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Downtown Delray Beach Commercial Condo
For Sale
Contact for pricing
Pending

123 NE 2nd Ave, Delray Beach, FL 33444

Pristine 1,138 SF commercial condo in Downtown Delray Beach.

Property Size1,138 SF
Days on Market1458

Property Features for 123 NE 2nd Ave

General Information

Standard status Pending
Size 1,138 SF
Class A
Property subtype Retail
Zoning CBD

Building Details

Year Built 2008
Buildings 1
Stories 1
Units 1
Listing Agency: Coastal Commercial Group, LLC
Listed By: Ingrid Kennemer · License #542032
Source: Crexi
Added: Sep 4, 2022 Changed: Aug 27 Last Checked: Aug 31 at 7:47AM

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 Coastal Commercial Group, LLC

Investment Insights

Based on property information with market context.

A 1,138 square foot commercial condominium is available for purchase in Downtown Delray Beach. The ground floor space features large windows providing natural light, high ceilings with exposed beams, polished concrete floors, and hurricane impact doors and windows. It includes one bathroom and three reserved garage parking spaces. Public parking is located adjacent to the property. The condo is situated one block north of Atlantic Avenue on Pineapple Grove Way and NE 1st Street, and is located half a block from The Ray Hotel and The Rosewater Rooftop Restaurant. The owner has access to a rooftop pool and cabana. The property is zoned for retail space. The monthly condo fee is $489.

Key Highlights

  • Prime Downtown Delray Beach location, just a block north of Atlantic Avenue and close to The Ray Hotel and Rosewater Rooftop Restaurant.
  • 1,138 +/- SF ground floor commercial condo space zoned for retail.
  • Includes 3 reserved garage parking spaces in building, plus adjacent public parking.

Property Analytics

Current Use

FURST Department Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Veterinary Clinic Butcher Grocery & Convenience Store Florist

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

3,299
Businesses Nearby
116k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 34% Shops & Services 27% Dining 25% Apparel 12%
The Ray Hotel Delray Beach, Curio Collection by Hilton Hotels & Casinos
23,390 visits/mo 0.5 miles
Starbucks Dining
11,158 visits/mo 0.2 miles
BankUnited Shops & Services
9,864 visits/mo 0.3 miles
Sunoco Shops & Services
9,718 visits/mo 0.4 miles
Hyatt Place Delray Beach Hotels & Casinos
9,479 visits/mo 0.3 miles

Demographics for 33444, FL

22,671
Population
10,469
Households
2.2
Avg Household Size
41
Median Age
33%
College-Educated
84%
High-School Grad
5.0 sq mi
ZIP Area
4,534
Density / Sq Mi
$74,803
Median Household Income
$37,915
Median Earnings
$1,712
Median Rent
$425,200
Median Home Value

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Tamara's Flower Garden 851 SE 6th Ave #107, Delray Beach, FL 33483
  • From Roehm With Love 257 NE 2nd Ave, Delray Beach, FL 33444

Frequently Asked Questions

What type of property is this?
Storefront property - Pristine 1,138 SF commercial condo in Downtown Delray Beach.
Where is this storefront property located?
The property is located at 123 NE 2nd Ave Delray Beach, FL.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Prime Downtown Delray Beach location, just a block north of Atlantic Avenue and close to The Ray Hotel and Rosewater Rooftop Restaurant.; 1,138 +/- SF ground floor commercial condo space zoned for retail.; Includes 3 reserved garage parking spaces in building, plus adjacent public parking.
(561) 441-0967 Call to check price and availability
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