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230 George Bush Boulevard, Delray Beach FL 33444

Commercial For Sale
$17,900,000

BTC: 287.55020080

ETH: 10,637.66565639

-$2M (2026/03/02)
190 days
0 room(s)

Overview

Located in the heart of East Delray Beach, this iconic mixed-use property is unlike anything else on the market. Designed as a custom three-story designer residence, the building seamlessly blends ultra-luxury living with Class A commercial possibilities, making it ideal for entrepreneurs, investors, or those seeking a statement property with income potential. Currently, the ground floor is configured as a professional medical office, while the upper levels provide expansive private living spaces. Just blocks from the Atlantic Ocean and world-famous Atlantic Avenue, this property offers effortless access to Delray's best shopping, dining, and entertainment. Stroll to The Ray Hotel, the new Tiger Woods mini-golf attraction, and countless boutiques, galleries, and restaurants. With unique zoning, the building offers maximum flexibility: " Keep it exactly as it is; luxury residential living above with commercial space below " Convert the entire building to a private luxury residence " Convert the entire building to a commercial property " Or create your own unique blend of both Features & Amenities " Over 9,000 total square feet of interior and covered living space " Rooftop retreat with coastal breezes and full outdoor kitchen and spa, " Three oversized balconies for indoor-outdoor living " 20 Rare Downtown Parking spaces including air-conditioned two-car collector's garage plus 18 additional on-site parking spaces " Five bedrooms and overall eight bathrooms (four oversized full baths and four half baths) " Soaring 12-foot and 16-foot ceilings dramatic volume highlighted by natural gas fireplace " Downsview chef's kitchen with wine room " Private 3-story glass elevator " Oak flooring and exposed brick accents for timeless character " Whole-home automation including Savant Pro system and Lutron shades " Expansive, fenced-in turf backyard for carefree play area or dog run Structural Integrity & Security " Nearly half-acre point lot on one of downtown's most visible locations " Impact glass throughout " Concrete block construction " Full natural gas generator " Premium finishes ensuring both durability and luxury Location & Lifestyle Just blocks from the Atlantic Ocean and world-famous Atlantic Avenue, this property offers effortless access to Delray's best shopping, dining, and entertainment. Stroll to The Ray Hotel, the new Tiger Woods mini-golf attraction, and countless boutiques, galleries, and restaurants. The Opportunity This rare, iconic property provides unmatched flexibility in one of South Florida's most desirable coastal cities. It presents the perfect opportunity for a hedge fund, family office, law firm, marketing agency, or to continue its current use as a premier medical office/facility. Whether kept as-is, transitioned into a full luxury residence, or reimagined as a Class A commercial building, the convenience and possibilities are truly endless. All images and visual materials associated with this property, including AI generated images, virtually staged photos, edited images, artist conceptual renderings, maps, site plans, floor plans, and other graphics, are provided solely for illustrative purposes. These representations may not accurately reflect current conditions and are subject to change without notice. No representations or warranties are made regarding the accuracy or completeness of these visual materials. Buyers should not rely solely on these materials and are responsible for independently verifying all property details.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1959
Lot:
0.46 Acres
Heating:
Central
Price/sqft:
No Data
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,150,000
$687K – $15.3M
Confidence Low
List vs. estimate
$15.8M above estimate
List $17,900,000 · +732.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
6 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.6M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$51,769
2025
Parking
20 spaces
All facts and features
  • Flooring

    • Other

    • Wood

    Heating

    • Central

    Cooling

    • Central Air

    Other interior features

    • Fire Sprinklers

  • Property

    • Levels: 3

    Lot

    • Lot: 0.46 Acres

    Other Property Information

    • Parcel Number: 12434609290110230

    • Zoning: RO

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Mixed Use

  • Utility

    • Natural Gas Connected

    • Natural Gas Available

  • Other financial information

    • Annual tax amount: $51,769

  • Source details

    • MLS ID: R11144339

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: City Location / 1/4 To Less Than 1/2 Acre Lot / Less Than 1 Acre

    • 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: Douglas Elliman