55 Ne 5Th Ave Delray Beach, FL 33483
- Office buildings
- 18,756 SF
- 0.19 lot acres
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
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CAP approach
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Comparable approach
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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