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367 NE 3rd Avenue, Delray Beach FL 33444

Commercial Active With Contract
$1,800,000

BTC: 27.69230769

ETH: 946.05390405

-$600K (2026/01/07)
66 days
0 room(s)

Overview

Prime Opportunity in Delray Beach’s Arts District! Located just steps from Atlantic Ave, minutes from the beach. 1600 sf freestanding building, Zoned CBD-RC, the property offers flexible potential. Situated in a area of galleries, boutiques, luxury apartments, hotels, and cultural venues, this space benefits from high foot traffic, high visibility, and creative energy. Whether you're a restaurateur, investor, or developer, you'll appreciate its central location, lot efficiency, and redevelopment potential.Opportunities in this pocket of Delray's Art District do not come around often.*Information contained herein is deemed reliable but not guaranteed. No warranty or representation is made as to the accuracy of any information provided. Buyers should conduct their own due diligence. In the heart of Delray’s creative district, this property offers a rare opportunity for repositioning or redevelopment. High foot traffic, excellent visibility, and close proximity to Atlantic Ave and the beach make it ideal for end users or investors. The CBD-RC zoning allows for a wide range of uses, and the included 2nd-story concept plans provide additional value and future expansion options. Perfect for those looking to create a boutique commercial space, studio, café, or signature brand location in one of Delray Beach’s most vibrant corridors.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1966
Lot:
0.06 Acres
Heating:
Central Building A/C / Central Individual A/C
Price/sqft:
No Data
Cooling:
Central Building A/C / Central Individual A/C
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,700,000
$349K – $5.9M
Confidence Low
List vs. estimate
$900K below estimate
List $1,800,000 · -33.3%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
11 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.5M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$11,786
2025
All facts and features
  • Heating

    • Central Building A/C

    • Central Individual A/C

    Cooling

    • Central Building A/C

    • Central Individual A/C

  • Lot

    • Lot: 0.06 Acres

    Other Property Information

    • Parcel Number: 12434616010890100

    • Zoning: CBD - RC

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Commercial

  • Other financial information

    • Annual tax amount: $11,786

  • Source details

    • MLS ID: F10537502

    Other facts

    • Construction Materials: Concrete Block Construction

    • Water Source: Public

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Better Homes & Gdns RE Fla 1st