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124 NE 5th Avenue Delray Beach, FL $ 4,990,000
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$ 4,990,000 Get more info
124 NE 5th Avenue
$ 4,990,000
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124 NE 5th Avenue

Delray Beach, FL
$ 4,990,000
Bedrooms-- Baths-- Sq 6,364

Monthly Estimate*

$ 30,724

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View a Virtual Tour

Commercial Property for sale in Delray Beach, FL

for $4,990,000. This 6,364 square foot building was built in 2018 on a lot size of 0.31.

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.

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Commercial Active

Price

$ 4,990,000

Property Type

Commercial

Taxes

$ 61,449

Style

Lot Size

0.31

Year Built

2018

Town/City

Delray Beach

County/Region

Palm Beach

MLS | Web ID

B26004744
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air Zoned
Utilities Electricity Connected Sewer Available Water Available
Possession Close Of Escrow
Roof Flat
Patio/Porch Features Balcony
Security Features Security System Owned Fire Alarm Fire Sprinkler System Smoke Detector(s)
Construction Materials Block Stucco
Year Built 2018
Electric 200+ Amp Service
Stories Count 2
Levels Two
Property Subtype Mixed Use
Tax Year 2025
Community Features Sidewalks
Building Name Delray Shores Pharmacy
Accessibility Accessibility Features
County Palm Beach
New Construction false
Property Type Commercial Sale
Building Features Elevator(s)
Status Active
Directions Take I-95 to Exit 52 (Atlantic Ave / FL-806) toward Delray Beach. After exiting head east on Atlantic Avenue toward downtown. Continue on Atlantic Ave for about 1.2 miles. Turn left onto NE 5th Ave. Go one block north. 124 NE 5th Ave will be on the
City Delray Beach
MLS Area 4360
Tax Annual Amount 61449.45
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/124-NE-5th-Avenue-Delray-Beach-FL/unbranded
Standard Status Active
Occupancy Type Owner
Property Sub Type Additional Mixed Use
Legal Description TOWN OF DELRAY N 109.4 FT OF S 292.2 FT OF E 1/2 /LESS RD R/W/ OF BLK 99
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Interior
Flooring Tile
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Exterior Amenities Balcony
Fencing None
Parking Features Accessible Parking
Lot Features Central Business District City Lot Landscaped None
Water Source Public
Total Parking 15
Lot Size Area 13695
Foundation Details Slab
Number of Buildings 1
Building Area Total 6364
Lot Size Acres 0.31
Road Surface Type Asphalt
Road Frontage Type City Street
Other Equipment Negotiable
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Ellison Dobbs

Listing Agent

Affordability Calculator

$35,845
Per Month
86%
14%
0%
Monthly Principal & Interest
$30,724
Monthly Property Taxes
$5,121
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/20/2026$4,990,000 Listed Price

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124 NE 5th Avenue, Delray Beach, FL, is a Commercial Property for sale at $4,990,000 with 6,364 sqft and a lot size of 0.31. 124 NE 5th Avenue was built in 2018. The property's zip code is which is in Delray Beach, FL

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