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Property profile

355 NE 5Th Ave 0080 Delray Beach, FL 33483

FOR SALE
Specialty properties
Property ID
US18-8579425
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355 NE 5Th Ave,Unit 0080, Delray Beach, FL 33483 For Sale
$13,895,000
355 NE 5Th Ave,Unit 0080, Delray Beach, FL 33483
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Property summary

AI-generated overview

This exceptional special-purpose property at 355 NE 5th Avenue in Delray Beach, Florida (zip code 33445, APN 12434616750000010), offers a unique blend of office and warehouse space, ideal for a variety of businesses. The two-story building, encompassing a total of 1,084 to 5,108 square feet (divisible or contiguous), is situated in the heart of downtown Delray Beach, providing excellent visibility and accessibility. The first floor features a spacious reception area, a well-appointed conference room, four private offices, a convenient breakroom, high ceilings, abundant natural light from numerous windows, and two restrooms. A significant advantage is the inclusion of a small warehouse area, complete with a 7-foot high by 8-foot wide roll-up door, and a separate small office with its own access. The second floor offers additional amenities, including two restrooms, nine private offices, a flexible bullpen workspace, and another conference room. Ample parking is available, a significant benefit in a bustling downtown area. This single-tenant building presents a rare opportunity to acquire a versatile and well-located commercial property in a thriving Florida market. The property is a single-suite building on a lot with a size of 0 sq ft.

Property profile

Verified
Property type Specialty properties
UPID US18-8579425

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Real Estate Agency
  • Advertising Agency Marketing & Advertising
  • Law Firm
  • Consultant

Location

355 NE 5Th Ave, Unit 0080 Delray Beach, FL 33483
Delray Beach metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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