355 NE 5th Ave 0080 Delray Beach, FL $ 13,895,000
355 NE 5th Ave 0080
$ 13,895,000
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355 NE 5th Ave 0080

Delray Beach, FL, 33483
$ 13,895,000
Baths0.0 Sq 12,077

Monthly Estimate*

$ 87,734

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Studio

Single Family Home for sale in Delray Beach, FL

for $13,895,000. This 12,077 square foot home was built in 1982.

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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Single Family Active

Price

$ 13,895,000

Bedrooms

Studio

Property Type

Single Family

Taxes

$ 11,315

Style

Year Built

1982

Town/City

Delray Beach

County/Region

Palm Beach

MLS | Web ID

A12049834

Features
General
Year Built 1982
Unit Number 0080
Property Subtype MixedUse
County Palm Beach
Property Type CommercialSale
Status Active
Directions I 95 to Atlantic East to Federal North and left on 4th street.
City Delray Beach
Zoning Description CBD (cit
MLS Area 4120
Lot Size Units SquareFeet
Lot Size Square Feet 25041
Tax Annual Amount 11315
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12049834
Structure Type Other Retail
Standard Status Active
Occupancy Type CallAgent
Legal Description THREE FIFTY FIVE BUILDING CONDUNIT 8
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Interior
Total Baths 0
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Exterior
Lot Size Area 25041
Building Area Total 12077
Covered Spaces 0
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* Excluded Features
List By
Xcellence

Broker

561-441-9695

Contact

Affordability Calculator

$88,677
Per Month
99%
1%
0%
Monthly Principal & Interest
$87,734
Monthly Property Taxes
$943
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
Pricing History
DatePricePrice ChangeDescription
7/8/2026$13,895,000 Listed Price

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355 NE 5th Ave 0080, Delray Beach, FL, 33483 is a Single Family Home for sale at $13,895,000 with 12,077 sqft. 355 NE 5th Ave 0080 is a studio with 0.0 baths and was built in 1982. The property's zip code is 33483 which is in Delray Beach, FL