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Property profile & analytics

45 2nd Ave Delray Beach, FL 33444-3701

  • Retail space
  • 10,800 SF
  • 0.40 lot acres
OFF-MARKET
Value Estimation
$29,660,000
Last Sale
Aug 10, 2022
$30,000,000
Location Intelligence
Property ID
US18-2825770
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

  • Mike - Barber At PurStrands Delray / Barber Shop
  • Bustle & Brew Coffee Company / Coffee Shop
  • PurLife Cafe / Salad Shop / Vegan Restaurant
  • PurLife Fitness Center / Juice Shop / Fitness Center
  • The Art Of Hair / Hair Salon

Property Details for 45 2nd Ave

Year built
1961
Construction
WOOD
Lot size
0.40 lot acres
Property size
10,800 SF
Zone code
CBD
Property type
Retail space
APN
12-43-46-16-C8-000-0020
APU
12434616C80000020

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $28,765,000
  • CAP approach

    CAP return
    Estimation
    6%
    $27,430,000
    6.5%
    $26,965,000
    7%
    $29,370,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $32,780,000
    Geo Method
    $32,630,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $33,440,000
    Retail
    $30,300,000
    Mixed-Use
    $25,000,000
    Hospitality
    $34,455,000
    Educational
    $28,960,000
    Residential Income
    $30,565,000
    Energy
    $32,885,000
    Income-Based Land
    $28,085,000
    Food Service
    $34,115,000

Location Insight

  • Map
  • Local Demand
City
Delray Beach
County
Palm Beach
State
Florida
Longitude
-80.0709
Latitude
26.4628
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
$65,493
$1,838,445
$1,276,402
$3,114,847
-
$1,838,445
$1,276,402
$3,114,847
More about this property
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