355 NE 5th Avenue 0080, Delray Beach, FL 33483
$13,895,000
Property Type:
Commercial Sale
Square Footage:
12,077
Status:
Active
Current Price:
$13,895,000
List Date:
7/07/2026
Last Modified:
7/09/2026
Overview
Description
...
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Prime Delray Beach Land Assemblage & Investment OpportunityThis 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 HighlightsOver 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 Details MLS# A12049834
General Property Information
- Property Sub Type
- Mixed Use
- Occupant Type
- Call Listing Agent
- Building Area Main
- 12077
- Year Built
- 1982
- Lot Size Area
- 25041
- Lot Size Acres
- 0.57
Property Features
Business Type:
Retail; Other
Structure Type:
Retail
Contract Information
- Comp Sale YN
- No
- Original List Price
- 13895000
- Listing Service
- Limited Service
Location and Legal
- Country
- United States
- County Or Parish
- Palm Beach
- County Parish Name
- Palm Beach
- Street Number
- 355
- Street Direction Prefix
- NE
- Street Name
- 5th
- Street Suffix
- Avenue
- Unit Number
- 0080
- City Name
- Delray Beach
- Municipal Code
- 12
- State Or Province
- FL
- Postal Code
- 33483
- Postal Code +4
- 5542
- Area
- 4220
- Geographic Area
- PB11
- Parcel Number
- 12434616750000080
- Subdivision Number
- 75
- Zoning
- CBD (cit
- Flood Zone
- X
- Directions
- I 95 to Atlantic East to Federal North and left on 4th street.
Financial Information
- Tax Annual Amount
- 11315
- Tax Legal Description
- THREE FIFTY FIVE BUILDING CONDUNIT 8
Status Change Information
- Major Change Timestamp
- 2026-07-07T04:00:00Z
- Major Change Type
- New Listing
- Status Change Date
- 2026-07-07
More Information
Price Calculations
- Current Price To SqFt
- 1150.53
Section Details
- Parcel Number MLX
- 0080
Originating Details
- Originating System Key
- 527187431
- Originating System ID
- M00000151
Office/Member Information
- DXORIGMLSID
- SEF
Structure Type
- Retail
- Yes
Business Type
- Retail
- Yes
- Other
- Yes
Listing Office:
Xcellence
Last Updated: July - 09 - 2026
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