Financial
Distress signals
Property profile

265 NE 5Th Ave Delray Beach, FL 33444

FOR SALE
Other commercial real estate
Property ID
US18-3668056
1,449 SF 0.18 ac lot Built 1925
Last sale May 2023 · $900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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265 NE 5Th Ave, Delray Beach, FL 33444 For Sale
$1,900,000 1,449 SF
265 NE 5Th Ave, Delray Beach, FL 33444
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Property summary

AI-generated overview

The property is a specialty-use building constructed in 1925, with an established building footprint suitable for non-traditional or specialty configurations. It is located at 265 NE 5th Ave, Delray Beach, Florida 33483, in an area characterized by bike and walking accessibility, reflected by a BikeScore of 69 and a walkScore of 66. Specific interior layout, operating systems, or tenant improvements are not provided in the available description.

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?
$20k
Tax billed · 2023
Assessed value$1.14M
Assessed land$1.00M
Assessed improvement$135k
Effective rate1.75%

Value estimate

· Sep 2026
$800k
$720k – $880k
AI approach$795k
Sales comparison$554k
NOI build-up
Gross scheduled income$66k
Vacancy & credit loss−$15k
Operating expenses−$13k
NOI · 2.02% cap applied$38k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$1,229/SF
ZIP average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$554 – $2,323
Qualifying comparables5

Cap rate analysis

How does the asset earn?
2.02%
$38k 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?
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

265 NE 5Th Ave Delray Beach, FL 33444
County assessor Recorded deeds · 4 transfers 5 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 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
904 5th, Delray Beach, FL 33483-5109 $1,200,000 Mar 2025 1,913 SF
1200 Atlantic, Delray Beach, FL 33483-6949 $6,800,000 Feb 2024 2,036 SF
102 6th, Delray Beach, FL 33483-5423 $1,800,000 Aug 2023 1,443 SF
534 5th, Delray Beach, FL 33483-5635 $1,280,000 Jun 2023 1,254 SF
511 3rd, Delray Beach, FL 33483-5501 $720,000 Nov 2021 1,232 SF
213 2nd, Delray Beach, FL 33483-4546 $210,000 May 2021 1,280 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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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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