Mixed use property in 124 NE 5th Avenue, Delray Beach, FL for sale with MLS# B26004744
124 NE 5th Ave offers a rare opportunity to acquire a free-standing commercial property in the CBD of Delray Beach. Built in 2018, this Art Deco-inspired building totals 6,364 SF, including 2,336 SF of unfinished second-floor space for expansion or income potential. Features include a full commercial kitchen, café/soda fountain layout, and a new commercial elevator. Situated on 0.31 acres with 15 parking spaces and a backup generator. Located one block from Atlantic Avenue, offering strong visibility and walkability. CBD zoning allows for diverse commercial uses. Existing business will relocate upon sale.
124 NE 5th Avenue, Delray Beach, FL
Price
- Price:
- $4,990,000.00
- Original List Price:
- $4,990,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $784.09
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Standard
- Listing Category:
- Commercial Sale
- Property Type:
- Mixed Use
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- March 20, 2026 8:12 pm
Measures
- Built-Up Area:
- 6,364 Sqft
- Building Area Source:
- Appraiser
- Lot Features:
- Landscaped, Sidewalks
- Lot Size Acres:
- 0.31
Property Features
- Security:
- Smoke Detector(s), Fire Sprinkler System, Security System Owned, Fire Alarm
- Air Conditioning
- Air Conditioning System:
- Zoned, Central Air
- Heating
- Heating System:
- Central
- Building:
- Rear Access, Elevator(s), Balconies
- Road Responsibility:
- Public Maintained Road
- Other Equipment:
- Negotiable
Construction
- Year Built:
- 2018
- Roof:
- Flat
- Number of Buildings:
- 1
- Construction Materials:
- Stucco, CBS, Concrete Block - With Stucco
- Flooring:
- Tile
- Number of stories:
- 1
- Structure Type:
- Mixed Use
- Stories:
- 2
- Road Frontage Type:
- City Street, East of US-1
- Foundation Details:
- Slab
- Flood Zone Code:
- X
- Property Condition:
- Resale
Taxes and Expenses
- Tax Annual Amount:
- $61,449.45
- Tax Year:
- 2025
- Tax Assessed Value:
- $3,043,301.00
Parking
- Parking Total Spaces:
- 15
- Parking Features:
- Accessible Parking
Utilities
- Sewer:
- Public Sewer
- Electric:
- 200+ Amp Service
- Utilities Available:
- Sewer Available, Water Available, Electricity Connected
- Water Source:
- Public
Community
- Building Name:
- Delray Shores Pharmacy
- Senior Community:
- No
Terms
- Documents Available:
- Aerial Photo(s), Photos
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Close Of Escrow
- Negotiable Seller Concessions
Zoning and Legal
- Tax Legal Description:
- TOWN OF DELRAY N 109.4 FT OF S 292.2 FT OF E 1/2 /LESS RD R/W/ OF BLK 99
- Real Estate Folio Number (Parcel Number):
- 12434616010990180
- Zoning:
- CBD (city)
Listing History
- Active on the market since:
- March 20, 2026
- Listing Agreement executed on:
- March 19, 2026
- Listing Status Last Changed On:
- March 20, 2026 8:12 pm
- Photos updated on:
- March 20, 2026 8:12 pm
- Last Modified:
- August 5, 2026 9:38 am
Additional Information
- Courtesy of:
- Sotheby's Intl. Realty, Inc.
- Attribution:
- Not provided
- Road Surface Type:
- Asphalt
Location
- Street Name:
- 5th
- Street Number:
- 124
- City:
- Delray Beach
- State:
- Florida
- County:
- Palm Beach
- Latitude:
- N26° 27' 51.1''
- Longitude:
- W81° 55' 53.8''
- Street Suffix:
- Avenue
- Street Direction Prefix:
- NE
Property Map
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