Mixed-Use Development
For Sale
Contact for pricing
Pending
466-506 NE 5th Avenue, Delray Beach, FL 33483
Proposed mixed-use project with three first-floor retail spaces, 16 residential units, and 50 parking spaces.
Property Size36,000 SF
Lot Size0.68 Acres
Days on Market148
Property Features for 466-506 NE 5th Avenue
General Information
Standard status
Pending
Size
36,000 SF
Total Parking Spaces
50
Lot size
0.68 Acres
Property subtype
Mixed Use
Additional Details
Multifamily Units
16
Listing Agency:
Coastal Commercial Group, LLC
Listed By:
Ingrid Kennemer · License #542032
(561) 441-0967
Source:
Crexi
Added: Apr 12
Changed: Sep 2
Last Checked: Sep 4 at 10:52PM
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 Coastal Commercial Group, LLC
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.
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
Property Analytics
Current Use
Lease Details
16
Residential units
Location Intelligence
Trade Area within ½ mile
1,808
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
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Frequently Asked Questions
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
