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34296816
34296830

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

PJ
Xcellence
Listed by Xcellence
$13,895,000
3 days on market
Updated 2 days ago

355 NE 5th Ave # 0080

Details
APN 12434616750000080
Property Type Mixed Use, Retail
Sub Type Storefront, Mixed Use (+1)
Square Footage 12,077
Year Built 1982
Lot Size (SqFt) 25,041
Zoning CBD (cit

Mixed Use | 12,077 SqFt

Marketing 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.
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Listing Contacts

PJ
Xcellence
Listed by Xcellence

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Zoning

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CBD CommercialCore CommercialCentral Business District
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View all 51 uses
View all 51 uses
Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

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