Financial
Distress signals
Property profile

450 Atlantic Ave Delray Beach, FL 33483

OFF-MARKET
Commercial real estate
Property ID
US18-3581797
1,886 SF 0.03 ac lot Built 1912
Last sale May 2024 · $2,474,226
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 1,000-square-foot retail space is ideally situated at 450 W Atlantic Ave in the vibrant city of Delray Beach, Florida. Located in Palm Beach County, this single-tenant property offers a fantastic opportunity for businesses seeking high visibility and foot traffic. The building boasts a total of 1,000 square feet, all of which is currently vacant and ready for immediate occupancy. The property sits on a sizable 0.35-acre lot, providing ample space and potential for outdoor…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$37k
Tax billed · 2023
Assessed value$2.01M
Assessed land$1.62M
Assessed improvement$382k
Effective rate1.86%

Value estimate

· Oct 2026
$645k
$581k – $710k
AI approach$530k
CAP approach$500k
Submarket $/SF estimate$898k

Realmo valuation models over county records and 38 qualifying comparable sales.

Recently sold

What actually traded nearby?
$1,229/SF
ZIP average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$554 – $2,323
Qualifying comparables38

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CBD
The Central Business District (CBD) is established to preserve and protect the cultural and historic aspects of downtown Delray Beach and...
General categoryCOMMERCIAL
JurisdictionPALM BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service10.5
Dry Cleaner9.7
Laundromat8.8

Location

450 Atlantic Ave Delray Beach, FL 33483-4537
County assessor Recorded deeds · 2 transfers 38 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1190 Dixie, Delray Beach, FL 33483-3442 $1,230,000 Feb 2026 2,695 SF
904 5th, Delray Beach, FL 33483-5109 $1,200,000 Mar 2025 1,913 SF
1200 Atlantic, Delray Beach, FL 33483-6949 $6,800,000 Feb 2024 2,036 SF
102 6th, Delray Beach, FL 33483-5423 $1,800,000 Aug 2023 1,443 SF
265 5th, Delray Beach, FL 33483-5530 $900,000 May 2023 1,449 SF
235 5th, Delray Beach, FL 33483-5557 $2,150,000 Jan 2022 2,309 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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