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    202 SE 5Th Ave Delray Beach, FL 33444

    For Lease
    $50 SF/Yr ($10,387 /Mo)

    Retail spa space in Delray's downtown SOFA District.

    Property size:
    2,493 SF
    Lot size:
    1.72 Acres

    Property Features for 202 SE 5Th Ave

    General Information

    Size
    2,493 SF
    Lot size
    1.72 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

    Delray Beach Retail Spa Space

    This property features an existing, fully built-out spa premises available for lease. The location is in the heart of Delray's downtown SOFA District, offering convenient access to shops, restaurants, and entertainment venues along Atlantic Avenue. The property is part of a complex that includes a 122-room hotel with a restaurant/lounge and meeting rooms, along with 35 condominium units, structured parking, and 2,493 square feet of retail space. The retail spa space is available immediately.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wxyz Bar Bar Aloft Delray Beach Hotel Rotary Club of Delray ... Club

    Suggested Use

    Law Firm Restaurant Dental Office Realty agency Spa & Massage Hair Salon Nail Salon Building Supply Daycare Center Clothing 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
    -80.0683003
    Latitude
    26.4576641

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    FAQs

    What type of property is this?
    Retail space - Retail spa space in Delray's downtown SOFA District.
    Where is this retail space located?
    The property is located at 202 SE 5Th Ave Delray Beach, FL.
    What is the lease rate?
    The lease rate is $50 SF/Yr.
    What are key features of this property?
    This property features: - Fully built-out spa premises ready for immediate lease.; - Located in the heart of Delray's downtown SOFA District.; - Proximity to shops, restaurants, and entertainment venues along Atlantic Avenue.
    (561) 447-8610
    Request Owner's contact information
    202 SE 5Th Ave Delray Beach, FL 33444
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    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
    202 SE 5Th Ave Delray Beach, FL 33444
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