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117 NE 5th Avenue Delray Beach, FL $ 5,000,000
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$ 5,000,000 Get more info
117 NE 5th Avenue
$ 5,000,000
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Share Save

117 NE 5th Avenue

Delray Beach, FL, 33483
$ 5,000,000
Bedrooms-- Baths4.0 Sq 7,267

Monthly Estimate*

$ 31,193

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Commercial Property for sale in Delray Beach, FL

for $5,000,000 with 4 full baths. This 7,267 square foot building was built in 1964.

Prime Downtown Delray Beach Location just one block off Atlantic Avenue. Double lot offers redevelopment potential or keep AS IS. MULTI-USE COMMERCIAL PROPERTY WITH 17 SPACE OFF-STREET PARKING AREA IS A FREE STANDING CORNER 2-UNIT BUILDING AT THE NE INTERSECTION OF NE 5TH AVE & NE 1ST ST IN DOWTOWN DELRAY BEACH. UNIT A (TENANT OCCUPIED) HAS 3366 SQ FT PLUS A LOFT AREA OF 1033 SQ FT. CONSISTING OF OFFICES, CONFERENCE ROOM, RECEPTION AREA AND STORAGE. UNIT B (NOW VACANT) HAS 2868 SQ FT OF AVAILABLE FLOOR SPACE AND IS A LARGE, MOSTLY OPEN SHOWROOM, SPACE WITH AN OFFICE/WORK ROOM AND AN INVENTORY/STOCK ROOM IN BACK AREA WITH OVERHEAD GARAGE DOOR ACCESS. PROPERTY IS ZONED CBD. LOT IS .3226 ACRES/14052 SF (125X112.4

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Commercial Active

Price

$ 5,000,000

Full Bath

4

Property Type

Commercial

Taxes

$ 48,421

Style

Professional Office,Retail

Year Built

1964

Town/City

Delray Beach

County/Region

Palm Beach

MLS | Web ID

RX11118356
Features
General
Construction CBS Concrete Stucco
Heating Central
Cooling Central Building
Utilities Electric Public Sewer Public Water
Possession At Closing
Roof Other
Zoning CBD
Status Active
Year Built 1964
Subdivision TOWN OF DELRAY S 51.2 FT OF LT 9 LT 10 & TH PT OF ABND ST LYG S OF & ADJ TO (LESS W 10 FT RD R/W)
Stories Count 1.0
Type Retail
Property Type E
Area 4360
Location City
Auction No
Tax Year 2024
Terms Considered Cash Conventional
Use Professional Office Retail
Misc. Overhead Doors Private Restroom Rear Access Reception Area Showroom Traffic Heavy Traffic Pedestrian
Virtual Tour https://www.propertypanorama.com/117-NE-5th-Avenue-Delray-Beach-FL-33483/unbranded
Geo Area PB06
Legal Description TOWN OF DELRAY S 51.2 FT OF LT 9 LT 10 & TH PT OF ABND ST LYG S OF & ADJ TO (LESS W 10 FT RD R/W) BLK 107
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Interior
Flooring Ceramic Tile Concrete
Ceiling Exposed Insulated
Total Number of Units 2
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Exterior
Waterfront None
Lot Size 0.32
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Internal Only
OriginalMLSID RX-11118356
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* Excluded Features
List By
Cheran Alisa Marek

Listing Agent

Douglas Elliman

Broker

cheran.marek@elliman.com

Email

Affordability Calculator

$35,229
Per Month
89%
11%
0%
Monthly Principal & Interest
$31,193
Monthly Property Taxes
$4,035
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
368239 Elementary School
368240 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/25/2025$5,000,000 Listed Price

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117 NE 5th Avenue, Delray Beach, FL, 33483 is a Commercial Property for sale at $5,000,000 with 7,267 sqft. 117 NE 5th Avenue has 4.0 baths and was built in 1964. The property's zip code is 33483 which is in Delray Beach, FL

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