Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    248 SE 1St Ave Delray Beach, FL 33444

    For Sale
    $2,400,000

    Multi-Family High De,Single Family, Single Family Detached - Delray Beach, FL

    Type:Single Family Residence
    Days on Market:
    146
    Last Refresh:
    Dec 6 at 8:06 pm

    Property Features for 248 SE 1St Ave

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Vegetation
    Cleared
    Zoning
    RM(cit
    APN
    12434616010710050
    Exterior features
    Cleared

    Building Details

    Architectural style
    Other

    Compass Florida, LLC (561) 286-5166 [email protected]

    Listing agent Mark C Barone (561) 285-4283

    Listing date Jul 14, 2025

    MLS# RX-11101912 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

    Delray Beach Development Opportunity

    This 0.32-acre parcel is located near Atlantic Avenue in Delray Beach. The site is surrounded by ongoing and future luxury developments. Architectural plans and renderings are included for either three townhomes or a boutique condominium project. The zoning is RM(cit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Couture Bridal Photography ... Wedding Photographer

    Suggested Use

    Law Firm Restaurant Realty agency Dental Office 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
    -80.072243
    Latitude
    26.456378

    Nearby Similar for Sale

    • $6,499,999
      6,334 SF

      Delray Beach Live/Work Building

      Contemporary Art Deco building with live/work flexibility near beach.
      226 Palm Ct, Delray Beach, FL 33444
      View Details
    • New
      $2,690,000
      5,040 SF

      Delray Beach Office Building

      Modern office building in downtown Delray Beach for sale.
      112 SE 10Th St, Delray Beach, FL 33483
      View Details
    • $1,100,000
      2,534 SF

      Delray Beach Quad Plex Estate

      Gorgeous quadplex in prime Delray Beach location with oversized lot.
      5285 Sunrise Blvd, Delray Beach, FL 33484
      View Details
    • $2,700,000
      0.33 Acres

      Spacious Compound Near Pineapple Grove

      Versatile property ideal for assisted living or short-term rental.
      1650 NE 3Rd Ave, Delray Beach, FL 33444
      View Details
    • $3,200,000
      2,309 SF

      Approved Condo Project in Delray

      Site plan approved luxury condo project in Delray Beach, Florida.
      235 SE 5Th Ave, Delray Beach, FL 33483
      View Details
    • $2,500,000
      950 SF

      Delray Beach Retail/Office Building

      Retail/Office building in the heart of Delray Beach.
      23 S Swinton Ave, Delray Beach, FL 33444
      View Details

    FAQs

    What type of property is this?
    Commercial land - 0.32-acre parcel near Atlantic Avenue with development plans.
    Where is this commercial land located?
    The property is located at 248 SE 1St Ave Delray Beach, FL.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: - Prime 0.32-acre parcel near Atlantic Avenue in Delray Beach.; - Includes architectural plans and renderings for townhomes or a boutique condominium.; - Located in a fast-growing area with strong demand for high-end residences.
    (561) 285-4283
    Request Owner's contact information
    248 SE 1St Ave Delray Beach, FL 33444
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    248 SE 1St Ave
    Delray Beach, FL 33444
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    248 SE 1St Ave Delray Beach, FL 33444
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.