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306 NE 2Nd St Delray Beach, FL 33483

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For Sale
$8,800,000

Two-story mixed-use building with redevelopment potential near downtown Delray.

Lot size:
0.86 Acres

Property Features for 306 NE 2Nd St

General Information

Property type
Commercial
Standard status
Active
Lot size
0.86 Acres

Building Details

Year built
1948

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Listing Contact
Tammy L Springer
Source: Elliman

Listing Agent: Tammy L Springer

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

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Overview

Mixed-Use Building Near Atlantic Avenue

The property at 306 NE 2nd St, also known as Santa Fe Suites, is a two-story, 6,000-square-foot free-standing building situated on a 13,000-square-foot corner lot. Constructed in 1948 and fully renovated in 2007, the building features 14 parking spaces. Additionally, the property includes a 24,000-square-foot parking lot with 48 surface parking spaces. The building is currently configured with 22 commercial/retail suites, primarily occupied by businesses in the cosmetology field. The location benefits from high daily traffic counts, situated at the corner of NE 2nd St and NE 4th Ave, just two blocks north of Atlantic Avenue in downtown Delray Beach, and one block west of Federal Highway. The property is fully entitled for a redevelopment project, with a site plan approved by the City of Delray Beach in July 2025, allowing for a four-story building with 23 residential units and 2,600 square feet of retail space.
Location Intelligence

Current Use by Public Records

Barba hot shave ... Barber Shop Johnny Frere Barber Shop Kellies Kuts Hair Salon Tamara Hall Hair ... Hair Salon Santa Fe Salon ... Hair Salon

Suggested Use

Law Firm Restaurant Dental Office Real Estate Agency Spa & Massage Center Hair Salon Nail Salon Building Supply Daycare Center Kitchen & Bath Showroom

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Delray Beach
County
Palm Beach
State
Florida
Longitude
-80.0695427
Latitude
26.4650333

FAQs

What type of property is this?
Mixed-use property - Two-story mixed-use building with redevelopment potential near downtown Delray.
Where is this mixed-use property located?
The property is located at 306 NE 2Nd St Delray Beach, FL.
What is the asking price?
The asking price for this property is $8,800,000.
What are key features of this property?
This property features: - Fully entitled redevelopment project: Approved site plan for a 4-story building with 23 residential units and 2,600 sf of retail space (approved July 2025).; - Prime Location: Corner lot, 2 blocks North of Atlantic Avenue in downtown Delray Beach and 1 block West of Federal Highway.; - High Traffic Counts, increasing visibility and business potential.
More about this property
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