The thesis
Why we bought this
A West Palm Beach lot two blocks from the Intracoastal — bought by a developer to build from the ground up.
The asset
What you're buying
Address7614 S Olive Ave, West Palm Beach, FL 33405
CityWest Palm Beach
CountyPalm Beach
Property typeLand / Build Site
Year built1955
The numbers
The math behind the deal
Financing assumptions estimate
30% down7.25% rate25-yr amort
Full numbers
See the cap rate, rent roll, comps & exits
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All information is deemed reliable but not guaranteed and should be independently verified. Pro-forma figures marked "estimate" reflect the memo author's underwriting and are not appraisals. Cap rates and price-per-SF are calculated from the fields on this page and update as those fields do.