Financial
Distress signals
Property profile

524 W Atlantic Ave Delray Beach, FL 33444

FOR SALE
Bars & Pubs
Property ID
US18-8579427
1,376 SF 0.1 ac lot Built 1956
Last sale Mar 2024 · $1,000,000
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

A freestanding commercial property of approximately 1,280 square feet with frontage on Atlantic Avenue in Delray Beach, positioned east of I-95 and west of Swinton Avenue, adjacent to the city amphitheater. The site is configured and zoned for stand-alone bar use and is subject to a 750-foot radius use restriction, intended to limit the placement of similar establishments within that distance. The building is described as currently operated as a freestanding bar (vacant sale condition noted in

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$12k
Tax billed · 2023
Assessed value$534k
Assessed land$234k
Assessed improvement$301k
Effective rate2.31%

Value estimate

· Sep 2026
$1.00M
$900k – $1.10M
AI approach$1.00M
NOI build-up
Gross scheduled income$35k
Vacancy & credit loss−$2k
Operating expenses−$8k
NOI · 2.24% cap applied$25k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$690/SF
County average, outlier-cleaned · 98 recorded sales of this use type
Observed band · Q1–Q3$383 – $1,205
Qualifying comparables3

Cap rate analysis

How does the asset earn?
2.24%
$25k 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: Veterinary Clinic
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Veterinary Clinic9.8
Dry Cleaner9.4
Convenience Store9.3

Location

524 W Atlantic Ave Delray Beach, FL 33444
County assessor Recorded deeds · 5 transfers 3 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 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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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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