Building Details

Year Built 1953

Listing Agency: Coastal Commercial Group, LLC c***@gmail.com Show Phone

Listed By: Ingrid L Kennemer · License #542032 Show Phone

Source: Exitrealty

Added: Dec 14, 2024 Changed: Aug 8 Last Checked: Jul 16 at 11:30AM

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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.

This free-standing office building is located on Federal Highway and features prominent signage. The corner location provides private parking with 10 spaces. The 1,628 square-foot building includes 7 private offices, flex or storage space, and a kitchenette. The lease is modified gross, with the tenant responsible for utilities.

Key Highlights

• Free standing office on Federal Highway with excellent signage.
• Corner location.
• Private parking with 10 spaces.

Property Analytics

Property Profile

Current Use

Simon & Schmidt Law Firm Roy M Simon ... Architect Smith Douglas MD Physician Sister Cities Of Delray ... Charitable Organization Destrier Software & Consulting (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Electrical Service Veterinary Clinic Catering Service Kitchen & Bath Showroom

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

3,497

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

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Questions? Ask Rey

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What type of property is this? Where is this office units located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - Office building with private parking and excellent signage.

Where is this office units located?

The property is located at 766 SE 5th Avenue Delray Beach, FL.

What is the asking price?

The asking price for this property is Off market.

What are key features of this property?

This property features: Free standing office on Federal Highway with excellent signage.; Corner location.; Private parking with 10 spaces.