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342 3Rd Ave Delray Beach, FL 33444

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For Sale
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Historic building, high-growth area. Six units, huge potential.

Property size:
3,067 SF

Property Features for 342 3Rd Ave

General Information

Property type
Specialty properties
Square Feet
3,067 SF

Building Details

Year Built
1946
Units
6

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Listing Contact
Frank Gentile

Listing Agency: Compass Florida LLC Listing Agent: Frank Gentile

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional special-purpose property, located at 342 NE 3rd Avenue in Delray Beach, Florida, presents a unique investment opportunity. The 3,067 square foot building, constructed in 1946, sits on a 10,167+/- square foot lot and boasts six units. Its strategic location within the Central Business District (CBD) – specifically the Railroad Corridor and Pineapple Grove – offers unparalleled access to Delray Beach's vibrant downtown area. The property's zoning allows for a diverse range of uses, including office, retail, restaurant, and mixed-use developments, with a maximum height of 48 feet. The building features two overhead doors, providing convenient access for various businesses. Its advantageous position offers frontage on NE 3rd Avenue and alley access, enhancing visibility and accessibility. Furthermore, the property benefits from its proximity to two city parking lots, addressing a key concern for potential tenants and customers. The asking price for this remarkable property is $3,500,000. This presents a rare chance to acquire a well-situated asset in a thriving Florida market with significant upside potential.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Law Firm Restaurant Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Daycare Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Delray Beach
County
Palm Beach
State
Florida
Longitude
-80.0704717
Latitude
26.4679934

FAQs

What type of property is this?
Specialty property - Historic building, high-growth area. Six units, huge potential.
Where is this specialty property located?
The property is located at 342 3Rd Ave Delray Beach, FL.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: $3,500,000 asking price.; Special purpose property with 3,067 square feet.; Six units.
(561) 393-7000 Call to check price and availability
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