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    3200 Federal Hwy Delray Beach, FL 33483-3260

    • Drug stores
    • 14,362 SF
    • 1.62 lot acres
    OFF-MARKET
    Value Estimation
    $10,540,000
    Last Sale
    Jun 22, 2020
    $8,100,000
    Location Intelligence
    Property ID
    US18-3884547
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Walgreens Pharmacy / Pharmacy
    • FedEx OnSite / Mailing Service
    • LibertyX Bitcoin ATM / Atm
    • Coinhub Bitcoin ATM Teller / Atm
    • Western Union / Money Transfer Service

    Property Details for 3200 Federal Hwy

    Year built
    2001
    Construction
    CONCRETE
    Lot size
    1.62 lot acres
    Property size
    14,362 SF
    Zone code
    PC
    Property type
    Drug stores
    APN
    12-43-46-29-40-002-0000
    APU
    12434629400020000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $11,510,000

    • CAP approach

      CAP return
      Estimation
      6%
      $8,125,000
      6.5%
      $7,640,000
      7%
      $7,685,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $8,025,000
      Geo Method
      $9,215,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $8,165,000
      Retail
      $8,585,000
      Mixed-Use
      $9,390,000
      Hospitality
      $8,735,000
      Educational
      $9,070,000
      Residential Income
      $7,340,000
      Energy
      $7,775,000
      Income-Based Land
      $7,300,000
      Food Service
      $7,850,000

    Location Insight

    • Map
    • Local Demand
    City
    Delray Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0741
    Latitude
    26.4245
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $80,239
    $2,001,433
    $2,019,730
    $4,021,163
    -
    $2,001,433
    $2,019,730
    $4,021,163

    Comparable in this City

    • Value Estimation by Request
      13,658 SF

      430 6th Ave

      DRUG STORE, PHARMACY • 13,658 SF
      430 6th Ave, Delray Beach, FL 33483-5608
      View Details
    • Value Estimation by Request
      14,971 SF

      1015 Federal Hwy

      DRUG STORE, PHARMACY • 14,971 SF
      1015 Federal Hwy, Delray Beach, FL 33483-5131
      View Details
    • Value Estimation
      $10,255,000
      15,616 SF

      700 6th Ave

      DRUG STORE, PHARMACY • 15,616 SF
      700 6th Ave, Delray Beach, FL 33483-5702
      View Details
    • Value Estimation by Request
      4,550 SF

      820 5th Ave

      SHOW ROOM, WAREHOUSE • 4,550 SF
      820 5th Ave, Delray Beach, FL 33483-5107
      View Details
    • Value Estimation by Request
      7,195 SF

      47 5th Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,195 SF
      47 5th Ave, Delray Beach, FL 33483-5301
      View Details
    • Value Estimation by Request
      6,038 SF

      1551 Federal Hwy

      RETAIL STORES (PERSONAL SERVICES) • 6,038 SF
      1551 Federal Hwy, Delray Beach, FL 33483-5923
      View Details

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      Mixed-Use Development Opportunity, Delray Beach

      1.71-acre mixed-use site with approved plans in Delray Beach.
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    Similar Nearby for Lease

    • Contact for pricing
      2,130 SF

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      Built-out medspa space in East Delray Beach for rent.
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      Retail property in a high-traffic Delray Beach location.
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      Retail Space on Federal Highway

      Retail space available on North Federal Highway in Delray Beach.
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    • $2,790,000
      3,000 SF

      Delray Beach Commercial Property For Rent

      Commercial property in Delray Beach available for rent.
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    • $6,500 /Mo

      Renovated Storefront in Prime Location

      Renovated storefront with parking in a prime location.
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      View Details
    • $35 SF/Yr
      900 SF

      Retail Space in Delray Beach

      900 SF retail space available for rent in Delray Beach.
      851 SE 6Th Ave, Delray Beach, FL 33483
      View Details
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    3200 Federal Hwy
    Delray Beach, FL 33483-3260
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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