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3945 W Atlantic Ave Avenue, Delray Beach FL 33445

Commercial Recently Sold
$4,100,000

BTC: 64.06250000

ETH: 2,571.03261449

Sold on: 2023-01-31
New
0 room(s)

Overview

Single tenant office building offering with potential for an owner user type and or for an investment after the lease expires Located in Palm Beach County, FL core suburban submarket - Delray Beach Current tenant has eight (8) months remaining on the lease, will vacate in November 2022 Recent capital improvements completed which include updating the parking lot and repainting the building Property is zoned POC- Planned Office Center, uses include medical office and business office which are among some of the many uses 14,132 SF of office space situated on 2.05 acres of land Strong demographics - the average population size is 222,513 & the average household income is $103,021 all within a 5-mile radius.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1988
Lot:
2.68 Acres
Heating:
Central Building A/C
Price/sqft:
No Data
Cooling:
Central Building A/C
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$517,499
$243K – $4.8M
Confidence Low
List vs. estimate
$6.4M above estimate
List $6,900,000 · +1233.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
14 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $536K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$59,642
2022
All facts and features
  • Flooring

    • Tile

    Heating

    • Central Building A/C

    Cooling

    • Central Building A/C

  • Property

    • Levels: 1

    Lot

    • Lot: 2.68 Acres

    Other Property Information

    • Parcel Number: 12434618330020000

    • Zoning: POC

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Office

  • Utility

    • Other Utilities Available

    • Other

  • Other financial information

    • Annual tax amount: $59,642

  • Source details

    • MLS ID: R10863639

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: Non Member Listing Office