Property profile

223 Peruvian Ave Palm Beach, FL 33480

OFF-MARKET
Office buildings
Property ID
US18-4067459
4,341 SF 0.14 ac lot Built 1986
Entity Owned 5-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1986
Construction CONCRETE
Total area 4,341 SF
Lot 0.14 ac (6,251 SF)
Zoning code C-TS
APN 50-43-43-23-05-010-0380
UPID US18-4067459

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Charitable Organization Social Service Agency

Location

223 Peruvian Ave Palm Beach, FL 33480-4635
Palm Beach metro Census 3513 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.89M
Comparable Approach Comparable
$1.62M
Blend (final) Blend
$1.52M

Owner & transaction history

since 2021
1 recorded transaction
2021
Price N/A

Zoning & alternative use

C-TS · Palm Beach, FL
Zoning description

The purposes of the C-TS town serving commercial district are to Create, preserve and enhance areas of attractive, small scale, retail, personal and professional or business services to be developed either as a unit or i…

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $2.1M +24.5%
Commercial (general) $2.0M +18.6%
Retail stores $1.7M +0.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 223 Peruvian Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message