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Storefront Property with On-Site Parking
For Sale
$5,000,000

117 NE 5th Ave, Delray Beach, FL 33483

Customer-facing storefront with on-site parking near Atlantic Avenue and Delray Beach’s Pineapple Grove district.

Property Size6,234 SF
Days on Market55

Property Features for 117 NE 5th Ave

General Information

Standard status Active
Size 6,234 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $53,346

Building Details

Building Size 6,234 SF
Year Built 1964
Stories 1
Units 2
Listing Agency: Douglas Elliman
Listed By: Cheran Marek · License #677157
Source: Elliman
Added: Aug 15 Changed: Oct 7 Last Checked: Oct 7 at 2:04PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Douglas Elliman

Investment Insights

Based on property information with market context.

This storefront property was constructed in 1964 and offers 3,366 of property size for commercial use. On-site parking supports convenient access for customers and visitors.

The property is positioned one block north of Atlantic Avenue. Pineapple Grove is three blocks west, while the beach is one mile east, placing the storefront near established Delray Beach destinations.

Key Highlights

  • 3,366 property size
  • Constructed in 1964
  • On‑site parking included

Property Analytics

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Current Use

Robes Law Group, ... Law Firm GreenC, LLC Construction Company

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Florist Fish Market Restaurant Supermarket Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,586
Businesses Nearby
186k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 32% Hotels & Casinos 23% Shops & Services 18% Groceries 17%
Publix Groceries
31,996 visits/mo 0.5 miles
The Ray Hotel Delray Beach, Curio Collection by Hilton Hotels & Casinos
23,390 visits/mo 0.3 miles
Starbucks Dining
11,158 visits/mo 0.3 miles
Anthony's Coal Fired Pizza Dining
9,998 visits/mo 0.0 miles
BankUnited Shops & Services
9,864 visits/mo 0.2 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • From Roehm With Love — 257 NE 2nd Ave, Delray Beach, FL 33444

Frequently Asked Questions

What type of property is this?
Storefront property - Customer-facing storefront with on-site parking near Atlantic Avenue and Delray Beach’s Pineapple Grove district.
Where is this storefront property located?
The property is located at 117 NE 5th Ave Delray Beach, FL.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: 3,366 property size; Constructed in 1964; On‑site parking included
More about this property
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