181 SE 5th Ave Delray Beach, FL 33483

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

Listed by Ingrid Kennemer · License #542032

Source Crexi

Added: May 3, 2023 Checked: Jul 17 at 11:39 am

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Investment Insights

Based on property information with market context.

This property presents a redevelopment opportunity in Delray Beach, featuring approximately 120 feet of frontage on Federal Highway and approximately 125 feet on SE 2nd Street, encompassing a 14,800 square foot lot. The existing 4,586 square foot building includes 14 private offices, one office with a private restroom, two conference rooms, two additional restrooms, and a breakroom. The property provides approximately 19 parking spaces. Situated on a corner lot with frontage on three sides, the zoning is CBD. It is located 1.5 blocks south of Atlantic Avenue on Federal Highway (SE 5th Avenue).

Key Highlights

• Prime Delray Beach location, just 1.5 blocks south of Atlantic Avenue.
• +/- 120' frontage on Federal Highway and +/- 125' on SE 2nd Street, offering a corner lot with frontage on 3 sides.
• Opportunity for redevelopment on a 14,800 +/- SF lot.

Property Analytics

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FAQs

What type of property is this?

Commercial land - Prime corner lot near Atlantic Avenue for redevelopment or use.

Where is this commercial land located?

The property is located at 181 SE 5th Ave Delray Beach, FL.

What is the asking price?

The asking price for this property is $4,000,000.

What are key features of this property?

This property features: Prime Delray Beach location, just 1.5 blocks south of Atlantic Avenue.; +/- 120' frontage on Federal Highway and +/- 125' on SE 2nd Street, offering a corner lot with frontage on 3 sides.; Opportunity for redevelopment on a 14,800 +/- SF lot.