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124 5th, Delray Beach, FL
Offering:
For Sale
Location:
Delray Beach, FL 33483
Status:
Active
$4,495,000
Deemed reliable but not guaranteed.
Details
Year built:
2018
Lot size:
0.31 acres · 13,695 sq ft
Levels:
Two, One
Stories:
1
Parking:
15 spaces
Days on market:
205
Annual tax (2025):
$61,449
Assessed value:
$3,043,301
Type:
Mixed-Use
MLS ID
B26004744
Virtual tour:
Listed by:
Sotheby's Intl. Realty, Inc. (FLL988061)
Listing office phone:
561-659-3555
Listing office email:
palmbeachsupport@sotheby's.realty
Listing agent:
Ellison Dobbs (FLL273008131)
Features
Utilities
Available:
Electricity Available, Water Available, Sewer Available
Water source:
Public
Sewer:
Not Connected At Lot, Public Sewer, Other
Description
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.
Price history
$4,990,000 → $4,495,000
·
Reduced by
$495,000 (9.9%) · 2 price changes
Location
124 NE 5th AvenueDelray Beach, FL 33483
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MLS information
Last updated Oct 10, 2026
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