Delray Beach Office
112 SE 10th Street, Delray Beach, FL 33483
SINGLE_FAMILY - Delray Beach, FL
Type:Office
Property size:
5,040 SFLot size:
0.34 AcresPrice / SF:
$474/SF- Added:
- Dec 3, 2025
- Days on Market:
- 181
- Last Refresh:
- Jun 2 at 7:06 pm
Property Features for 112 SE 10th Street
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- SAD(city)
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bathroom 1, Bathroom 4, Bathroom 2
- Security features
- Security Lighting
- Standard status
- Active
- APN
- 12434621130050090
- Size
- 5,040 SF
- Lot size
- 0.34 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- SILVER TERRACE DELRAY LTS 9 & 10 BLK 5 & WLY 10 FT OF 50 FT ABND PT OF MIAMI BLVD LYG E OF & ADJ TO IN OR9812P430
- Tax Annual Amount
- 22618
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1935
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Carpet, Wood, Tile
- Roof type
- Aluminum
Listing agent Matan Morag PA License #3124553 (561) 706-0095
Listing office Regency Realty Services 6601 Park of Commerce Blvd. #12-112, Boca Raton, FL (561) 394-4600
Listing date Dec 3, 2025
MLS# R11144910
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime Downtown Delray Beach location with high traffic and excellent visibility.
- Extensive 2025‑2026 improvements including aluminum roof, impact windows/doors, modern exterior stucco, and landscape redesign.
- Versatile space with 11+ private office suites, reception areas, and conference rooms, easily adaptable for additional suites/cubicles.
- Equipped with fire alarm, fire sprinkler system, and security system.
- Includes a large outdoor patio with fenced yard and potential for additional parking in the rear.
- Features 4 bathrooms (1 with shower), kitchen on each floor, and washer/dryer hookups.
Overview
This modern office building is located in downtown Delray Beach. The property offers high traffic and excellent visibility. The building, consisting of 11 or more private office suites, reception areas, and conference rooms, is suitable for various businesses, including real estate, mortgage, law firms, architects, engineering firms, title companies, and doctors' offices. The layout allows for the easy addition of suites or cubicles, and each floor includes a kitchen. The property also features washer and dryer hookups and four bathrooms, including one full bathroom with a shower. An outdoor patio and fenced yard are included. The building is equipped with a fire alarm, fire sprinkler system, and security system. Additional parking is available in the rear behind the yard fence, and the backyard can be converted into a parking lot for even more parking. Planned improvements for 2025-2026 include an aluminum roof, flat roof, impact windows and doors, a landscape redesign with sprinklers and lighting, modern exterior stucco, a widened driveway, and a widened front door. The lot size is 0.34 acres, and the property size is 5040 square feet.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $229.8k | $45.60 |
| − Vacancy | −$51.7k | −$10.26 |
| EGI | $178.1k | $35.34 |
| − OpEx | −$44.5k | −$8.84 |
| NOI | $133.6k | $26.51 |
5,040 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.91M
$1.67M – $2.23M
NOI $133,585 @ 7.0% cap · market cap 5.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.55M
$3.11M – $4.14M
NOI $248,462 @ 7.0% cap · market cap 10.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
EJB Kitchen & Home ...
Hardware & Home Improvement
Family Promise of South ...
Social Service Agency
Location Insight
- Map
- Local Demand
- City
- Delray Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.071608
- Latitude
- 26.446783
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Modern office building in downtown Delray Beach for sale.
Where is this office building located?
The property is located at 112 SE 10th Street Delray Beach, FL.
What is the asking price?
The asking price for this property is $2,390,000.
What are key features of this property?
This property features: Prime Downtown Delray Beach location with high traffic and excellent visibility.; Extensive 2025‑2026 improvements including aluminum roof, impact windows/doors, modern exterior stucco, and landscape redesign.; Versatile space with **11+ private office suites, reception areas, and conference rooms**, easily adaptable for additional suites/cubicles.
