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$13,895,000
38 Days On Site

355 NE 5th Ave 0080
Delray Beach, FL 33483

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
12,077
SqFt
$1,151
/SqFt
1982
Built
County:
Palm Beach
Call Now: +1305-799-9900
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+1305-799-9900
355 NE 5th Ave 0080355 NE 5th Ave 0080355 NE 5th Ave 0080355 NE 5th Ave 0080
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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.

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Listing Snapshot
Price 
$13,895,000
Days On Site 
38 Days
Bedrooms 
N/A
Inside Area (SqFt) 
12,077 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
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
Friends & Family
Recent Activity
a month agoStatus changed to Active
a month agoPrice changed to $13,895,000
a month agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Property Sub Type 
Mixed Use
SqFt Total 
12077
Zoning 
CBD (cit
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Community Features
MLS Area 
4120
Listing courtesy of Xcellence

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Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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