466-506 NE 5th Avenue Delray Beach, FL 33483

Listing agency Coastal Commercial Group, LLC c***@gmail.com Show Phone

Listed by Ingrid Kennemer · License #R11044754

Source Crexi

Added: Apr 12 Updated: Jul 22 at 12:56PM Checked: Jul 22 at 12:56PM

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Investment Insights

Based on property information with market context.

This proposed mixed-use development includes a building size of 36,000 +/- SF and a land area of 27,707 SF (0.68 acres). The plan calls for three retail spaces on the first floor along with 16 residential spaces, made up of four 1-bedroom, 1-bath units, eight 2-bedroom, 2.5-bath units, and four 3-bedroom, 2.5-bath units. The configuration also provides 50 total parking spaces.

The property is located at 466-506 NE 5th Avenue in Delray Beach, Florida. The listing notes current NOI of $180,000 with short-term leases.

No further details are provided regarding building status, unit mix availability, or specific frontage or access characteristics.

Key Highlights

• Proposed mixed‑use development in Delray Beach with 36,000 +/- SF building size
• Land totals 27,707 SF (0.68 acres)
• First‑floor retail includes 3 retail spaces

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FAQs

What type of property is this?

Mixed-use property - Proposed mixed-use project with three first-floor retail spaces, 16 residential units, and 50 parking spaces.

Where is this mixed-use property located?

The property is located at 466-506 NE 5th Avenue Delray Beach, FL.

What are key features of this property?

This property features: Proposed mixed‑use development in Delray Beach with 36,000 +/- SF building size; Land totals 27,707 SF (0.68 acres); First‑floor retail includes 3 retail spaces