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355 5th Ave 0080, Delray Beach, FL 33483
Offering:
For Sale
Location:
Delray Beach, FL 33483
Status:
Active
$13,895,000
Deemed reliable but not guaranteed.
Details
Year built:
1982
Lot size:
25,041 sq ft
Days on market:
2
Annual tax:
$11,315
Type:
Mixed-Use
MLS ID
A12049834
Virtual tour:
Listed by:
Xcellence (XCEL01)
Listing office phone:
866-595-6025
Listing office email:
Listing agent:
Paul Jacques (3187171)
Description
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.
Price history
$13,895,000 → $13,895,000
· 1 price changes
Location
355 NE 5th Ave 0080Delray Beach, FL 33483
MLS information
Last updated Jul 9, 2026
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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