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Freestanding Commercial Storefront
New
For Sale
$5,000,000

117 NE 5th Avenue, Delray Beach, FL

Commercial Sale, Delray Beach, FL

Property Size6,234 SF
Lot Size0.32 Acres
Price / SF$802.05
Days on Market1

Property Features for 117 NE 5th Avenue

General Information

Property type Residential
Property subtype Retail
Zoning CBD (city)
Parking 17
Parking features Assigned
Subdivision 4330
Standard status Active
APN 12434616011070091
Size 6,234 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: Oct 1 Last Checked: Oct 1 at 2:06PM
MLS# B26082657

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 freestanding, block-constructed commercial building contains 6,234 square feet on a 0.32-acre double corner lot. Built in 1964, it has central heating and air conditioning, public water and sewer, and assigned on-site parking for 17 vehicles. Renovation work includes impact glass, roof refurbishment, and exterior painting. The property is zoned CBD (city).

The building occupies the corner of NE 5th Avenue and NE 1st Street, one block from Atlantic Avenue. Pineapple Grove is three blocks west, and the beach is less than one mile east.

Key Highlights

  • 6,234‑square‑foot building on a 0.32‑acre double corner lot
  • 17 assigned on‑site parking spaces
  • Corner location at NE 5th Avenue and NE 1st Street, one block from Atlantic Avenue

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
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 - CBD-zoned property sits near Atlantic Avenue in downtown Delray Beach.
Where is this storefront property located?
The property is located at 117 NE 5th Avenue 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: 6,234‑square‑foot building on a 0.32‑acre double corner lot; 17 assigned on‑site parking spaces; Corner location at NE 5th Avenue and NE 1st Street, one block from Atlantic Avenue
More about this property
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