2511 NW 1st Avenue, Boca Raton, FL 33431
$3,250,000
Property Type:
Commercial Sale
Square Footage:
11,040
Status:
Closed
Current Price:
$3,250,000
List Date:
10/05/2020
Last Modified:
1/24/2026
Description
For sale investment/income producing autoshop in Boca Raton, 11,040 SF. NNN Lease, 10 year lease, quality success tenant. 6.5% CAP RATE. NDA signature.
More Information MLS# F10252360
Contract Information
Comp Sale YN: No
Listing Contract Date: 2020-10-05
Status: Closed
Original List Price: 3350760
Sold Price: $3,250,000
Current Price: $3,250,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Boca Raton
Postal Code: 33431
Geographic Area: PB04
Property Description: For Sale Investment
Country: United States
Street Number: 2511
Street Direction Prefix: NW
Street Name: 1st
Street Suffix: Avenue
State Or Province: FL
Postal Code +4: 6601
Area: 4390
Parcel Number: 06434717020000091
Zoning: M2
Directions: Southeast Florida, Palm Beach County, city of Boca Raton. 2511 NW 1st Ave, Boca Raton, FL 33431.
General Property Information
Number Of Buildings: 1
Lot Size Area: 26084
Stories Total: 1
Property Sub Type: Business
Building Area Main: 11040
Year Built: 1970
Financial Information
Tax Assessed/SOH Value: 924299
Assessor Market Value: 924299
Tax Annual Amount: 23863
Tax Year: 2019
Tax Legal Description: BOCA RATON INDUSTRIAL PARK LT 9 (LESS SLY 126.50 FT) & LT 10 (LESS NLY 216 FT)
Office/Member Information
DXORIGMLSID: FLL
Status Change Information
Buyer Financing: Other
Major Change Timestamp: 2021-02-03T21:48:27Z
Major Change Type: Status Change
Status Change Date: 2021-02-03
Under Contract Date: 2020-12-03
Close Date: 2021-02-03
Close Price: 3250000
Flooring
Concrete: 1
Parking Features
Common: 1
Short Sale Details
Short Sale Addendum: No
Structure Type
Warehouse: 1
Tenant Pays
Other: 1
Location of Property
City Location: 1
Business Type
Auto Service: 1
Road Frontage Type
City Street: 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Call Listing Agent: 1
Contingencies
None: 1
Concessions
Seller Concessions: No
Price Calculations
Current Price To SqFt: 294.38
Original List Price To Close Price: 0.96
Section Details
Parcel Number MLX: 0091
Originating Details
Originating System Key: 535894347
Originating System ID: M00000170
Property Features
Business Type: Auto Service
Flooring: Concrete
Location of Property: City Location
Parking Features: Common
Tenant Pays: Other
Road Frontage Type: City Street
Structure Type: Warehouse
Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent
Contingencies: None
Listing Office:
Total R E Consultants Inc
Last Updated: January - 24 - 2026
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