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    Property profile & analytics

    502 3rd St Boynton Beach, FL 33435-3832

    • Auto shops
    • 3,000 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    $330,000
    Location Intelligence
    Property ID
    US18-4008978
    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

    • Last Stop Auto Service Plus / Auto Repair Shop
    • One Stop Auto / Car Repair And Maintenance Service
    • National Transmissions & Auto Care Centers / Auto Repair Shop / Car Repair And Maintenance

    Property Details for 502 3rd St

    Year built
    1956
    Construction
    WOOD
    Lot size
    0.17 lot acres
    Property size
    3,000 SF
    Zone code
    M1
    Property type
    Auto shops
    APN
    08-43-45-21-18-000-0490
    APU
    8434521180000490

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $320,000

    • CAP approach

      CAP return
      Estimation
      6%
      $330,000
      6.5%
      $370,000
      7%
      $350,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $375,000
      Geo Method
      $330,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $375,000
      Retail
      $420,000
      Mixed-Use
      $435,000
      Hospitality
      $345,000
      Educational
      $390,000
      Residential Income
      $375,000
      Energy
      $340,000
      Income-Based Land
      $395,000
      Food Service
      $330,000

    Location Insight

    • Map
    • Local Demand
    City
    Boynton Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0601
    Latitude
    26.5309
    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
    $7,821
    $225,510
    $156,094
    $381,604
    -
    $225,510
    $156,094
    $381,604

    Comparable in this City

    • Value Estimation
      $255,000
      588 SF

      506 3rd St

      AUTO REPAIR, GARAGE • 588 SF
      506 3rd St, Boynton Beach, FL 33435-3832
      View Details
    • Value Estimation
      $340,000
      1,828 SF

      410 5th Ave

      AUTO REPAIR, GARAGE • 1,828 SF
      410 5th Ave, Boynton Beach, FL 33435-3872
      View Details
    • Value Estimation
      $410,000
      1,880 SF

      925 Federal Hwy

      AUTO REPAIR, GARAGE • 1,880 SF
      925 Federal Hwy, Boynton Beach, FL 33435-3224
      View Details
    • Value Estimation
      $385,000
      1,647 SF

      1319 Federal Hwy

      AUTO REPAIR, GARAGE • 1,647 SF
      1319 Federal Hwy, Boynton Beach, FL 33435-3232
      View Details
    • Value Estimation
      $580,000
      1,950 SF

      417 6th Ave

      AUTO REPAIR, GARAGE • 1,950 SF
      417 6th Ave, Boynton Beach, FL 33435-3877
      View Details
    • Value Estimation
      $370,000
      1,196 SF

      902 Federal Hwy

      AUTO REPAIR, GARAGE • 1,196 SF
      902 Federal Hwy, Boynton Beach, FL 33435-3225
      View Details

    Similar Nearby for Sale

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      Corner Lot on Federal Highway

      High-visibility corner lot suitable for retail or redevelopment.
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      Fully equipped restaurant with strong customer base and proven income.
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      Prime location near Boynton Beach's redeveloping city center.
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      Established Beauty Salon For Sale

      Thriving beauty salon with loyal clientele in high-traffic area.
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    Similar Nearby for Lease

    • Contact for pricing
      1,418 SF

      Retail Space in Riverwalk Plaza

      Retail space for lease in Boynton Beach's Riverwalk Plaza.
      630 E Woolbright Rd, Boynton Beach, FL 33435
      View Details
    • $925,000
      8,712 SF

      Boynton Beach Retail Opportunity

      High-visibility corner lot with drive-thru potential in Boynton Beach.
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    • Contact for pricing
      18,786 SF

      Prime Boynton Beach Retail Space

      18,786 SF Freestanding Building - Available Now
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    • Contact for pricing
      14,938 SF

      Boynton Beach Retail Space Available

      Retail spaces available in East Boynton Beach, Florida.
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    • $700 /Mo

      Boynton Beach Offices For Rent

      Offices with furnishings, utilities included, and 24/7 access.
      1200 S Federal Hwy, Boynton Beach, FL 33435
      View Details
    • $39 SF/Yr

      East Boynton Beach Office Space

      Well-maintained office building with private offices and dedicated parking.
      215 NW 3Rd St, Boynton Beach, FL 33435
      View Details
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    Boynton Beach, FL 33435-3832
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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