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117 NE 5th Avenue Delray Beach, FL $ 5,000,000
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117 NE 5th Avenue
$ 5,000,000
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117 NE 5th Avenue

Delray Beach, FL
$ 5,000,000
Bedrooms-- Baths-- Sq 6,234

Monthly Estimate*

$ 34,534

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Commercial Property for sale in Delray Beach, FL

for $5,000,000. This 6,234 square foot building was built in 1964 on a lot size of 0.32.

Opportunity to own a freestanding commercial building just one block off Atlantic Avenue in booming Downtown Delray Beach. Located on a highly visible corner of NE 5th Avenue (federal highway) & NE 1st Street (DT bypass) Pineapple Grove is just 3 blocks to the west the beach is less than mile east. Plentiful on-site parking (17 spaces) double corner lot. The building is being renovated with Impact glass, roof refurbish & new exterior painting. Downtown Delray Beach is a vibrant market with improved demographics & new residential all around this location.

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Commercial Active

Price

$ 5,000,000

Property Type

Commercial

Taxes

$ 53,346

Style

Lot Size

0.32

Year Built

1964

Town/City

Delray Beach

County/Region

Palm Beach

MLS | Web ID

B26082657
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available Electricity Available Sewer Not Available
Possession Close Of Escrow
Roof Composition
Security Features Fire Sprinkler System
Construction Materials Block
Year Built 1964
Electric 3 Phase
Tenant Pays Common Area Maintenance Minor Interior Maintenance Water
Stories Count 1
Levels One
Property Subtype Retail
Tax Year 2025
Business Type Accounting Advertising Clothing Commercial Computer Drugstore Fitness Furniture Gift Shop Medical Retail
Accessibility Accessibility Features
County Palm Beach
New Construction false
Property Type Commercial Sale
Building Features Conference Room Loading Dock Overhead Doors
Status Active
City Delray Beach
Number Of Units Total 2
MLS Area 4330
Property Attached Y/N false
Tax Annual Amount 53346.84
Property Condition Resale
MLS Area Minor PB12
Virtual Tour https://www.propertypanorama.com/117-NE-5th-Avenue-Delray-Beach-FL/unbranded
Standard Status Active
Occupancy Type Vacant
Property Sub Type Additional Retail
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 Other
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Parking Features Assigned
Lot Features 1/4 to 1/2 Acre Lot
Water Source Multiple Meters Public
Total Parking 17
Lot Size Area 14051
Number of Buildings 1
Building Area Total 6234
Lot Size Acres 0.32
Road Surface Type Asphalt
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* Excluded Features
List By
Cheran Alisa Marek

Listing Agent

Affordability Calculator

$38,979
Per Month
89%
11%
0%
Monthly Principal & Interest
$34,534
Monthly Property Taxes
$4,446
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
10/1/2026$5,000,000 Listed Price

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117 NE 5th Avenue, Delray Beach, FL, is a Commercial Property for sale at $5,000,000 with 6,234 sqft and a lot size of 0.32. 117 NE 5th Avenue was built in 1964. The property's zip code is which is in Delray Beach, FL

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