117 NE 5th AVE, Delray Beach, FL
117 NE 5th AVE, Delray Beach, FL
117 NE 5th AVE, Delray Beach, FL
117 NE 5th AVE, Delray Beach, FL
117 NE 5th AVE, Delray Beach, FL
117 NE 5th AVE, Delray Beach, FL
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$ 5,000,000
Est. payment | /mo

6,234 SqFt


$ 5,000,000
Est. payment | /mo

6,234 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 6,234 sqft

Price per Sqft $802

MLS Listing ID B26082657

Construction Status Resale

HOA Y/N No

Year Built 1964

Annual Tax Amount $53,346

Tax Year 2025

Lot Size 0.320 Acres

Acres 0.32

Property Sub-Type Retail

Property Description

Opportunity to own a freestanding commercial building just one block off Atlantic Avenue in booming Downtown Delray Beach. Located on a highly visible corner of NE 5th Avenue (federal highway) & NE 1st Street (DT bypass) Pineapple Grove is just 3 blocks to the west the beach is less than mile east. Plentiful on-site parking (17 spaces) double corner lot. The building is being renovated with Impact glass, roof refurbish & new exterior painting. Downtown Delray Beach is a vibrant market with improved demographics & new residential all around this location.

Location

State FL

County Palm Beach

Area 4330

Zoning CBD (city)

Interior

Interior Features InteriorFeatures

Heating Central

Cooling Central Air

Flooring Other

Fireplace No

Exterior

Parking Features Assigned

Utilities Available Cable Available, Electricity Available, Sewer Not Available

Water Access Desc Multiple Meters,Public

Roof Type Composition

Street Surface Asphalt

Accessibility Accessibility Features

Total Parking Spaces 17

Building

Lot Description 1/4 to 1/2 Acre Lot

Building Description Block, Conference Room,Loading Dock,Overhead Doors

Story 1

Entry Level One

Sewer Public Sewer

Water Multiple Meters, Public

Level or Stories One

Structure Type Block

New Construction No

Construction Status Resale

Others

Tax ID 12434616011070091

Security Features Fire Sprinkler System

Acceptable Financing Cash, 1031 Exchange

Listing Terms Cash, 1031 Exchange

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/117-NE-5th-Avenue-Delray-Beach-FL/unbranded

BeachesMLS, Inc. (FLR) IDX
Listed by Cheran Alisa Marek Douglas Elliman

NEARBY SCHOOL & BUSINESS

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Luciane Serifovic

Luciane Serifovic

CEO & FOUNDER License ID: 10491208575

+1(917) 567-8767

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117 NE 5th AVE