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355 NE 5th Ave # 0080, Delray Beach FL 33483

Commercial For Sale
$13,895,000

BTC: 220.03167063

ETH: 8,713.29223862

5 days
0 room(s)

Overview

Prime Delray Beach Land Assemblage & Investment Opportunity This exceptional offering presents a rare opportunity to acquire a contiguous three-parcel land assemblage totaling more than one acre, strategically located just three blocks north of Atlantic Avenue in the heart of East Delray Beach. Positioned along highly visible Federal Highway, this unique asset offers an attractive combination of immediate cash flow, value-add potential, and long-term redevelopment opportunities in one of South Florida's most sought-after coastal markets. The property is currently improved with multiple income-producing buildings that generate strong, stable rental income, providing investors with immediate returns while preserving significant future upside. Additional value can be realized through leasing vacant suites, optimizing rental rates to market levels, or pursuing redevelopment under the property's favorable zoning. nvestment Highlights Over 1 acre of contiguous land with desirable CBD zoning, allowing for high-density mixed-use redevelopment. Prime East Delray Beach location on Federal Highway, just three blocks from the vibrant shops, restaurants, and entertainment of Atlantic Avenue. Excellent accessibility, with convenient access to Interstate 95 and minutes from Delray Beach's award-winning beaches. Strong in-place cash flow supported by high occupancy and consistent rental income. Value-add opportunity through lease-up of vacant suites and market rent adjustments.

Location

Florida • Delray Beach • 33483 • Commercial • For Sale

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1982
Lot:
25041 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Recent sales nearby
30 public-records sales within 0.5 mi
Median actual sale: $1.5M
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

Highlights

Annual tax
$11,315
All facts and features

  • Lot

    • Lot: 25041 Square Feet

    Other Property Information

    • Parcel Number: 12434616750000080

    • Zoning: CBD (cit

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Mixed Use

  • Other financial information

    • Annual tax amount: $11,315

  • Source details

    • MLS ID: A12049834

Private inquiry
Talk to the advisor on this listing.
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Market around this address

Live counts in the same area.
View all
This zip
33483
244
median $1.5M
Active
Same city
Delray Beach
1,512
median $299K
Active
Same type
Commercial
75
median $2.2M
Active
Similar price
$9.7M – $18.1M
21
median $12.8M
Active

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: Xcellence