Technical
Financial
Distress signals
Property profile

404 10th Ave Ste A Boynton Beach, FL 33435

OFF-MARKET
Retail space
Property ID
US18-1259041
4,429 SF 0.24 ac lot Built 1960
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional special purpose property, located at 404 NE 10th Avenue in Boynton Beach, Florida, presents a unique investment opportunity. The property boasts a single tenant occupancy within a 700 square foot building, offering simplicity and ease of management. Situated on a lot with a size of 0 square feet, the property's zoning is classified as R2(cit). The property's address is verified as 404 NE 10th Avenue, Boynton Beach, FL 33435, with coordinates 26.5357566 latitude and -80.0593967 longitude. The property identification number (APN) is 08434521040000030. This single-suite building is ideal for an investor seeking a low-maintenance, straightforward investment in a desirable Florida location. The property's special purpose nature offers flexibility for a variety of uses, subject to local zoning regulations. Further due diligence is recommended to fully understand the property's potential and suitability for intended purposes. This is a rare opportunity to acquire a well-located, single-tenant property in Boynton Beach. Contact us today to learn more.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1960
Construction CONCRETE
Total area 4,429 SF
Lot 0.24 ac (10,254 SF)
Zoning code C2
APN 08-43-45-21-04-000-0030
UPID US18-1259041

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Consultant

Location

404 10th Ave Ste A Boynton Beach, FL 33435-3295
Boynton Beach metro Census 6100 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$493k
Blend (final) Blend
$375k

Owner & transaction history

since 2019
3 recorded transactions
2019
$4.0M
2014
$2.0M
2014
$950,432

Zoning & alternative use

C2 · Boynton Beach, FL
Zoning description

AL ZONING DISTRICT - Whenever the words "commercial district" or "commercial zoning district" are used, they are construed to include any or all of the following zoning districts: C-1 office and professional commercial;…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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