For SaleMixed UseActive
355 NE 5th Ave 0080
Delray Beach, FL 33483
$13,895,000
130 Days On Site
- 12,077Sq Ft
- $1,151Per Sq Ft
- 0.5749Acres
- 1982Built
- County
- Palm Beach
- MLS®
- A12049834
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.
Listing Snapshot
- Price
- $13,895,000
- Days On Site
- 130 Days
- Bedrooms
- N/A
- Inside Area (SqFt)
- 12,077 sqft
- Total Baths
- N/A
- Full Baths
- N/A
- Partial Baths
- 0
- Lot Size
- 0.5749 Acres
- Year Built
- 1982
- MLS® Number
- A12049834
- Status
- Active
- Property Tax
- $11,315
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- N/A
Property Details
General Features
3 items
- Property Sub Type
- Mixed Use
- SqFt Total
- 12,077
- Zoning
- CBD (cit
Community Features
1 item
- MLS Area
- 4120
Location
355 NE 5th Ave 0080, Delray Beach, FL 33483 · 4120
Neighborhood & Commute
ZIP Code 33483
- Median household income
- $107,885
- Income per person
- $91,090
- Households
- 8,341
- Average household size
- 1.75
- Median age
- 56.3
Source: Walk Score.
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Price & Status History
- Listing updated with changes from the MLS®
- Price changed to $13,895,000
- Status changed to Active
- Listing first seen on site







