Commercial Land Redevelopment
For Sale
$2,500,000
369 SE 2nd Ave, Delray Beach, FL 33483
Located in the CBD Railroad Corridor District with multifamily redevelopment identified in a zoning study.
Property Size2,000 SF
Price / SF$1,250
Days on Market17
Property Features for 369 SE 2nd Ave
General Information
Standard status
Active
Size
2,000 SF
Building Details
Year Built
1958
Listing Agency:
Douglas Elliman
(561) 389-9117
Listed By:
Dorian Hayes · License #R11164209
Source:
Thepennteam
Added: Aug 15
Changed: Aug 28
Last Checked: Aug 30 at 7:42PM
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
Investment Insights
Based on property information with market context.
This commercial land offering includes an existing paved road along the eastern rear boundary and is presented for redevelopment. The property is located at 369 SE 2nd Ave in Delray Beach, within the CBD Railroad Corridor District. Multifamily development is identified in a zoning study, with a range of 86 to 172 units referenced for the site. A storage unit project is also described as a possible use subject to an application with the City.
The property is positioned in downtown Delray Beach, within walking distance of Atlantic Avenue and the beach. Tenants are currently in place, and NOI information is available to qualified buyers.
The property is positioned in downtown Delray Beach, within walking distance of Atlantic Avenue and the beach. Tenants are currently in place, and NOI information is available to qualified buyers.
Key Highlights
- Commercial land at 369 SE 2nd Ave, Delray Beach, FL 33483
- Located in the CBD Railroad Corridor District
- Zoning study references 86‑172 multifamily units
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,945
Businesses Nearby
Explore this area
Business Placement
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 Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Located in the CBD Railroad Corridor District with multifamily redevelopment identified in a zoning study.
Where is this commercial land located?
The property is located at 369 SE 2nd Ave Delray Beach, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Commercial land at 369 SE 2nd Ave, Delray Beach, FL 33483; Located in the CBD Railroad Corridor District; Zoning study references 86‑172 multifamily units
