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    5850 Atlantic Ave Delray Beach, FL 33484-8429

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    5850 Atlantic Ave Delray Beach, FL 33484-8429


    • Community centers
    • 44,234 SF
    • 7.66 lot acres
    Off-Market
    Last Sale Jun 24, 2025
    $15,450,000
    Property ID
    US18-0209644
    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.

    Value Estimations
    $11,660,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Antimicrobial Solutions / Industrial Manufacturer / Production Facility
    • Walalight / Industrial Manufacturer
    • Dr. Joesph M. Mavica, DO / Physician
    • Galaxy Hair & Nail Studio / Hair Salon / Nail Salon
    • Papa John's Pizza / Restaurant

    Property Details for 5850 Atlantic Ave

    Year built
    1986
    Construction
    CONCRETE
    Lot size
    7.66 lot acres
    Property size
    44,234 SF
    Zone code
    CG
    Property type
    Community centers
    Property subtype
    Shopping centers
    APN
    00-42-46-14-00-000-7040
    APU
    424614000007040

    Description

    This exceptional Delray Beach property, located at 5850 W Atlantic Ave, offers 8,867 square feet of immediately available space in a multi-tenant building. The property boasts a prime location with excellent visibility and signage opportunities on West Atlantic Avenue, a signalized intersection at Via Flora. The building itself is a Class B property, totaling 65,000 square feet, comprised of three single-story buildings constructed in 1980 and renovated in 2020. The space features a 15-foot ceiling height and is ideal for a variety of uses, currently configured as a gym. Ample parking is available with a 5/1000 ratio. The property sits on 8.5 acres of land and is zoned CG in Palm Beach County, Florida (zip code 33484). Utilities include 120/240 power. While there are no elevators, the single-story design ensures easy access. The minimum divisible space is 8,867 square feet, with a maximum contiguous space of 8,867 square feet. The building has a total of 12 suites. This is a rare opportunity to secure a significant space in a highly desirable Delray Beach location. 24-hour access is available.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $14,190,000
      6.5%
      $13,100,000
      7%
      $12,165,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Delray Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.1363
    Latitude
    26.4547
    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
    $152,260
    $4,214,094
    $4,294,194
    $8,508,288
    -
    $4,214,094
    $4,294,194
    $8,508,288
    More about this property
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