5850 Atlantic Ave Delray Beach, FL 33484-8429
- Community centers
- 44,234 SF
- 7.66 lot acres
Jun 24, 2025
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
-
CAP approach
- CAP Return
- Estimation
- 6%
- $14,190,000
- 6.5%
- $13,100,000
- 7%
- $12,165,000
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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