$17,900,000
8 ba ·
230 George Bush Boulevard, Delray Beach, FL 33444
355 NE 5th Ave # 0080, Delray Beach, FL 33483
$13,895,000— Beds— Baths
Delray Beach, FL 33483
Status
Active
Type
Mixed Use
Year Built
1982
Days on Market
2
Lot Size
25,041 sqft
MLS #
A12049834
County
Palm Beach County
Description of 355 NE 5th Ave # 0080, Delray Beach, FL 33483
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 Details for 355 NE 5th Ave # 0080, Delray Beach, FL 33483
- Pool Private
- No
Building Information for 355 NE 5th Ave # 0080, Delray Beach, FL 33483
- Building Area Total
- 12077
- Building Area Units
- Square Feet
- Association
- No
Property Information for 355 NE 5th Ave # 0080, Delray Beach, FL 33483
- Lot Size Square Feet
- 25,041
- Waterfront
- No
- View
- No
- New Construction
- No
Public Records for 355 NE 5th Ave # 0080, Delray Beach, FL 33483
- Parcel Number
- 12434616750000080
- Tax Annual Amount
- $11,315
- Tax Legal Description
- THREE FIFTY FIVE BUILDING CONDUNIT 8
- Zoning
- CBD (cit
- County Or Parish
- Palm Beach County
Location
355 NE 5th Ave # 0080, Delray Beach, FL 33483 · More homes in Delray Beach
Courtesy of Xcellence
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More information about 355 NE 5th Ave # 0080, Delray Beach, FL 33483
355 NE 5th Ave # 0080 is a mixed use for sale in Delray Beach, FL 33483. This property was listed for sale on July 7, 2026 by Xcellence, it's currently listed at $13,895,000. This listing's school district is Palm Beach County Public Schools.