Property profile

514 Ocean Ave Boynton Beach, FL 33426

OFF-MARKET
Office buildings
Property ID
US18-5714958
1,000 SF 6.75 ac lot Built 2020
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 2020
Construction WOOD
Total area 1,000 SF
Lot 6.75 ac (293,891 SF)
Zoning code M1
APN 08-43-45-28-47-001-0000
UPID US18-5714958

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
  • Parking Lot & Garage
  • Loan Service
  • Storage Facility

Location

514 Ocean Ave Boynton Beach, FL 33426-4383
Boynton Beach metro Census 6201 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.64M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$10.85M

Owner & transaction history

since 2023
Last sale
$12.2M
2 recorded transactions
2023
$12.2M
2015
$700,000

Zoning & alternative use

M1 · Boynton Beach, FL
Zoning description

dential districts, additional floor area and/or expansions to nonconforming buildings and structures are allowed, provided that the development meets all district setbacks. In non-residential zoning districts, excluding…

General category INDUSTRIAL

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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