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707 N Federal Hwy 2,000 SF Retail Building Delray Beach, FL 33483 $6,650,000 ($3,325/SF) 2.78% Cap Rate
Investment Highlights
- Close to Atlantic Ave on Delray Beach
Executive Summary
Ideal for townhouses/retail.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
2,000 SF
Building Class
C
Year Built
1960
Price
$6,650,000
Price Per SF
$3,325
Cap Rate
2.78%
NOI
$185,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.83 AC
Zoning
CBD - Currently zoned for auto sales/service (grandfathered). Prime CBD redevelopment opportunity.
Parking
120 Spaces (60 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Corner Lot
- Pylon Sign
- Signage
- Storage Space
- Monument Signage
- Air Conditioning
- Smoke Detector
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 12-43-46-09-32-000-0120 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,269,974 |
Property Taxes
Parcel Number
12-43-46-09-32-000-0120
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,269,974
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600 North Ltd
707 N Federal Hwy
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