Listing Agency: Compass Florida LLC

Listed By: Michael Harrison Korman · License #3316647 Show Phone

Source: Onesothebysrealty

Added: Mar 12 Changed: Sep 10 Last Checked: Sep 10 at 6:19AM

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Investment Insights

Based on property information with market context.

Offered together for the first time in over 20 years, 201 and 203 NE First Avenue present a combined corner-lot assemblage totaling .38 acres of commercial land. The offering is positioned within the Old School Square Historic District on Banker’s Row, providing a consolidated site footprint suitable for buyers evaluating redevelopment or future project planning.

The properties are described as being in the heart of Downtown Delray Beach, with proximity to Pineapple Grove and Atlantic Avenue, and within a walkable corridor surrounded by restaurants, galleries, boutiques, and art and culture. The combined parcels benefit from a corner configuration across the two addresses, supporting a unified approach to site planning.

This assemblage is best suited for buyers seeking a downtown core land holding that can be controlled as a single package. With both lots included in the sale, the property provides a straightforward path for teams that want to evaluate concept layouts and development options on a larger combined footprint within a designated historic district area.

Key Highlights

• Offered together for the first time in over 20 years: 201 and 203 NE First Avenue
• Combined corner commercial land located on Banker’s Row in the Old School Square Historic District
• Total assemblage encompasses 0.38 acres of corner lots

Property Analytics

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Current Use

SARAGA & LIPSHY, P.A. Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Florist Tattoo & Piercing Shop Restaurant Supermarket

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

3,685

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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What type of property is this? Where is this commercial land 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?

Commercial land - Combined corner commercial land in a Downtown historic district, offering flexible assemblage for future development.

Where is this commercial land located?

The property is located at 201 NE 1st Avenue Delray Beach, FL.

What is the asking price?

The asking price for this property is $3,895,000.

What are key features of this property?

This property features: Offered together for the first time in over 20 years: 201 and 203 NE First Avenue; Combined corner commercial land located on Banker’s Row in the Old School Square Historic District; Total assemblage encompasses 0.38 acres of corner lots