86 5Th AveDelray Beach, FL 33483

  • Office properties
  • 832 SF
For Lease

Property Details for 86 5Th Ave

Year built
1971
Construction
CONCRETE BLOCKS
Lot size
1.00 AC
Property size (Sq ft)
832 SF
Property type
Office properties
Property subtype
Office buildings
APN
12-43-46-16-H7-000-0860
APU
12434616H70000860

Description

This exceptional single-tenant office building is located at 86 NE 5th Avenue in Delray Beach, Florida, 33483. The property, identified by APN 12434616h70000860, is zoned for office use and offers a convenient single-suite configuration, ideal for a variety of businesses. The building's size is not specified, however, the property is designated as a single-tenant occupancy, providing a unique opportunity for a business seeking a dedicated and private workspace. The property's location in Delray Beach offers excellent access to local amenities, transportation networks, and a thriving business community. Given its single-tenant nature, this property presents a streamlined ownership and management experience. The absence of a specified lot size indicates the building may be situated on a smaller footprint, potentially making it suitable for a business that prioritizes efficiency and accessibility. This property is an excellent opportunity for a business seeking a dedicated, well-located office space in a desirable Florida market. Further details regarding the building's specifications and internal layout are available upon request. Interested parties are encouraged to conduct their own due diligence to verify all aspects of the property. The property is classified as an office building and is situated in a prime location within Delray Beach.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $255,893
    6.5%
    $236,209
    7%
    $219,337
  • Comparable approach

    Method
    Valuation
    Relative Method
    $222,909
    Geo Method
    $222,909
  • Alternative Use

    Use
    Valuation
    Residential
    $292,899
    Hospitality
    $268,294
    Educational
    $223,217
    Medical
    $230,894
    Retail
    $347,227
86 5Th Ave, Delray Beach, Florida

Location Insight

City
Delray Beach
County
Palm Beach
State
Florida
Latitude
26.4631
Longitude
-80.0685
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,863
-
$316,294
$316,294
-
-
$316,294
$316,294

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].