$13,895,000
Delray Beach, FL 33483
MLS# A12049834
12077 sqft
1 / 56
Property Description
Prime Delray Beach Land Assemblage & Investment OpportunityThis exceptional offering presents a rare opportunity to acquire a contiguous three-parcel land assemblage totaling more than one acre, strategically located just three blocks north of Atlantic Avenue in the heart of East Delray Beach. Positioned along highly visible Federal Highway, this unique asset offers an attractive combination of immediate cash flow, value-add potential, and long-term redevelopment opportunities in one of South Florida's most sought-after coastal markets. The property is currently improved with multiple income-producing buildings that generate strong, stable rental income, providing investors with immediate returns while preserving significant future upside. Additional value can be realized through leasing vacant suites, optimizing rental rates to market levels, or pursuing redevelopment under the property's favorable zoning.nvestment HighlightsOver 1 acre of contiguous land with desirable CBD zoning, allowing for high-density mixed-use redevelopment.Prime East Delray Beach location on Federal Highway, just three blocks from the vibrant shops, restaurants, and entertainment of Atlantic Avenue. Excellent accessibility, with convenient access to Interstate 95 and minutes from Delray Beach's award-winning beaches. Strong in-place cash flow supported by high occupancy and consistent rental income. Value-add opportunity through lease-up of vacant suites and market rent adjustments.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-07-07
Status: Active
Original List Price: 13895000
List Price: $13,895,000
Current Price: $13,895,000
Listing Service: Limited Service
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Delray Beach
Municipal Code: 12
Postal Code: 33483
Geographic Area: PB11
Subdivision Number: 75
Flood Zone: X
Country: United States
Street Number: 355
Street Direction Prefix: NE
Street Name: 5th
Street Suffix: Avenue
Unit Number: 0080
State Or Province: FL
Postal Code +4: 5542
Area: 4220
Parcel Number: 12434616750000080
Zoning: CBD (cit
Directions: I 95 to Atlantic East to Federal North and left on 4th street.
General Property Information
Occupant Type: Call Listing Agent
Lot Size Area: 25041
Property Sub Type: Mixed Use
Building Area Main: 12077
Year Built: 1982
Lot Size Acres: 0.57
Office/Member Information
DXORIGMLSID: SEF
Structure Type
Retail: 1
Business Type
Retail: 1
Other: 1
Price Calculations
Current Price To SqFt: 1150.53
Section Details
Parcel Number MLX: 0080
Financial Information
Tax Annual Amount: 11315
Tax Legal Description: THREE FIFTY FIVE BUILDING CONDUNIT 8
Status Change Information
Major Change Timestamp: 2026-07-07T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-07-07
Originating Details
Originating System Key: 527187431
Originating System ID: M00000151
Property Features
Business Type: Retail; Other
Structure Type: Retail
Listing Office: Xcellence
Last Updated: July - 09 - 2026
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