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    Multifamily Redevelopment Site Title is generated by Realmo AI

    369 SE 2nd Avenue, Delray Beach, FL 33483

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    For Sale
    $3,000,000

    Redevelopment parcel sized for 86–172 units under zoning, with a paved access road to the east in place.

    Type:Mixed Use
    Property size:
    2,000 SF
    Lot size:
    2.50 Acres
    Price / SF:
    $1,500/SF
    Added:
    Dec 21, 2025
    Days on Market:
    176
    Last Refresh:
    Jun 14 at 2:02 am

    Property Features for 369 SE 2nd Avenue

    General Information

    Standard status
    Active
    Size
    2,000 SF
    Lot size
    2.50 Acres
    Property subtype
    Mixed Use

    Building Details

    Year Built
    1958

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    Listing Contact
    Douglas Elliman

    Listing agent Douglas Elliman

    Listing office

    Listing date Dec 21, 2025

    Source Xome

    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 Douglas Elliman

    HighLights

    • Zoned CBD‑RC for multi‑family redevelopment with 86–172 units as per zoning
    • Redevelopment parcel size described as 1.23–2.5 acres as part of an assemblage
    • Unique paved road to the east (rear) provides access to the parcel
    • Full disclosure of tenants in place; NOI provided to qualified buyers
    • Year built 1958; A/C - other cooling and heating system listed as 3

    Overview

    This redevelopment opportunity offers a multifamily site that can be incorporated into an assemblage, with approximately 1.23 to 2.5 acres available depending on the final configuration. Zoning provides for a density range of 86 to 172 units, and there is an additional possibility to pursue a storage unit site with application to the City. The property also features a unique paved road to the east at the rear, which may be relevant to access and site planning.

    The property is positioned in downtown Delray Beach, within walking distance to Atlantic Avenue and the Beach CBD. It is also described as being located in the Railroad Corridor District.

    Investors and developers should consider this offering for a ground-up multifamily redevelopment plan aligned with the stated unit range under zoning. The property includes tenants in place, and the NOI is provided to qualified buyers as part of the due diligence process. For users exploring alternate programming, the available mention of a potential storage unit development underscores the need to coordinate early with City application requirements and approvals.
    Location Intelligence

    Current Use by Public Records

    Palm Beach Lift ... Big Box & Wholesale Store

    Suggested Use

    Law Firm Restaurant Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Delray Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0706709
    Latitude
    26.4549574

    FAQs

    What type of property is this?
    Apartment building - Redevelopment parcel sized for 86–172 units under zoning, with a paved access road to the east in place.
    Where is this apartment building located?
    The property is located at 369 SE 2nd Avenue Delray Beach, FL.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: Zoned CBD‑RC for multi‑family redevelopment with 86–172 units as per zoning; Redevelopment parcel size described as 1.23–2.5 acres as part of an assemblage; Unique paved road to the east (rear) provides access to the parcel
    More about this property
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