354 NE 1St Ave Delray Beach, FL 33444
For Sale
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Property summary
This stunning 1,928 square foot office building, located at 354 NE 1st Avenue in Delray Beach, Florida, presents a rare opportunity to own a piece of history. Originally built in 1929, this former residence has been thoughtfully converted into a versatile and functional office space. The property boasts eight private offices, several of which offer ample room for multiple desks, plus a large open workspace ideal for collaborative projects. A convenient kitchenette and two bathrooms add to the functionality. The building's character is enhanced by large, arched windows that flood the interior with natural light, complementing the beautifully finished wainscoting. Beyond the interior, the property offers a significant advantage: ample parking, a rare find in this desirable downtown location. The lush landscaping provides a tranquil and inviting atmosphere, a welcome contrast to the bustling city center. The asking price for this unique property is $2,590,000. Situated in Palm Beach County, Florida, with a zip code of 33444, this property offers a blend of historic charm and modern functionality, making it an exceptional investment opportunity. The lot size is not specified. This single-unit building presents a unique opportunity to acquire a well-maintained and attractive office space in a prime Delray Beach location.
Property profile
VerifiedCap rate & NOI
Current use
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Resort
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Home Health Care Service
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Home Health Care Service
Value estimations
Owner & transaction history
Zoning & alternative use
The Old School Square Historic Arts District, OSSHAD is a mixed use district which is intended to provide for mixed uses of residential, office, and commercial activities, with an emphasis on the arts, that will encourag…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Derived from the Delray Beach market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
OSSHAD · Delray Beach, FLThe Old School Square Historic Arts District, OSSHAD is a mixed use district which is intended to provide for mixed uses of residential, office, and commercial activities, with an emphasis on the arts, that will encourag…
Zoning
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Zoning designation
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The district profile from the municipal source: what is on file for OSSHAD in Delray Beach, FL.
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