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    96 NE 5Th Ave Delray Beach, FL 33483

    For Sale
    $945,000

    Downtown office condo near Atlantic Avenue with flexible tenant terms.

    Lot size:
    12.00 Acres

    Property Features for 96 NE 5Th Ave

    General Information

    Lot size
    12.00 Acres

    Building Details

    Year built
    1971

    Source: SDG Real Estate LLC Agent John R Hackett

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

    Overview

    Delray Beach Office Condo

    Fountain Square is a downtown landmark located less than a block from Atlantic Avenue on Federal Highway in Delray Beach. The office condo, situated on the second floor, features four private offices, a conference room, a kitchenette, and a bathroom. A large parking lot, owned by the association, is located to the west of the building, with additional parking available on the north and west sides. A tenant is currently in place, and the landlord has the ability to terminate the lease with 90 days' notice. The monthly condo maintenance fee is $766.
    Insight Report Location Intelligence

    Current Use by Public Records

    Joe Palopoli Jr. Mortgage Lender Supreme Lending Mortgage Lender

    Suggested Use

    Law Firm Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Pharmacy

    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
    -80.0682674
    Latitude
    26.4629456

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    FAQs

    What type of property is this?
    Office space - Downtown office condo near Atlantic Avenue with flexible tenant terms.
    Where is this office space located?
    The property is located at 96 NE 5Th Ave Delray Beach, FL.
    What is the asking price?
    The asking price for this property is $945,000.
    What are key features of this property?
    This property features: - Prime downtown Delray Beach location, less than a block from Atlantic Avenue.; - Highly coveted office condo in the Fountain Square landmark building.; - Features four private offices, conference room, kitchenette, and bath.
    (561) 414-8884
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    96 NE 5Th Ave Delray Beach, FL 33483
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    Delray Beach, FL 33483
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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
    96 NE 5Th Ave Delray Beach, FL 33483
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