Technical
Financial
Distress signals
Property profile

618 Ocean Ave Boynton Beach, FL 33435

OFF-MARKET
Retail space
Property ID
US18-3107578
2,750 SF 0.34 ac lot Built 1957
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1957
Construction CONCRETE
Total area 2,750 SF
Lot 0.34 ac (15,002 SF)
Zoning code CBD
APN 08-43-45-27-04-000-0941
UPID US18-3107578

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
  • Property Management Company
  • Spa & Massage Center
  • Hair Salon Nail Salon

Location

618 Ocean Ave Boynton Beach, FL 33435-5005
Boynton Beach metro Census 6202 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$430k
CAP Approach CAP
$715k
Comparable Approach Comparable
$688k
Blend (final) Blend
$610k

Owner & transaction history

since 2017
6 recorded transactions
2020
Price N/A
2019
Price N/A
2017
$500,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CBD · Boynton Beach, FL
Zoning description

ning district" are used, they are construed to include any or all of the following zoning districts: C-1 office and professional commercial; C-2 neighborhood commercial; C-3 community commercial; C-4 general commercial;…

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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