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Financial
Distress signals
Property profile

2460 1st Ave 1 Boca Raton, FL 33431

OFF-MARKET
Distribution centers
Property ID
US18-0103148
2,340 SF Built 1965
Last sale Oct 2013 · $210,000
Trust Owned Owner of record is a trust. 13-yr Hold Held for 13 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 1,800 square foot warehouse, one of only three in a freestanding building, is ideally situated in the heart of Boca Raton. Boasting a neat, well-lit open space approximately 30 feet wide by 59 feet long, it features 18-foot high ceilings (16 feet clear). The property includes an epoxy floor, LED lighting, impact windows, and a remodeled restroom. Access is provided by a power-lift 10' x 12' high hurricane-rated overhead door. The electrical system is a 220 VAC 200 AMP…

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?
$6k
Tax billed · 2023
Assessed value$342k
Assessed improvement$342k
Effective rate1.75%

Value estimate

· Oct 2026
$295k
$266k – $325k
CAP approach$470k
Submarket $/SF estimate$532k

Realmo valuation models over county records and 19 qualifying comparable sales.

Recently sold

What actually traded nearby?
$342/SF
County average, outlier-cleaned · 342 recorded sales of this use type
Observed band · Q1–Q3$195 – $629
Qualifying comparables19

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPALM BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store11.1
Hotel & Motel11.0
Veterinary Clinic9.8

Location

2460 1st Ave, Unit 1 Boca Raton, FL 33431-6612
County assessor Recorded deeds · 5 transfers 19 qualifying comp sales Zoning catalog · not on file

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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4201 Oak Cir, Boca Raton, FL 33431-4237 $300,000 May 2025 1,375 SF
3850 2nd Ave, Boca Raton, FL 33431-5865 $400,000 Mar 2025 957 SF
4724 2nd, Boca Raton, FL 33431-4153 $1,700,000 Aug 2022 960 SF
456 35th, Boca Raton, FL 33431-5708 $991,000 May 2021 2,613 SF
700 Banyan, Boca Raton, FL 33431-5609 $31,400,000 Feb 2020 172,360 SF
4301 Oak Cir, Boca Raton, FL 33431-4257 $200,000 Dec 2018 1,000 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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