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Property profile & analytics
OFF-MARKET
Estimated value
$3,430,000
Office buildings
801 6th Ave Delray Beach, FL 33483-5185
Entity Owned
Free & Clear
Property ID
US18-4452985
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1980
Construction
CONCRETE
Total area
9,044 SF
Lot
0.69 ac (30,109 SF)
Zoning code
CBD
APN
12-43-46-21-04-002-0010
UPID
US18-4452985
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
Current use
Occupant on record · Public records
-
Freedom Chiropractic Alternative Medicine Practice
-
Dr. Jacob Elefant, DDS Dental Office
-
Snellman Construction Construction Company General Contractor
-
Eric Bjerke Alternative Medicine Practice
-
Jayson Scott Hartman Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.94M
Comparable Approach
Comparable
$3.19M
Blend (final)
Blend
$3.43M
Owner & transaction history
Centennial Investments Dlabh LLP
Centennial Investments Dlabh LLP
since 2025
Last sale
$3.3M
6 recorded transactions
Zoning & alternative use
CBD · Delray Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.5M
+4.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Delray Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Delray Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,260,000
6.5%
$3,935,000
7%
$3,655,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,255,000
Current use
AUTO REPAIR, GARAGE
$4,465,000
Change: +5% · Conversion: Difficult
MEDICAL BUILDING
$3,565,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$3.43M
Range $3.09M – $3.77M · ±10% · vs last sale $3.30M (May 19 2025)
Last sale anchor
$3.30M
May 19 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$379 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$43,521
Tax year 2023
Assessed value
$2,436,834
Assessed 2023
Previous assessed
$2,309,206
+5.5% YoY
Effective rate
1.79%
On assessed value
Assessed land
$1,580,618
Assessed improvement
$856,216
Land market value
$1,580,618
Improvement market value
$856,216
Total market value
$2,436,834
Applied tax rate
12,984.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1980
Construction
CONCRETE
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Total area
9,044 SF
Lot
0.69 ac (30,109 SF)
Zoning code
CBD
APN
12-43-46-21-04-002-0010
UPID
US18-4452985
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CBD · Delray Beach, FL
Zoning CBD · permitted uses
CBD · Delray Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Delray Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$4.3M
AUTO REPAIR, GARAGE
Est. value
$4.5M
MEDICAL BUILDING
Est. value
$3.6M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1980
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
0.69 ac
Current owner
From public records · entity-resolved
Centennial Investments Dlabh LLP
Entity
Free & Clear · 0 yrs held
Mailing address
7119 VIA MARBELLA, BOCA RATON, FL 33433-1042
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2025
—
Centennial Investments Dla Bh LLP
—
Deed
related
$1,000,000 · First Bank
Aug 19, 2025
$3,300,000
Centennial Investments Dlabh LLP
F & A Of Delray Beach LLC
Warranty Deed
—
Nov 6, 2018
—
F & A Of Delray Beach LLC
—
Deed
related
$275,000 · Bank Of The Ozarks
Mar 9, 2018
—
F & A Of Delray Beach LLC
—
Deed
related
$1,000,000 · Bank Of Ozark
Sep 29, 2014
$1,100,000
F & A Of Delray Beach LLC
801 Se 6th Avenue LLC
Warranty Deed
$880,000 · 801 Se 6th Avenue LLC
—
—
F & A Of Delray Beach LLC
—
Deed Of Trust
related
$1,000,000 · Bank Of Ozark
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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