CBD-Zoned Commercial
For Sale
Contact for pricing
215 NE 5th Ave, Delray Beach, FL 33483
CBD-zoned redevelopment site with an existing short-term Tae Kwon Do studio lease.
Property SizeContact for details
Days on Market144
Property Features for 215 NE 5th Ave
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Vision Real Estate Advisors
(561) 725-0725
Listed By:
Elon Gerberg · License #SL3337333
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 7:53AM
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 Vision Real Estate Advisors
Investment Insights
Based on property information with market context.
This commercial land holding includes a recently renovated approximately 1,500-square-foot building occupied by a Tae Kwon Do studio under a short-term lease. The existing structure provides interim occupancy while the site is evaluated for future redevelopment. A recently completed Phase-1 environmental report is clean.
The property occupies approximately 0.34 acres at the intersection of NE 2nd St and NE 5th Ave, identified as US-1 South, two blocks north of Atlantic Avenue. It is directly across from the 143-room Hampton Inn Delray and surrounded by restaurants, art boutiques, shops, dining, and nightlife. The CBD zoning allows retail, office, residential, hospitality, and mixed-use development, with a maximum height of four stories or 54 feet. Restaurants, shopping, residential areas, and the beach are within walking distance.
The property occupies approximately 0.34 acres at the intersection of NE 2nd St and NE 5th Ave, identified as US-1 South, two blocks north of Atlantic Avenue. It is directly across from the 143-room Hampton Inn Delray and surrounded by restaurants, art boutiques, shops, dining, and nightlife. The CBD zoning allows retail, office, residential, hospitality, and mixed-use development, with a maximum height of four stories or 54 feet. Restaurants, shopping, residential areas, and the beach are within walking distance.
Key Highlights
- Approximately 0.34‑acre commercial land site in Downtown Delray Beach
- CBD zoning permits retail, office, residential, hospitality, and mixed‑use development
- Maximum permitted building height of four stories or 54 feet
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,666
Businesses Nearby
155k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 28%
Hotels & Casinos 24%
Groceries 21%
Shops & Services 16%
Publix
Groceries
31,996 visits/mo
0.3 miles
The Ray Hotel Delray Beach, Curio Collection by Hilton
Hotels & Casinos
23,390 visits/mo
0.2 miles
Starbucks
Dining
11,158 visits/mo
0.4 miles
Anthony's Coal Fired Pizza
Dining
9,998 visits/mo
0.2 miles
BankUnited
Shops & Services
9,864 visits/mo
0.4 miles
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 Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - CBD-zoned redevelopment site with an existing short-term Tae Kwon Do studio lease.
Where is this commercial land located?
The property is located at 215 NE 5th Ave Delray Beach, FL.
What are key features of this property?
This property features: Approximately 0.34‑acre commercial land site in Downtown Delray Beach; CBD zoning permits retail, office, residential, hospitality, and mixed‑use development; Maximum permitted building height of four stories or 54 feet
