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504 Atlantic, Delray Beach, FL 33483

Commercial For Sale
$3,955,000

BTC: 131.83333333

ETH: 1,977.50000000

23 days
0 room(s)
2,902 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Incredible restaurant-anchored mixed-use property located at 504 E Atlantic Avenue in Delray Beach, Florida. This investment property allows an investor to secure a free-standing building with built-in upside, including three units in the center of Downtown Delray Beach. This asset boasts a restaurant use on the ground floor below at a market rent, providing future upside. Moreover, the second floor currently operates as two office spaces that are leased at below-market rents as well. This property sits in a strong location at the intersection of Federal Highway and Atlantic Avenue. The property is being sold stabilized with value-add opportunities surrounding the second floor and through future repositioning of the restaurant with a higher rental structure and the ability to

Location

Florida • Delray Beach • 33483 • Commercial • For Sale

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1935
Lot:
No Data
Heating:
No Data
Price/sqft:
$1,363
Cooling:
No Data
HOA:
No Data
All facts and features

  • Other Property Information

    • Parcel Number: 12434616g60000020

    • Zoning: CBD(ci

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Commercial Sale

  • Other financial information

    • Annual tax amount: $39,721

  • Source details

    • MLS ID: RX-11140139

    Other facts

    • Direction Faces: Atlantic Avenue to SE 5th Ave. Head South on SE 5th Ave. Building will be on the left and is known also as 19 SE 5th Ave.

    • Garage: Yes

    • Living Area: 2902

    • Subdivision Name: ANTIQUE EXPERIENCE

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The multiple listing information is provided by the Beaches MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Beaches MLS. 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: Atlantic One Realty Group LLC