Public market commentary. This property is not listed for sale by Justin Crow · Mattis Advisors.

2455 Old Dixie Hwy

Delray Beach, FL 33483  ·  Stores, 1 story  ·  Folio 12434604300000010
Building
6,000
square feet
Lot
33,976
0.78 acres
Year built
2003
23 years old
Assessed value
$1,845,515
$308/SF assessed

Ownership and recorded sale history

Owner of recordSWANTON STREET 184 LLC
Entity statusActive — Florida Division of Corporations
Last recorded sale2026 — $1,846,980
At that sale$308/SF
Years since0 years
Palm Beach County Property Appraiser and Florida Division of Corporations. Public records; may lag actual events.

What has actually traded in Federal Highway Corridor

Recorded transactions for retail properties in the Federal Highway pairs and the blocks east of downtown toward the Intracoastal, narrowed to the buildings closest to this one in size and age.

Recorded sales
8
2021–2026
Median price/SF
$442
$287 – $657
Median size
6,476
square feet
Median vintage
1969
year built
Computed across the 8 sales listed below — the closest matches to this building by size and vintage. Transfers under $100,000, multi-parcel portfolio deals that cannot be allocated, and land-dominant parcels are excluded.

Reading this against the corridor

The county assesses this building at $308/SF. Recorded sales of retail properties in Federal Highway Corridor since 2021 have a median of $442/SF, across a range of $287/SF to $657/SF.

Across those 8 recorded sales, the median sale price came in at 1.36× the county assessed value. Assessed values are set for taxation and are reset on their own schedule, so they routinely sit apart from transaction prices — in either direction.

By footprint it sits in roughly the 54th percentile of retail properties that have traded in this corridor — 18 of the 39 recorded sales were of larger buildings.

The assessment works out 30% below the median price per square foot of the comparable sales shown below. That is an arithmetic comparison of a tax figure against transaction prices, not a statement about what this building would sell for.

The lot runs 5.7× the building footprint — 33,976 SF of land under 6,000 SF of structure. Ratios that wide are usually where expansion or redevelopment questions start.

What this means for this building depends on what no public record contains — the leases, the condition, the rent roll.

Recorded sales of comparable size and vintage

PropertySizeBuiltSoldPricePer SF
1015 S Federal Hwy
Supermarket
14,97120002026$5,550,000$371
401 NE 6TH Ave
Auto Sales/Repair/Rental
6,05119672026$2,300,000$380
142 SE 6TH Ave
Stores, 1 story
5,00219802025$3,125,000$625
700 NE 6TH Ave
Supermarket
15,61620092024$10,263,265$657
1601 N Federal Hwy
Stores, 1 story
5,74419722024$1,650,000$287
25 SE 3RD Ave
Financial Institution
6,90219662022$2,500,000$362
12 NE 5TH Ave
Mixed Retail/Residential
7,10619562021$3,575,913$503
50 SE 6TH Ave
Department Store
4,33119652021$2,450,000$566
Recorded sale prices from Palm Beach County public records. Comparable transactions — not an appraisal, and not an opinion of value for this or any property.

Important Disclosures

Not a listing. The property described on this page is not listed for sale or lease by Justin Crow or Mattis Advisors. Justin Crow has no listing authority for this property and does not represent the owner unless explicitly engaged in a written agreement.

Not an appraisal. Nothing on this page constitutes an appraisal, a Broker's Opinion of Value, or a Broker Price Opinion under Florida Statute 475.612. The submarket benchmarks shown are general market observations and are not specific opinions of value for this property.

Public records. All property data is sourced from the Palm Beach County Property Appraiser's public records and is reproduced here for informational purposes. Property data may be inaccurate or out of date. Justin Crow makes no warranty as to the accuracy or completeness of any information on this page.

Owner opt-out. If you are the owner of this property and would prefer this page be removed, please email justin@mattisadvisors.com with the subject "Opt-out — Folio 12434604300000010." We will remove the page within 24 hours of receipt, no questions asked.

About. Justin Crow is a Florida-licensed real estate associate operating under Mattis Advisors. Brokerage activity is conducted through Mattis Advisors.