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Retail Shopping Center Redevelopment Site
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301 NE 2nd Ave, Delray Beach, FL 33444

CBD-zoned property supports retail, office, residential, hospitality, and mixed-use development.

Property SizeContact for details
Lot Size1.28 Acres
Days on Market142

Property Features for 301 NE 2nd Ave

General Information

Standard status Active
Lot size 1.28 Acres
Property subtype Land
Zoning CBD
Occupancy 100%

Site & Location

Corner Location Yes
Road Access Yes

Additional Details

Land Use retail, mixed-use

Building Details

Buildings 3
Tenancy Multi
Listing Agency: Vision Real Estate Advisors
Listed By: Elon Gerberg · License #SL3337333
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 3:26AM

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.

Pineapple Grove Promenade is a 1.28-acre retail shopping center comprising three buildings with multiple tenants and 100% occupancy. The property currently includes specialty boutiques, medical specialists, restaurants, and galleries, while its leases have an approximately 6-month weighted average remaining term. CBD zoning permits retail, office, residential, hospitality, and mixed-use development, with an overall building height of up to 4 stories or 54 feet.

The property occupies the northeast corner of NE 3rd Street and NE 2nd Avenue, also known as Pineapple Grove Way, in Delray Beach’s Pineapple Grove Arts District. It is adjacent to The Ray Hotel, a 141-room luxury boutique hotel, and within walking distance of restaurants, shops, residential areas, and the beach. Pineapple Grove Way extends from downtown Delray Beach’s Atlantic Avenue into the surrounding arts district.

Key Highlights

  • 1.28‑acre retail shopping center with three buildings
  • 100% occupied multi‑tenant property
  • CBD zoning permits retail, office, residential, hospitality, and mixed‑use uses

Property Analytics

Current Use

Art In Delray Gallery Art Gallery

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Butcher Florist Veterinary Clinic Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

3,685
Businesses Nearby
155k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 28% Hotels & Casinos 24% Groceries 21% Shops & Services 16%
Publix Groceries
31,996 visits/mo 0.4 miles
The Ray Hotel Delray Beach, Curio Collection by Hilton Hotels & Casinos
23,390 visits/mo 0.1 miles
Starbucks Dining
11,158 visits/mo 0.3 miles
Anthony's Coal Fired Pizza Dining
9,998 visits/mo 0.3 miles
BankUnited Shops & Services
9,864 visits/mo 0.3 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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

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  • Atlantic Plaza 777 E Atlantic Ave, Delray Beach, FL 33483
  • Pineapple Grove Arts District ne 2nd ave, delray beach, fl 33444

Frequently Asked Questions

What type of property is this?
Shopping center - CBD-zoned property supports retail, office, residential, hospitality, and mixed-use development.
Where is this shopping center located?
The property is located at 301 NE 2nd Ave Delray Beach, FL.
What are key features of this property?
This property features: 1.28‑acre retail shopping center with three buildings; 100% occupied multi‑tenant property; CBD zoning permits retail, office, residential, hospitality, and mixed‑use uses
(561) 725-0725 Call to check price and availability
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