Virtual TourMap

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

  1. Listing updated with changes from the MLS®
  2. Price changed to $13,895,000
  3. Status changed to Active
  4. Listing first seen on site

Friends & Family

Listing courtesy of Xcellence (561) 441-9695

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-14 12:12 AM EST

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