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Income-Producing Land Assemblage
For Sale
$13,895,000

355 NE 5th Avenue 0080, Delray Beach, FL 33483

Contiguous three-parcel assemblage with multiple income-producing buildings and CBD zoning suitable for mixed-use redevelopment.

Property Size12,077 SF
Lot Size1.00 Acre
Price / SF$1,150
Days on Market50

Property Features for 355 NE 5th Avenue 0080

General Information

Standard status Active
Size 12,077 SF
Lot size 1.00 Acre
Property subtype Mixed Use

Additional Details

Business Included Yes
Highway Access Yes

Taxes and HOA fees

Annual Taxes $11,315

Building Details

Building Size 12,077 SF
Year Built 1982
Listing Agency: Xcellence
Listed By: Paul Jacques · License #3187171
Source: Pamandtoni
Added: Jul 7 Changed: Aug 23 Last Checked: Aug 25 at 11:50AM

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 Xcellence

Investment Insights

Based on property information with market context.

This offering is a contiguous three-parcel land assemblage totaling more than one acre and currently improved with multiple income-producing buildings generating rental income. The property includes space that may be leased to help create additional income, along with the potential for redevelopment consistent with favorable CBD zoning.

The assemblage is located at 355 NE 5th Ave # 0080, Delray Beach, FL 33483, positioned along highly visible Federal Highway. The site is described as being approximately three blocks north of Atlantic Avenue, with convenient access to Interstate 95 and minutes from Delray Beach’s beaches.

For buyers evaluating land holdings with existing revenue, this configuration combines in-place cash flow with options to adjust leasing and pursue redevelopment under CBD zoning.

Key Highlights

  • Contiguous three‑parcel land assemblage totaling more than 1 acre
  • CBD zoning suitable for high‑density mixed‑use redevelopment
  • Improved with multiple income‑producing buildings generating rental income

Property Analytics

Current Use

Waterfront Properties and Club ... Real Estate Agency Singer Island Oceanfront ... Real Estate Agency Mojo Media Advertising Agency Steinberg Law, P.A. Law Firm Foxman Alan J Consultant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Veterinary Clinic Florist Fish Market 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

Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,227
Businesses Nearby
115k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 32% Groceries 28% Shops & Services 22% Dining 16%
Publix Groceries
31,996 visits/mo 0.1 miles
The Ray Hotel Delray Beach, Curio Collection by Hilton Hotels & Casinos
23,390 visits/mo 0.3 miles
Anthony's Coal Fired Pizza Dining
9,998 visits/mo 0.4 miles
Hyatt Place Delray Beach Hotels & Casinos
9,479 visits/mo 0.5 miles
7-Eleven Shops & Services
6,014 visits/mo 0.3 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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Contiguous three-parcel assemblage with multiple income-producing buildings and CBD zoning suitable for mixed-use redevelopment.
Where is this retail space located?
The property is located at 355 NE 5th Avenue 0080 Delray Beach, FL.
What is the asking price?
The asking price for this property is $13,895,000.
What are key features of this property?
This property features: Contiguous three‑parcel land assemblage totaling more than 1 acre; CBD zoning suitable for high‑density mixed‑use redevelopment; Improved with multiple income‑producing buildings generating rental income
More about this property
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