Financial
Distress signals
Property profile

50 SE 4Th Ave Delray Beach, FL 33483

FOR SALE
Commercial land
Property ID
US18-4101680
2,619 SF 0.12 ac lot Built 1969
Last sale Jun 2016 · $1,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A newly constructed freestanding restaurant building delivered as a clean shell and intended for an open-concept interior buildout. The layout features high ceilings, floor-to-ceiling windows, and abundant natural light, with expansive glass storefronts and direct street exposure provided by corner frontage. The property is located in Downtown Delray Beach’s Central Business District (CBD), approximately one block from Atlantic Avenue, and includes nearby public parking with dedicated ADA…

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?
$14k
Tax billed · 2023
Assessed value$677k
Assessed land$677k
Effective rate2.01%

Value estimate

· Sep 2026
$490k
$441k – $539k
AI approach$440k
NOI build-up
Gross scheduled income$100k
Vacancy & credit loss−$7k
Operating expenses−$23k
NOI · 1.33% cap applied$70k

Realmo valuation models over county records and 9 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 comparables9

Cap rate analysis

How does the asset earn?
1.33%
$70k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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 Service9.6
Dry Cleaner8.8
Butcher8.5

Location

50 SE 4Th Ave Delray Beach, FL 33483
County assessor Recorded deeds · 5 transfers 9 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
307 5th, Delray Beach, FL 33483-5532 $1,950,000 Feb 2022 2,566 SF
2601 Federal, Delray Beach, FL 33483-6128 $10,000,000 Sep 2021 2,207 SF
2515 Federal, Delray Beach, FL 33483-6130 $10,000,000 Sep 2021 3,163 SF
302 5th, Delray Beach, FL 33483-5209 $3,900,000 Mar 2021 2,444 SF
318 5th, Delray Beach, FL 33483-5273 $3,900,000 Mar 2021 1,950 SF
325 5th, Delray Beach, FL 33483-5532 $1,800,000 Oct 2019 3,575 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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