You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR SALE
Retail space

631 Northlake Blvd North Palm Beach, FL 33408

4,310 SF 0.47 ac lot Built 1962
Entity Owned 5-yr Hold Free & Clear
Property ID
US18-3498105
Property summary
AI-generated overview

This exceptional mixed-use property, located at 631 Northlake Blvd in North Palm Beach, Florida (zip code 33408), presents a unique investment opportunity. Boasting a prime waterfront location, this 4,310 square foot building combines a thriving marina with an established bait and tackle shop. Built in 1962, the property is offered at an asking price of $6,500,000. The single-unit structure sits on a lot with dimensions not specified in the provided information. The property's classification includes mixed-use, retail, and special purpose designations, making it suitable for a variety of uses. The existing bait and tackle shop comes complete with all inventory, providing a turnkey operation for a new owner. This owner/user investment opportunity is situated in the desirable Palm Beach County area, offering excellent access to the Intracoastal Waterway and the Atlantic Ocean. The property's waterfront position and established business provide significant potential for growth and profitability. The combination of marina and retail space creates a synergistic business model with established clientele. This is a rare chance to acquire a well-established waterfront business in a highly sought-after location. Serious inquiries are encouraged.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1962
Construction CONCRETE
Total area 4,310 SF
Lot 0.47 ac (20,417 SF)
Zoning code C-NB
APN 68-43-42-16-04-037-0152
UPID US18-3498105
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$470k
CAP Approach CAP
$935k
Comparable Approach Comparable
$670k
Blend (final) Blend
$695k
Owner & transaction history
George H Lott JR Holdings LLC · 5 yrs held
George H Lott JR Holdings LLC
since 2020
2 recorded transactions
2020
Price N/A
2008
Price N/A
Zoning & alternative use
C-NB · North Palm Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
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
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message