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Freestanding Restaurant with Parking
For Sale
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60 NW 5th Ave, Delray Beach, FL 33444

General Commercial/Restaurant/Retail zoning accompanies a tenant-occupied restaurant property with private parking.

Property SizeContact for details
Lot Size0.51 Acres
Days on Market143

Property Features for 60 NW 5th Ave

General Information

Standard status Active
Lot size 0.51 Acres
Property subtype Land, Mixed Use, Retail, Special Purpose
Zoning GENERAL COMMERCIAL/RESTAURANT/RETAIL

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Buildings 1
Listing Agency: Florida Realty of Miami Corp
Listed By: Karen Martin · License #FL
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 4:31AM

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 Florida Realty of Miami Corp

Investment Insights

Based on property information with market context.

This freestanding restaurant property occupies just over a 0.51-acre lot at 60 NW 5th Ave in Delray Beach. The site includes private parking and signage opportunities, with the building currently occupied by a restaurant tenant.

The property is located in Downtown Delray Beach on Atlantic Avenue east of I-95. It is approximately 1.4 miles from the beach and offers access to I-95, the Turnpike, and other major highways. The airport is approximately 25 minutes away. Zoning is identified as General Commercial/Restaurant/Retail. The current lease has a 10-year term and includes a right of first refusal.

Key Highlights

  • Freestanding restaurant building on just over a .51 acre lot
  • Currently tenant‑occupied with a 10‑year lease and right of first refusal
  • General Commercial/Restaurant/Retail zoning

Property Analytics

Current Use

ROCKSTEADY®STEAKHOUSE Restaurant

Suggested Use

Top Pick Veterinary Clinic Grocery & Convenience Store (Bike/Boat/Book/etc) Store Catering Service Butcher Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

3,242
Businesses Nearby
101k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 35% Dining 31% Shops & Services 20% Apparel 14%
The Ray Hotel Delray Beach, Curio Collection by Hilton Hotels & Casinos
23,390 visits/mo 0.5 miles
Starbucks Dining
11,158 visits/mo 0.4 miles
BankUnited Shops & Services
9,864 visits/mo 0.5 miles
Hyatt Place Delray Beach Hotels & Casinos
9,479 visits/mo 0.4 miles
Marathon Petroleum Shops & Services
9,208 visits/mo 0.3 miles

Demographics for 33444, FL

22,671
Population
10,469
Households
2.2
Avg Household Size
41
Median Age
33%
College-Educated
84%
High-School Grad
5.0 sq mi
ZIP Area
4,534
Density / Sq Mi
$74,803
Median Household Income
$37,915
Median Earnings
$1,712
Median Rent
$425,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - General Commercial/Restaurant/Retail zoning accompanies a tenant-occupied restaurant property with private parking.
Where is this conventional restaurant located?
The property is located at 60 NW 5th Ave Delray Beach, FL.
What are key features of this property?
This property features: Freestanding restaurant building on just over a .51 acre lot; Currently tenant‑occupied with a 10‑year lease and right of first refusal; General Commercial/Restaurant/Retail zoning
More about this property
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