Mixed-Use Development Opportunity Near
For Sale
Contact for pricing
1200 E Atlantic Ave, Delray Beach, FL 33483
Mixed-use property near the beach, suitable for redevelopment.
Property Size6,700 SF
Lot Size0.23 Acres
Price / SF$1,268
Days on Market1312
Property Features for 1200 E Atlantic Ave
General Information
Standard status
Active
Size
6,700 SF
Class
B
Total Parking Spaces
10
Lot size
0.23 Acres
Property subtype
Mixed Use
Zoning
CBD
Occupancy
100%
Building Details
Year Built
1951
Year Renovated
2022
Buildings
3
Stories
2
Units
6
Listing Agency:
Ocean Delray Real Estate
Listed By:
Christopher S. Nicotra
Source:
Crexi
Added: Jan 19, 2023
Changed: Aug 14
Last Checked: Aug 22 at 5:45AM
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 Ocean Delray Real Estate
Investment Insights
Based on property information with market context.
This mixed-use property presents a development opportunity one block from the beach. The property is currently income-producing and can be held for future appreciation or redeveloped. Redevelopment plans envision five specialty store spaces and five spacious luxury condos. Architectural plans and renderings are available from Randall Stofft Architects. The lot size is approximately 90' x 110'. The property size is 6,700 square feet.
Key Highlights
- One block from the beach.
- Luxury development opportunity.
- Income producing property.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,784
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property near the beach, suitable for redevelopment.
Where is this mixed-use property located?
The property is located at 1200 E Atlantic Ave Delray Beach, FL.
What is the asking price?
The asking price for this property is $8,500,000.
What are key features of this property?
This property features: One block from the beach.; Luxury development opportunity.; Income producing property.
