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Property profile & analytics
OFF-MARKET Estimated value $6,920,000
Office buildings

2875 Ocean Blvd Palm Beach, FL 33480-5590

30,505 SF 2.2 ac lot Built 1982
Entity Owned 2-yr Hold Free & Clear
Property ID
US18-8578704
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1982
Construction WOOD
Total area 30,505 SF
Lot 2.2 ac (95,832 SF)
Zoning code C-TS
APN 50-43-44-23-00-002-0190
UPID US18-8578704
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
  • Living The Dream Marriage Or Relationship Counselor Counselor
  • Hutchinson Family Offices Financial Advisor
  • Acqua Cafe Restaurant
  • Symphony Workplaces -Palm Beach Real Estate Agency
  • Steven A Cohen Pa Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.44M
Blend (final) Blend
$6.92M
Owner & transaction history
2875 Ocean LLC · 2 yrs held
2875 Ocean LLC
since 2024
7 recorded transactions
2025
Price N/A
2024
Price N/A
2023
$15.0M
2013
$9.5M
2010
$3.1M
2001
$5.6M
1969
Price N/A
Zoning & alternative use
C-TS · Palm Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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