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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Retail space
301 1st St Delray Beach, FL 33483-4519
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-2020881
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1948
Construction
WOOD
Total area
2,217 SF
Lot
0.23 ac (10,197 SF)
Zoning code
CBD
APN
12-43-46-16-01-091-0040
UPID
US18-2020881
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
-
F45 Training Delray Beach Gym & Fitness Center
-
alexa Barretto Wine Store Specialty Food Shop Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$495k
CAP Approach
CAP
$575k
Comparable Approach
Comparable
$881k
Blend (final)
Blend
$650k
Owner & transaction history
Twj 301 LLC · 2 yrs held
Twj 301 LLC
since 2024
7 recorded transactions
Zoning & alternative use
CBD · Delray Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Delray Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Delray Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$495,000
CAP Approach
CAP Return
Estimation
6%
$625,000
6.5%
$575,000
7%
$535,000
Blend value · Realmo final
$650k
Range $585k – $715k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$293 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$32,737
Tax year 2023
Assessed value
$1,625,020
Assessed 2023
Previous assessed
$1,537,300
+5.7% YoY
Effective rate
2.01%
On assessed value
Assessed land
$1,284,696
Assessed improvement
$340,324
Land market value
$1,284,696
Improvement market value
$340,324
Total market value
$1,625,020
Applied tax rate
88,987.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1948
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
2,217 SF
Lot
0.23 ac (10,197 SF)
Zoning code
CBD
APN
12-43-46-16-01-091-0040
UPID
US18-2020881
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CBD · Delray Beach, FL
Zoning CBD · permitted uses
CBD · Delray Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Delray Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1948
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Twj 301 LLC
Entity
Mailing address
1100 W COMMERCIAL BLVD STE #100, FORT LAUDERDALE, FL 33309-3748
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 15, 2024
$5,500,000
Twj 301 LLC
1st Avenue Capital 301 Propco LLC
Special Warranty Deed
—
Aug 29, 2023
—
1st Avenue Capital 301 Propco LLC
1st Avenue Capital 301 LLC
Deed
related
—
Jul 17, 2023
—
Irish Properties Of Florida INC
—
Deed
related
$2,635,000 · Us Century Bank
Aug 4, 2021
—
Irish Properties Of Florida INC
—
Deed
related
$1,400,000 · Wells Fargo Bank NA
Dec 18, 2019
$1,875,000
Irish Prop Of Florida INC
301 Ne 1st St LLC
Warranty Deed
—
Feb 26, 2019
$1,500,000
301 Ne 1st St LLC
Steve Dolan
Warranty Deed
$650,000 · Paradise Bank
Apr 27, 2018
$3,570,000
1st Avenue Capital 301 LLC
301 Se 1st Ave Db Fl LLC
Grant Deed
$1,985,000 · Bi 31 LLC
—
—
Steve Dolen
—
Deed Of Trust
related
$262,963 · Palm Bch Cmnty Bk
—
—
Steve Dolen
—
Deed Of Trust
related
$21,501 · Individual
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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