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Property profile & analytics
OFF-MARKET
Commercial real estate

32 6Th Ave Delray Beach, FL 33444

3,000 SF
Property ID
US18-1824612
Property summary
AI-generated overview

This exceptional mixed-use property, located at 32 NW 6th Ave in Delray Beach, Florida, presents a unique investment opportunity. The 3,000 square foot lot offers both commercial and residential potential, currently configured as a single unit. Situated just off Atlantic Avenue, this property benefits from its proximity to ongoing redevelopment activities within the Community Redevelopment Agency (CRA) owned land surrounding it. This presents significant upside potential for future appreciation. The asking price is $800,000, translating to $266.67 per square foot. The property is being offered for sale by owner, who possesses a recent appraisal and is open to discussing flexible terms with qualified buyers. This is an owner-user investment opportunity ideal for those seeking a prime location in a rapidly developing area of Delray Beach, within Palm Beach County, zip code 33444. The property's strategic location and the surrounding redevelopment efforts make this a compelling investment prospect with substantial long-term growth potential. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial real estate
Total area 3,000 SF
UPID US18-1824612
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
  • La Tamaleria Colombiana Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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