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205 NE 5th Ter Terrace, Delray Beach FL 33444

Commercial Recently Sold
$2,658,825

BTC: 42.20357143

ETH: 1,522.80927835

Sold on: 2024-06-18
27 days
0 room(s)

Overview

Trophy Property in downtown Delray Beach. 3 buildings all leased. 5,567 sf total. Building 1 (3,333sf) lease ends 3/1/25 and the other 2 buildings (+/- 2,200sf) lease ends 3/1/27 but both would like to extend. Gross Leases. See photos and documents with details. Close to Atlantic Ave. SELLER FINANCING AVAILABLE.

Location

Florida • Delray Beach • 33444 • Commercial • Recently Sold

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1930
Lot:
0.73 Acres
Heating:
Central
Price/sqft:
No Data
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$3,000,000
$478K – $3.1M
Confidence Low
List vs. estimate
At estimate
List $3,000,000 · +0.0%
List is in line with recent comparable activity.
Based on
5 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
$36,715
2023
All facts and features

  • Flooring

    • Other

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

  • Property

    • Levels: 1

    Lot

    • Lot: 0.73 Acres

    Other Property Information

    • Parcel Number: 12434609290100141

    • Zoning: RO(cit

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Office

  • Other financial information

    • Annual tax amount: $36,715

  • Source details

    • MLS ID: R10985998

    Other facts

    • Water Source: Public

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33444
13
median $699K
Active
Same city
Delray Beach
140
median $214K
Active
Same type
Commercial
4
median $462K
Active
Similar price
$2.1M – $3.9M
6
median $2.8M
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: Compass Florida LLC