bernardpoirier

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

Active

Listing #A12049834

$13895000
Bedrooms
full Bathrooms
25041 Square Feet
Commercial Sale Type

About This Property

Prime Delray Beach Land Assemblage & Investment Opportunity This 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 Highlights Over 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.

Property Features

Location Information

County

Palm Beach County

Section

16

Area

12077

Subdivision

Interior Features

Interior

Cooling

Bedrooms

Floors

Full Baths

Appliances

Heating

Exterior Features

Style

Garage Spaces

Construction/Exterior

Patio / Deck Description

Exterior

Has a Pool

Possession

Lot Size in Acres

Water

Sewer

Lot Size in Sq. Ft.

25041

Has Waterfront

No

Parking Description

View

Has Garage

No

Additional Information

Roof/Attic

Senior Community

No

Other Utilities

Property Type

Commercial Sale

Pets

Property SubType 2

Mixed Use

Tax Year

NA

Year Built

1982

Tax Amount

$11315

APN

NA

Square Feet Source

NA

Map

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