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355 NE 5th Ave , Unit 0080, Delray Beach, FL 33483

$13,895,000
  • 355 NE 5th Ave , Unit 0080, Delray Beach, FL 33483 Main Photo

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New to the Market Active
MLS#A12049834
STATUSActive PROPERTY TYPECommercial - Retail

Property Description

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 Floridas 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 propertys 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 Beachs 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 Ave , Unit 0080 | MLS# A12049834

This commercial property located at 355 NE 5th Ave , Unit 0080, Delray Beach, FL 33483 is currently listed for sale with an asking price of $13,895,000. Search Delray Beach real estate on www.adamscameron.com today.

Property Features

Property Type: Commercial - Retail
Lot Size: 0.57 Acres
Taxes: $11,315
Year Built: 1982

Feature Descriptions

Crops Included Y/N: No
Days on Site: 1
Directions: I 95 to Atlantic East to Federal North and left on 4th street.
Home Warranty Y/N: No
Lease Considered Y/N: No
Parcel#: 12434616750000080
Property Attached Y/N: No
Property Sub-Type: Mixed Use

Listed By / Shown By

Listed By

Agency Name: Xcellence
Agency Phone: 866-595-6025

Shown By

Agency Title: Adams Cameron & Co. REALTORS
Agency Phone: 386-717-3445

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