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
IDX
Last Updated: January - 24 - 2026
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