Financial
Distress signals
Property profile

230 George Bush Blvd Delray Beach, FL 33444

FOR SALE
Medical Office Space
Property ID
US18-5339609
7,493 SF 0.46 ac lot Built 1959
Last sale Nov 1998 · $275,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 27-yr Hold Held for 27 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$49k
Tax billed · 2023
Assessed value$2.71M
Assessed land$804k
Assessed improvement$1.90M
Effective rate1.81%

Value estimate

· Sep 2026
$1.56M
$1.40M – $1.72M
CAP approach$1.52M
Sales comparison$1.06M
NOI build-up
Gross scheduled income$413k
Vacancy & credit loss−$93k
Operating expenses−$80k
NOI · 1.34% cap applied$240k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$394/SF
County average, outlier-cleaned · 99 recorded sales of this use type
Observed band · Q1–Q3$266 – $612
Qualifying comparables3

Cap rate analysis

How does the asset earn?
1.34%
$240k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
RO
The Residential Office (RO) District provides for mixed use of a neighborhood office and residential nature and a transitional land use b...
General categoryMIXED_USE
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 Service9.8
Dry Cleaner9.4
Laundromat8.4

Location

230 George Bush Blvd Delray Beach, FL 33444
County assessor Recorded deeds · 5 transfers 3 qualifying comp sales 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 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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