2875 Ocean Blvd Palm Beach, FL 33480-5590
This exceptional 1,417 square foot special purpose property, located at 2875 S Ocean Boulevard in Palm Beach, Florida, presents a unique investment opportunity. Built in 1982, this single-unit building is ideally suited for a salon business, offering ample space for hair stylists, barbers, and nail technicians. Its prime location offers unmatched accessibility, just minutes from major highways and the beautiful beach. The property boasts abundant parking, a significant advantage for both clients and staff. The existing layout provides a solid foundation for customization, allowing for the creation of a truly unique and personalized salon environment. The property's 0 square foot lot size reflects its existing building footprint, maximizing usable space. This is a rare chance to acquire a turn-key operation in a high-demand area, perfect for established professionals or aspiring entrepreneurs seeking to establish a thriving salon business. The asking price is $165,000. The property's zip code is 33480. This is an exceptional opportunity to own a thriving business in a highly desirable location. Don't miss this chance to own your own salon in Palm Beach.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-TS · Palm Beach, FLPalm Beach. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.