Property profile

59 4th Ave Delray Beach, FL 33483

OFF-MARKET
Investment properties
Property ID
US18-0944879
3,680 SF 1.7 ac lot Built 1950
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1950
Construction STEEL FRAME
Total area 3,680 SF
Lot 1.7 ac (73,865 SF)
Zoning code CBD
APN 12-43-46-16-01-101-0102
UPID US18-0944879

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
  • Hair Salon

Location

59 4th Ave Delray Beach, FL 33483-4513
Delray Beach metro Census 6502 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$37.50M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$37.50M

Owner & transaction history

since 2024
Last sale
$37.5M
5 recorded transactions
2024
$37.5M
2017
$2.3M
2009
Price N/A
2005
Price N/A
2002
$570,000

Zoning & alternative use

CBD · Delray Beach, FL
Zoning description

The Central Business District (CBD) is established to preserve and protect the cultural and historic aspects of downtown Delray Beach and simultaneously provide for the stimulation and enhancement of the vitality and eco…

General category COMMERCIAL

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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