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Retail Space with On-Site Parking
New
For Lease
$33 SF/Yr

117 NE 5th Avenue, Delray Beach, FL 33483

COMMERCIAL - Delray Beach, FL

Space SizeContact for details
Property Size3,366 SF
Lot Size0.32 Acres
Days on Market2

Property Features for 117 NE 5th Avenue

General Information

Property type Commercial Lease
Property subtype Retail
Zoning CBD
Parking 17
Subdivision 4220
Standard status Active
APN 12434616011070091
Size 3,366 SF
Lot size 0.32 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description TOWN OF DELRAY S 51.2 FT OF LT 9, LT 10 & TH PT OF ABND ST LYG S OF & ADJ TO (LESS W 10 FT RD R/W) BLK 107
Tax Annual Amount 53347
Legal Description TOWN OF DELRAY S 51.2 FT OF LT 9, LT 10 & TH PT OF ABND ST LYG S OF & ADJ TO (LESS W 10 FT RD R/W) BLK 107

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1964
Floors in Building 1
Number of units 2
Building materials Block
Roof type Composition
Listing Agency: Douglas Elliman
Listed By: Cheran Alisa Marek · License #677157
Added: Aug 7 Last Checked: Aug 8 at 9:06PM
MLS# B26061646

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 3,366-square-foot retail space occupies a 0.32-acre site in Delray Beach. The block construction dates to 1964, with central heating and central air conditioning. The property is served by public water and public sewer, with cable available. A composition roof completes the existing improvements.

The site is positioned one block north of Atlantic Avenue, three blocks east of Pineapple Grove, and one mile west of the beach. On-site parking is available, and the property carries CBD zoning within the 33483 postal area.

Key Highlights

  • 3,366‑square‑foot retail space on a 0.32‑acre site
  • CBD zoning supports a central business district location
  • One block north of Atlantic Avenue

Property Analytics

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.

Lease Details

NNN (Triple Net)
Lease Type
$4.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,603
Businesses Nearby
142k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 40% Hotels & Casinos 30% Shops & Services 18% Apparel 10%
The Ray Hotel Delray Beach, Curio Collection by Hilton Hotels & Casinos
23,390 visits/mo 0.4 miles
Starbucks Dining
11,158 visits/mo 0.2 miles
Anthony's Coal Fired Pizza Dining
9,998 visits/mo 0.1 miles
BankUnited Shops & Services
9,864 visits/mo 0.1 miles
Sunoco Shops & Services
9,718 visits/mo 0.3 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

Market

Lease Benchmarks for Delray Beach, FL

$9.62 /SF/Yr
Avg Asking Price
$5.7–$19 /SF/Yr
Price Range
6,192 SF
Avg Space Size

This space is priced 243% above the average of $9.62 /SF/Yr.

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - CBD-zoned commercial space with central HVAC, public utilities, and convenient access to nearby Delray Beach destinations.
Where is this retail space located?
The property is located at 117 NE 5th Avenue Delray Beach, FL.
What is the lease rate?
The lease rate is $33 SF/Yr.
What are key features of this property?
This property features: 3,366‑square‑foot retail space on a 0.32‑acre site; CBD zoning supports a central business district location; One block north of Atlantic Avenue
More about this property
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