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Property profile & analytics

55 Ne 5Th Ave Delray Beach, FL 33483

  • Office buildings
  • 18,756 SF
  • 0.19 lot acres
Value Estimation
Location Intelligence
Property ID
US18-5494975
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Legacy Research Group / Publisher
  • Jeff Clark Trader / Financial Consultant
  • Brownstone Research / Publisher
  • Fifth Avenue Place Parking / Bus Station
  • New Paradigm Research / Publisher

Property Details for 55 Ne 5Th Ave

Year built
2001
Construction
CONCRETE
Lot size
0.19 lot acres
Property size
18,756 SF
Zone code
CBD
Property type
Office buildings
APN
12-43-46-16-E8-001-0000
APU
12434616E80010000

Description

This exceptional Class A office building, located at 55 NE 5th Ave, Delray Beach, FL 33483, presents a unique owner-user opportunity. The 18,796 square foot building, constructed in 2001, boasts a prime location just steps from Atlantic Avenue in the heart of Delray Beach's central business district (CBD). The four-story structure offers ample parking with 52 spaces, providing a generous 2.8 spaces per 1,000 square feet. The property is currently vacant, presenting a blank canvas for immediate occupancy. Unique features include three former bank drive-thru lanes, adding significant potential for adaptive reuse. The 0.2-acre lot is zoned CBD, offering flexibility for various business needs. This move-in-ready space is ideal for a headquarters location or a company seeking a prestigious address in a vibrant, high-traffic area. The building's excellent condition and convenient location make it an attractive investment for discerning businesses. The property's strategic placement ensures high visibility and accessibility, making it an exceptional opportunity in the thriving Delray Beach market. This is a rare chance to acquire a well-maintained, vacant office building in a highly desirable location.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Delray Beach
County
Palm Beach
State
Florida
Longitude
-80.0678
Latitude
26.463
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$136,400
$2,625,000
$4,190,920
$6,815,920
-
$2,625,000
$4,190,920
$6,815,920
More about this property
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