Redevelopment Land with Paved
For Sale
$2,500,000
369 SE 2nd Avenue, Delray Beach, FL 33483
COMMERCIAL - Delray Beach, FL
Property Size2,000 SF
Lot Size0.30 Acres
Price / SF$1,250
Days on Market169
Property Features for 369 SE 2nd Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CBD-RC
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Directions
I-95 EXIT ATLANTIC AVENUE AND HEAD EAST TO SE 2ND AVENUE HEAD SOUTH - PROPERTY ON THE LEFT. EAST SIDE OF 2ND
Subdivision
4370
Standard status
Active
APN
12434616040880080
Size
2,000 SF
Lot size
0.30 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LINNS ADD TO OSCEOLA PARK LTS 8 & 9 BLK 88
Tax Annual Amount
17866
Legal Description
LINNS ADD TO OSCEOLA PARK LTS 8 & 9 BLK 88
Building Details
Year built
1958
Floors in Building
1
Number of units
1
Listing Agency:
Douglas Elliman
(561) 655-8600
Listed By:
Dorian Hayes · License #3485387
(561) 389-9117
Added: Feb 16
Changed: Jul 27
Last Checked: Aug 4 at 9:06AM
MLS# R11164209
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.
Investment Insights
Based on property information with market context.
This redevelopment parcel is identified as part of the Osceola Park Place redevelopment assemblage, with investors and developers evaluating a combined redevelopment footprint of approximately 1.23 to 2.5 acres (plus). The site is positioned for multi-family development concepts discussed in a zoning study, including references to height and unit counts (48–54 feet and 86–172 units), and there is also the possibility of a self-storage use subject to an application to the City. The property includes a paved road to the east, described as serving the rear of the site. Full disclosure of tenants in place is available, with NOI provided to qualified buyers.
The property is located in downtown Delray Beach, with access described as within walking distance to Atlantic Avenue and the beach. It is also referenced as being near the CBD railroad corridor district.
Zoning is listed as CBD-RC.
The property is located in downtown Delray Beach, with access described as within walking distance to Atlantic Avenue and the beach. It is also referenced as being near the CBD railroad corridor district.
Zoning is listed as CBD-RC.
Key Highlights
- Prime Downtown Delray Beach location: Walk to Atlantic Avenue and the beach.
- Redevelopment opportunity: 1.23‑2.5 acres PLUS assemblage.
- Multi‑family zoning: Potential for 86‑172 units (48‑54 feet height).
Property Analytics
Property Profile
Current Use
Lease Details
172
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,333
Businesses Nearby
Explore this area
Business Placement
Demographics for 33483, FL
13,103
Population
9,493
Households
1.4
Avg Household Size
59
Median Age
57%
College-Educated
93%
High-School Grad
3.8 sq mi
ZIP Area
3,448
Density / Sq Mi
$117,854
Median Household Income
$60,502
Median Earnings
$2,306
Median Rent
$755,700
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Zoned CBD-RC, this 0.3-acre parcel offers rear paved road access and redevelopment options within an assemblage.
Where is this commercial land located?
The property is located at 369 SE 2nd Avenue Delray Beach, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Prime Downtown Delray Beach location: Walk to Atlantic Avenue and the beach.; Redevelopment opportunity: 1.23‑2.5 acres PLUS assemblage.; Multi‑family zoning: Potential for 86‑172 units (48‑54 feet height).
