Retail in 117 NE 5th Avenue, Delray Beach, FL for sale with MLS# B26082657
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.
117 NE 5th Avenue, Delray Beach, FL
Price
- Price:
- $5,000,000.00
- Original List Price:
- $5,000,000.00
Lease Details
- Tenant Pays:
- Common Area Maintenance, Water, Maintenance
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Standard
- Business Type:
- Clothing, Retail, Fitness, Commercial, Medical, Drugstore, Furniture, Advertising, Accounting, Computer, Gift Shop
- Listing Category:
- Commercial Sale
- Property Type:
- Retail
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- October 1, 2026 12:44 pm
Measures
- Built-Up Area:
- 6,234 Sqft
- Lot Area:
- 14,051 Sqft
- Building Area Source:
- Public Records
- Lot Size Acres:
- 0.32
Property Features
- Security:
- Fire Sprinkler System
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Building:
- Overhead Door(s), Free Standing, Meeting Room(s), Loading Space(s)
Construction
- Year Built:
- 1964
- Year Built Details:
- Resale
- Roof:
- Composition
- Number of Buildings:
- 1
- Number of Units Total:
- 2
- Construction Materials:
- Block
- Flooring:
- Other
- Number of stories:
- 1
- Stories:
- 1
- Flood Zone Code:
- X
- Property Condition:
- Resale
Taxes and Expenses
- Tax Annual Amount:
- $53,346.84
- Tax Year:
- 2025
- Tax Assessed Value:
- $2,809,126.00
Parking
- Parking Total Spaces:
- 17
- Parking Features:
- Assigned
Utilities
- Sewer:
- Public Sewer
- Electric:
- Three Phase
- Utilities Available:
- Sewer Not Available, Cable Available, Electricity Available
- Water Source:
- Public
Community
- Senior Community:
- No
Terms
- Documents Available:
- Enviro. Aud-ph1, Existing Survey, Owner Managed, Site Plans
- Listing Terms Considered by Seller:
- Cash, 1031 Exchange
- Buyer Possession:
- Close Of Escrow
- Negotiable Seller Concessions
Zoning and Legal
- Tax Legal Description:
- TOWN OF DELRAY S 51.2 FT OF LT 9~ LT 10 & TH PT OF ABND ST LYG S OF & ADJ TO (LESS W 10 FT RD R/W) BLK 107
- Real Estate Folio Number (Parcel Number):
- 12434616011070091
- Zoning:
- CBD (city)
Listing History
- Active on the market since:
- October 1, 2026
- Listing Agreement executed on:
- October 1, 2026
- Listing Status Last Changed On:
- October 1, 2026 12:44 pm
- Photos updated on:
- October 1, 2026 12:44 pm
- Last Modified:
- October 1, 2026 2:24 pm
Additional Information
- Courtesy of:
- Douglas Elliman
- Attribution:
- Not provided
- Road Surface Type:
- Asphalt
Location
- Street Name:
- 5th
- Street Number:
- 117
- City:
- Delray Beach
- State:
- Florida
- County:
- Palm Beach
- Latitude:
- N26° 27' 49.2''
- Longitude:
- W81° 55' 55.7''
- Street Suffix:
- Avenue
- Street Direction Prefix:
- NE
Property Map
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