Technical
Financial
Distress signals
Property profile

88 5th Ave Delray Beach, FL 33483

OFF-MARKET
Office buildings
Property ID
US18-0964699
1,980 SF 1 ac lot Built 1971
Individually Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1971
Construction CONCRETE BLOCKS
Total area 1,980 SF
Lot 1 ac (43,560 SF)
APN 12-43-46-16-H7-000-0880
UPID US18-0964699

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
  • Business Management Consultant
  • Law Firm
  • Law Firm

Location

88 5th Ave Delray Beach, FL 33483-5427
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
by Request
CAP Approach CAP
$860k
Comparable Approach Comparable
$452k
Blend (final) Blend
$630k

Owner & transaction history

since 2020
4 recorded transactions
2020
$325,000
2016
$300,000
2004
$544,500
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $980,000 +4.9%

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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