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355 NE 5th Avenue 0080, Delray Beach, FL 33483

New Listing
$13,895,000
Property Type: Commercial Sale Square Footage: 12,077 Status: Active
Current Price: $13,895,000 List Date: 7/07/2026 Last Modified: 7/08/2026

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 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.

More Information MLS# A12049834

Contract Information

Comp Sale YN: No Listing Date: 2026-07-07 Status: Active Original List Price: 13895000 List Price: $13,895,000 Current Price: $13,895,000 Listing Service: Limited Service

Location and Legal

County Or Parish: Palm Beach County Parish Name: Palm Beach City Name: Delray Beach Municipal Code: 12 Postal Code: 33483 Geographic Area: PB11 Subdivision Number: 75 Flood Zone: X Country: United States Street Number: 355 Street Direction Prefix: NE Street Name: 5th Street Suffix: Avenue Unit Number: 0080 State Or Province: FL Postal Code +4: 5542 Area: 4220 Parcel Number: 12434616750000080 Zoning: CBD (cit Directions: I 95 to Atlantic East to Federal North and left on 4th street.

General Property Information

Occupant Type: Call Listing Agent Lot Size Area: 25041 Property Sub Type: Mixed Use Building Area Main: 12077 Year Built: 1982 Lot Size Acres: 0.57

Office/Member Information

DXORIGMLSID: SEF

Structure Type

Retail: 1

Business Type

Retail: 1 Other: 1

Price Calculations

Current Price To SqFt: 1150.53

Section Details

Parcel Number MLX: 0080

Financial Information

Tax Annual Amount: 11315 Tax Legal Description: THREE FIFTY FIVE BUILDING CONDUNIT 8

Status Change Information

Major Change Timestamp: 2026-07-07T04:00:00Z Major Change Type: New Listing Status Change Date: 2026-07-07

Originating Details

Originating System Key: 527187431 Originating System ID: M00000151

Property Features

Business Type: Retail; Other Structure Type: Retail
Listing Office: Xcellence
Last Updated: July - 08 - 2026
355 NE 5th Avenue 0080, Delray Beach, FL 33483- MLS# A12049834
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