You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR LEASE
Office buildings

223 NE 5Th Ave Delray Beach, FL 33483

4,050 SF 0.37 ac lot Built 1984
Entity Owned ~ Est. High Equity
Property ID
US18-2450782
Property summary
AI-generated overview

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
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1984
Construction WOOD
Total area 4,050 SF
Lot 0.37 ac (15,912 SF)
Zoning code CBD
APN 12-43-46-16-01-106-0070
UPID US18-2450782
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Tower MSA Partners Law Firm
  • Southshore Builders Construction Company General Contractor
  • Suncoast Home Solutions Plumbing Service General Contractor
  • Delray Beach Mold dremoval Capital Hardware & Home Improvement Construction Company
  • The Cerberus Group Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.76M
Comparable Approach Comparable
$1.04M
Blend (final) Blend
$1.38M
Owner & transaction history
Se Shore LLC
Se Shore LLC
since 2025
4 recorded transactions
2025
Price N/A
2013
Price N/A
2000
$315,000
1969
Price N/A
Zoning & alternative use
CBD · Delray Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $2.0M +4.9%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message