Property summary
This exceptional office space, located at 223 NE 5th Ave in Delray Beach, Florida, presents a fantastic opportunity for businesses seeking a vibrant and convenient location. The property, a single-story Class C building constructed in 1984, offers multiple tenancy options within a total of 3600 square feet. Individual suites range from a minimum of 1,200 square feet to a maximum contiguous space of 2,400 square feet, providing flexibility for various business needs. The building sits on a 0.38-acre lot in the heart of downtown Delray Beach, a thriving urban center in South Florida. The office space itself features a mostly open floor plan, ideal for collaborative work environments, complemented by private offices for focused work and two restrooms for convenience. Ample on-site parking is available, ensuring easy access for employees and clients. This recently renovated space is situated just two blocks north of Atlantic Avenue, offering exceptional visibility and proximity to the area's bustling commercial activity. The property's location on Federal Highway provides excellent accessibility and high visibility. This is an outstanding opportunity to establish a presence in one of South Florida's most dynamic and sought-after urban markets. The property is located in Palm Beach County, Florida, zip code 33483.
Property profile
VerifiedCap rate & NOI
Current use
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Law Firm
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Construction Company General Contractor
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Plumbing Service General Contractor
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Hardware & Home Improvement Construction Company
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Marketing & Advertising
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The Central Business District (CBD) is established to preserve and protect the cultural and historic aspects of downtown Delray Beach and simultaneously provide for the stimulation and enhancement of the vitality and eco…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CBD · Delray Beach, FLThe Central Business District (CBD) is established to preserve and protect the cultural and historic aspects of downtown Delray Beach and simultaneously provide for the stimulation and enhancement of the vitality and eco…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The Central Business District (CBD) is established to preserve and protect the cultural and historic aspects of downtown Delray Beach and simultaneously provide for the stimulation and enhancement of the vitality and eco…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CBD in Delray Beach, FL.
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