Mixed use property in 355 NE 5th Avenue 0080, Delray Beach, FL 33483 for sale with MLS# A12049834
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.
355 NE 5th Avenue 0080, Delray Beach, FL 33483
- Price:
- $13,895,000.00
- Original List Price:
- $13,895,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $1,150.53
- Listing Type:
- For Sale
- Status:
- Active
- Business Type:
- Other, Retail
- Listing Category:
- Commercial Sale
- Property Type:
- Mixed Use
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- July 7, 2026 4:00 am
- Built-Up Area:
- 12,077 Sqft
- Lot Size Acres:
- 0.57
- Year Built:
- 1982
- Structure Type:
- Retail
- Flood Zone Code:
- X
- Tax Annual Amount:
- $11,315.00
- Senior Community:
- No
- Tax Legal Description:
- THREE FIFTY FIVE BUILDING CONDUNIT 8
- Real Estate Folio Number (Parcel Number):
- 12434616750000080
- Zoning:
- CBD (cit
- Active on the market since:
- July 7, 2026
- Listing Agreement executed on:
- July 7, 2026
- Listing Status Last Changed On:
- July 7, 2026 4:00 am
- Photos updated on:
- July 9, 2026 9:06 am
- Last Modified:
- July 9, 2026 9:07 am
- Courtesy of:
- Xcellence
- Attribution:
- Not provided
- Street Name:
- 5th
- Street Number:
- 355
- Unit Number:
- 0080
- City:
- Delray Beach
- State:
- Florida
- Zip Code:
- 33483
- County:
- Palm Beach
- Latitude:
- N26° 28' 6.4''
- Longitude:
- W81° 55' 55.6''
- Street Suffix:
- Avenue
- Street Direction Prefix:
- NE
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Ver la propiedad 355 NE 5th Avenue 0080, Delray Beach, FL 33483
