Seasonal Storefront
386 SE 2nd Avenue, Delray Beach, FL 33483
For Sale
New
Contact for pricing
An 8,200-square-foot storefront property is available for seasonal occupancy.
Property Size8,200 SF
Price / SF$0.29
Days on Market3
Property Features for 386 SE 2nd Avenue
General Information
Standard status
Size
Property subtype
Amenities
City Location, West Of US 1, Sidewalk
Flat Tile, Flat Roof With Facade Front
Public Sewer, Public Sanitation, Sewer
Parcel Number: 12434616010800130cbdzone, Annual Amount: $7, Legal Description: Town of Delray Beach - N194.07FT of S 344.07FT of THPT Block 80 LYGE RY, Year: 2026, Zoning: CBD
Tile
Central Air
Listing ID: B26098438, Standard Status: Active, MLS Status: Active, Property Subtype: Multi Family, On market as of 2026-11-10, Special Conditions: Lease
19 total parking spaces, No Boats, Shared Parking, No Rv/Boats
Built in 1955, Living area: 8200, Living area units: Square Feet, 1 building, 1 storey, Levels: 1, Construction Materials: Concrete Block Construction
County/Parish: Palm Beach County
Leasable area: 580, Leasable area units: Square Feet
1 units in community
Cable Connected, Electricity Connected, Water Connected, Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available, Water Source: Public, 101-200 Amps, 220 Volts, Separate Meters, 220 Volt
Rental Agreement
A/C & Heating Maintenance, Electricity, Inside Insurance, Janitorial Service, Interior Maintenance, Telephone, Real Estate Tax, Sales Tax
Frontage Type: City Street, City/County Maintained, City, U.S. Hwy, Road Responsibility: Public Maintained Road
West Of Us1, None
No Fire Protection, No Security
Building Details
Year Built
Listing Agency:
All Concierge Inc
(866) 973-2424
Listed By:
Todd Levine · License FL #3211500
(561) 927-8464
Source:
Riserealty
Added: Nov 10
Changed: Nov 12
Last Checked: Nov 12 at 2:14PM
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 All Concierge Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 8,200-square-foot storefront property was built in 1955 and is offered for seasonal occupancy. Its storefront classification and substantial floor area define the available commercial space.
Key Highlights
- 8,200 square feet of storefront space
- Built in 1955
- Available for seasonal occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$99,590
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,991,800
$2.0M
Cap Rate 7%
$1,422,714
$1.4M
Cap Rate 9%
$1,106,556
$1.1M
Market Conditions
NOI Build-Up for 8,200 SF
Gross rent
$150.6K $18.36/SF
− Vacancy
−$8.3K −$1.01/SF
EGI
$142.3K $17.35/SF
− OpEx
−$42.7K −$5.21/SF
NOI
$99.6K $12.15/SF
Area
Palm Beach County, FL
Vacancy
5.50%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,991,800
Cap Rate 7%
$1,422,714
Cap Rate 9%
$1,106,556
Alternative Uses
Best Use
Retail
$1.42M
$1.24M – $1.66M
NOI $99,590 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.77M
$5.05M – $6.74M
NOI $404,243 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,945
Businesses Nearby
59k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 39%
Dining 27%
Apparel 24%
Hotels & Casinos 10%
Sunoco
Shops & Services
9,718 visits/mo
0.3 miles
Capital One Café
Dining
8,700 visits/mo
0.5 miles
Brandy Melville
Apparel
7,102 visits/mo
0.5 miles
Urban Outfitters
Apparel
6,894 visits/mo
0.5 miles
Courtyard by Marriott Delray Beach
Hotels & Casinos
6,034 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
$755,700
Median Home Value
Market
Average Price Trend$/SF for Storefront properties in Palm Beach County, FL
Properties on Market for Storefront properties in Palm Beach County
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Tamara's Flower Garden — 851 SE 6th Ave #107, Delray Beach, FL 33483
Frequently Asked Questions
What type of property is this?
Storefront property - An 8,200-square-foot storefront property is available for seasonal occupancy.
Where is this storefront property located?
The property is located at 386 SE 2nd Avenue Delray Beach, FL.
What are key features of this property?
This property features: 8,200 square feet of storefront space; Built in 1955; Available for seasonal occupancy
