is conveniently located in Deerfield Beach, FL, zip code 33442, offering easy access to major transportation routes and a strong customer base. This single-suite building presents a straightforward and efficient investment opportunity.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1981
Construction
CONCRETE
Total area
43,791 SF
Lot
4.12 ac (179,401 SF)
Zoning code
B-1
APN
48-42-02-03-0010
UPID
US18-4588172
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
$8.40M
Owner & transaction history
2201 Realty LLC · 8 yrs held
2201 Realty LLC
since 2017
3 recorded transactions
Zoning & alternative use
B-1 · Deerfield Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Deerfield Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Deerfield Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$13,060,000
Current use
Blend value · Realmo final
$8.40M
Range $7.56M – $9.24M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$192 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$210,567
Tax year 2023
Assessed value
$9,351,260
Assessed 2023
Previous assessed
$8,202,880
+14.0% YoY
Effective rate
2.25%
On assessed value
Assessed land
$2,152,810
Assessed improvement
$7,198,450
Land market value
$2,152,810
Improvement market value
$7,198,450
Total market value
$9,351,260
Applied tax rate
1,112.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1981
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
2
Total area
43,791 SF
Lot
4.12 ac (179,401 SF)
Zoning code
B-1
APN
48-42-02-03-0010
UPID
US18-4588172
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-1 · Deerfield Beach, FL
Zoning B-1 · permitted uses
B-1 · Deerfield Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Deerfield Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$13.1M
RETAIL STORES Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1981
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Buildings
2
Lot
4.12 ac
Current owner
From public records · entity-resolved
2201 Realty LLC
Entity
Mailing address
3101 W HALLANDALE BCH BLVD STE #106, HALLANDALE BEACH, FL 33009-5154
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 14, 2017
$12,750,000
2201 Realty LLC
Bref Hillsboro LLC
Grant Deed
$6,825,000 · Wilmington Tr N #2015-c28 (ce)
Apr 3, 2015
$10,500,000
Bref Hillsboro LLC|dhanya Of Miami INC
Kenneth Israel Shoppes Of Hillsbo
Grant Deed
$6,825,000 · Rialto Mtg Fin
Aug 2, 2005
$9,000,000
Kenneth Israel Shoppes Of Hillsbo
Shoppes Of Hillsboro II INC
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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