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    235 SE 5Th Ave Delray Beach, FL 33483

    For Sale
    $3,200,000

    Commercial,Condo,Free Standing,Income,Resident. Multi-Fam. - Delray Beach, FL

    Property size:
    2,309 SF
    Lot size:
    0.31 Acres
    Days on Market:
    74
    Last Refresh:
    Dec 7 at 8:06 pm

    Property Features for 235 SE 5Th Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CBD(ci
    APN
    12434616011110041
    Size
    2,309 SF
    Lot size
    0.31 Acres

    Utilities

    Heating system
    Other (Heating)
    Cooling system
    Other (Cooling)

    Building Details

    Year built
    1928
    Floors in Building
    4
    Number of units
    7
    Flooring type
    Other
    Building materials
    Other
    Roof type
    Other
    Architectural style
    Other

    Exp Realty LLC (888) 883-8509 [email protected]

    Listing agent Israel Monteiro (888) 883-8509

    Listing date Sep 25, 2025

    MLS# RX-11096704 Listing URL

    Copyright © 2025 BeachesMLS / Flexmls. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Approved Condo Project in Delray

    The property is a site plan approved luxury condo project located in Delray Beach, Florida. It offers the opportunity to construct 7 luxury condo units. This boutique condominium project is situated a quarter mile from the shops and restaurants of Atlantic Avenue, and less than a mile's walk to the beach. The available condo sizes range from 1,600 to 3,119 square feet, with options for 2 bedroom/2 bathroom or 3 bedroom/3 bathroom units. The project includes two penthouse roof-top terraces, private outdoor terraces, a community luxury pool, and covered parking. The lot size is 0.31 acres and the property size is 2,309 square feet. The zoning is CBD(ci.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    AES Interiors & Associates Interior Designer Rose Hilary Insurance Agency

    Suggested Use

    Law Firm Restaurant Dental Office Realty agency Spa & Massage Hair Salon Nail Salon Building Supply Daycare Center Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Delray Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.067665
    Latitude
    26.457301

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    FAQs

    What type of property is this?
    Apartment building - Site plan approved luxury condo project in Delray Beach, Florida.
    Where is this apartment building located?
    The property is located at 235 SE 5Th Ave Delray Beach, FL.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: - Site plan approved luxury condo project, ready for development of 7 units.; - Prime location: **a quarter mile from Atlantic Avenue shops and restaurants.**; - Close proximity to the beach: less than a mile's walk.
    (888) 883-8509
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    235 SE 5Th Ave Delray Beach, FL 33483
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    Delray Beach, FL 33483
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    235 SE 5Th Ave Delray Beach, FL 33483
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