Property profile

601 Atlantic Ave Delray Beach, FL 33444

OFF-MARKET
Retail space
Property ID
US18-1182479
4,901 SF 0.35 ac lot Built 1959
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1959
Construction WOOD
Total area 4,901 SF
Lot 0.35 ac (15,141 SF)
Zoning code CBD
APN 12-43-46-16-01-012-0020
UPID US18-1182479

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
  • Clothing & Fashion Store
  • Financial Advisor
  • Financial Advisor
  • Financial Advisor
  • Financial Advisor

Location

601 Atlantic Ave Delray Beach, FL 33444-2557
Delray Beach metro Census 6700 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2021
Last sale
$225,000
6 recorded transactions
2022
Price N/A
2021
Price N/A
2021
Price N/A
2020
Price N/A
2009
$225,000
1998
$150,000

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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