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Property profile & analytics
OFF-MARKET Estimated value $1,560,000
Medical Office Space

230 George Bush Blvd Delray Beach, FL 33444-4058

7,493 SF 0.46 ac lot Built 1959
Entity Owned 27-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-5339609
Property summary
AI-generated overview

This exceptional mixed-use property, located at 230 George Bush Boulevard in Delray Beach, Florida, presents a unique investment opportunity. Built in 1959, this three-story building boasts over 9,000 usable square feet, encompassing a luxurious residential loft and a Class A commercial office space on the ground floor. The zoning allows for flexible use, enabling the property to function entirely as a residence, entirely as an office, or a combination of both. The interior, designed by Emmy Blake, features eight bathrooms, three covered balconies, and a rooftop kitchen. The property also includes a significant advantage: nineteen parking spaces, including a climate-controlled, two-car garage ideal for collectors. Situated on a nearly half-acre lot at a highly visible location on George Bush Boulevard, this property serves as a prominent gateway to Delray Beach, offering unparalleled convenience to the ocean, restaurants, and shops. The asking price is $23,450,000. This turnkey property offers an unparalleled blend of luxury living and commercial potential in a prime Delray Beach location. The property consists of two units.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1959
Construction WOOD
Total area 7,493 SF
Lot 0.46 ac (20,086 SF)
Zoning code RO
APN 12-43-46-09-29-011-0230
UPID US18-5339609
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
  • Lumohs Surgical Products Wholesaler
  • William A. Sunshine Physician
  • Advanced Dermatologic Care Physician
  • Dr. Judith Hellman, M.D. | Florida Physician Medical Clinic
  • Deborah Saff MD at Hacker Dermatology Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.52M
Comparable Approach Comparable
$1.06M
Blend (final) Blend
$1.56M
Owner & transaction history
S&e Holdings INC · 27 yrs held
S&e Holdings INC
since 1998
5 recorded transactions
2026
Price N/A
2018
Price N/A
1998
$275,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
RO · Delray Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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