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    233-279 NE 2Nd Ave Delray Beach, FL 33444

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    For Lease
    $75 SF/Yr ($7,512 /Mo)

    Prime retail opportunity in vibrant downtown Delray Beach.

    Property size:
    1,202 SF
    Lot size:
    0.82 Acres

    Property Features for 233-279 NE 2Nd Ave

    General Information

    Size
    1,202 SF
    Lot size
    0.82 Acres

    Source: Atlantic Commercial Group, Inc Agent Gary M. Broidis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Pineapple Grove

    Located in Pineapple Grove, immediately north of Atlantic Avenue, The Ray Shops are adjacent to The Ray Hotel. The property offers ample parking and is within walking distance of Atlantic Avenue. This property presents an opportunity to locate a retail business in the bustling downtown Delray Beach market. The available retail space is suitable for a small boutique, art gallery, or other retailers. Akira Back, Campi, and The Rosewater Grill, all located at The Ray Hotel, are steps away from the property. The property previously housed the restaurants Papas Tapas and Christina’s for almost 20 years. The property offers 1202 square feet of retail space.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Food Market Grocery 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
    -80.0708806
    Latitude
    26.4660312

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    FAQs

    What type of property is this?
    Retail space - Prime retail opportunity in vibrant downtown Delray Beach.
    Where is this retail space located?
    The property is located at 233-279 NE 2Nd Ave Delray Beach, FL.
    What is the lease rate?
    The lease rate is $75 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in Pineapple Grove, a vibrant restaurant and retail area.; - Rare opportunity to secure small retail space in downtown Delray Beach.; - Immediate adjacency to The Ray Hotel, offering high visibility.
    (561) 447-8610
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    233-279 NE 2Nd Ave Delray Beach, FL 33444
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    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
    233-279 NE 2Nd Ave Delray Beach, FL 33444
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