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Delray Beach Arts District Opportunity
For Sale
$1,800,000
Pending

367 NE 3rd Ave, Delray Beach, FL 33444

Freestanding 1600 SF building in Delray Beach's Arts District.

Property Size1,600 SF
Lot Size0.06 Acres
Days on Market147

Property Features for 367 NE 3rd Ave

General Information

Standard status Pending
Size 1,600 SF
Lot size 0.06 Acres
Property subtype Commercial

Building Details

Year Built 1966
Listing Agency: Better Homes & Gdns RE Fla 1st
Listed By: Alexander Sepkowski
Source: Elliman
Added: Mar 11 Changed: Jul 10 Last Checked: Jul 23 at 10:44AM

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 Better Homes & Gdns RE Fla 1st

Investment Insights

Based on property information with market context.

Located in Delray Beach's Arts District, this freestanding 1600 square foot building is situated steps from Atlantic Avenue and minutes from the beach. The property is zoned CBD-RC, offering flexible potential in an area characterized by galleries, boutiques, luxury apartments, hotels, and cultural venues. The location benefits from high foot traffic, high visibility, and creative energy. The property is suitable for repositioning or redevelopment, with close proximity to Atlantic Avenue and the beach. The CBD-RC zoning allows for a wide range of uses, and included second-story concept plans provide additional value and future expansion options. This property is ideal for creating a boutique commercial space, studio, café, or signature brand location in one of Delray Beach’s vibrant corridors. It presents a rare opportunity for investors or end users.

Key Highlights

  • Prime location in Delray Beach's Arts District, steps from Atlantic Ave and minutes from the beach.
  • CBD‑RC zoning allows for flexible use, including redevelopment potential.
  • High foot traffic and excellent visibility in a vibrant area of galleries, boutiques, and cultural venues.

Property Analytics

Current Use

Salty Dog Grooming Pet Grooming Service

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Butcher Veterinary Clinic Florist Fish Market

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

1,012
Businesses Nearby
77k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 42% Shops & Services 40% Apparel 11% Dining 4%
Publix Groceries
31,996 visits/mo 0.4 miles
Dollar Tree Shops & Services
11,174 visits/mo 0.2 miles
Goodwill Apparel
8,499 visits/mo 0.4 miles
7-Eleven Shops & Services
6,014 visits/mo 0.2 miles
Sunoco Shops & Services
4,646 visits/mo 0.1 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
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Similar Off Market Nearby

  • From Roehm With Love 257 NE 2nd Ave, Delray Beach, FL 33444
  • Delray Beach Florist 1310 N Federal Hwy, Delray Beach, FL 33483

Frequently Asked Questions

What type of property is this?
Storefront property - Freestanding 1600 SF building in Delray Beach's Arts District.
Where is this storefront property located?
The property is located at 367 NE 3rd Ave Delray Beach, FL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Prime location in Delray Beach's Arts District, steps from Atlantic Ave and minutes from the beach.; CBD‑RC zoning allows for flexible use, including redevelopment potential.; High foot traffic and excellent visibility in a vibrant area of galleries, boutiques, and cultural venues.
More about this property
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