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Financial
Distress signals
Property profile

223 5th Ave Delray Beach, FL 33483

OFF-MARKET
Office buildings
Property ID
US18-2450782
4,050 SF 0.37 ac lot Built 1984
Last sale May 2000 · $315,000
Individually Owned Owner of record is an individual. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of functional office units designed with a mix of private offices, open work areas, and conference rooms. The units provide ground-level access for staff and visitors, supporting convenient entry without reliance on interior stair or elevator access.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$32k
Tax billed · 2023
Assessed value$1.73M
Assessed land$1.35M
Assessed improvement$377k
Effective rate1.84%

Value estimate

· Oct 2026
$1.38M
$1.24M – $1.51M
CAP approach$1.76M
Submarket $/SF estimate$1.04M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$471/SF
Submarket average, outlier-cleaned · 50 recorded sales of this use type
Observed band · Q1–Q3$278 – $724

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CBD
The Central Business District (CBD) is established to preserve and protect the cultural and historic aspects of downtown Delray Beach and...
General categoryCOMMERCIAL
JurisdictionPALM BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service10.1
Dry Cleaner9.6
Catering Service9.1

Location

223 5th Ave Delray Beach, FL 33483-5530
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
801 6th, Delray Beach, FL 33483-5185 $3,300,000 May 2025 9,044 SF
398 6th, Delray Beach, FL 33483-5517 $2,500,000 Oct 2024 4,754 SF
705 Bond, Delray Beach, FL 33483-5826 $2,150,000 Apr 2024 2,970 SF
541 6th, Delray Beach, FL 33483-5609 $1,500,000 Jan 2022 3,826 SF
1201 George Bush, Delray Beach, FL 33483-7284 $2,100,000 May 2021 3,984 SF
160 6th Avea1, Delray Beach, FL 33483-5264 $1,415,000 Mar 2021 2,823 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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