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Property profile & analytics
FOR SALE
Retail space
3415 S Federal Hwy Delray Beach, FL 33483
Individually Owned
2-yr Hold
Free & Clear
Property ID
US18-2726457
For Sale
1 / 7
$1,725,000
3415 S Federal Hwy, Delray Beach, FL 33483
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1960
Construction
CONCRETE
Total area
7,186 SF
Lot
0.6 ac (26,136 SF)
Zoning code
GC
APN
12-43-46-32-10-000-0690
UPID
US18-2726457
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
-
Boca Tackle and Marine Supply (Bike/Boat/Book/etc) Store
-
Agape Academy of Sciences High School Vocational School
-
Jerry's Casual Patio Furniture & Home Goods Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.87M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.73M
Owner & transaction history
Irene Dana Matthews · 2 yrs held
Irene Dana Matthews
since 2023
7 recorded transactions
Zoning & alternative use
GC · 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
by Request
CAP Approach
CAP Return
Estimation
6%
$2,025,000
6.5%
$1,870,000
7%
$1,735,000
Blend value · Realmo final
$1.73M
Range $1.55M – $1.90M · ±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
$240 / 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
$35,504
Tax year 2023
Assessed value
$1,829,964
Assessed 2023
Previous assessed
$1,716,064
+6.6% YoY
Effective rate
1.94%
On assessed value
Assessed land
$731,312
Assessed improvement
$1,098,652
Land market value
$731,312
Improvement market value
$1,098,652
Total market value
$1,829,964
Applied tax rate
12,984.0000
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
For Sale
Year built
1960
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
7,186 SF
Lot
0.6 ac (26,136 SF)
Zoning code
GC
APN
12-43-46-32-10-000-0690
UPID
US18-2726457
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
GC · Delray Beach, FL
Zoning GC · permitted uses
GC · 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
1960
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.6 ac
Current owner
From public records · entity-resolved
Irene Dana Matthews
Individual
Free & Clear · 2 yrs held
Mailing address
1835 S OCEAN BLVD APT G, DELRAY BEACH, FL 33483-6536
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 27, 2023
—
Irene Dana Matthews
Guldana LLC
Correction Deed
related
—
Sep 21, 2023
—
Irene Dana Matthews
Irene Dana Matthews
Intrafamily Transfer
related
—
Jun 1, 2023
—
Guldana LLC
Agape Academy Of Sciences LLC
Correction Deed
related
—
Feb 21, 2023
—
Guldana LLC
Agape Academy Of Sciences LLC
Correction Deed
related
—
Oct 6, 2021
—
Guldana LLC
Agape Academy Of Sciences LLC
Quit Claim Deed
related
—
Jan 17, 2020
$1,935,000
Agape Academy Of Sciences LLC
Jsr Property Holdings LLC
Warranty Deed
$135,000 · Jsr Prop Hldgs LLC
Apr 17, 2017
—
Jsr Property Holdings LLC
—
Deed
related
$420,000 · Centennial Bk
Feb 21, 2017
$840,000
Jsr Property Holding LLC
Casual Patio INC
Warranty Deed
$336,000 · Centennial Bank
Jun 10, 2000
$825,000
Casual Patio INC
Foster,elizabeth K
Grant Deed
$412,500 · American National Bank & Trust
—
—
Jsr Property Holdings LLC
—
Loan Modification
related
$336,000 · Centennial Bk
—
—
Jsr Property Holdings LLC
—
Deed Of Trust
related
$420,000 · Centennial Bk
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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