Mixed Use

355 NE 5th Ave # 0080, Delray Beach, FL 33483
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$13,895,000  Built: 1982
N/A N/A N/A
Type of PropertyMixed Use
Style of PropertyOther Type,Retail Space
Property Ft²12,077
Living Ft² 
Price per Ft²N/A
PetsN/A
WaterfrontN/A
PoolN/A
FurnitureN/A
Property description of Mixed Use

Prime delray beach land assemblage & investment opportunity this 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 highlights over 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.

Exterior Features
No information about Exterior Features.
Interior Features
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Amenities
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Equipment/Appliances
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Property Features
Name 
MLSA12049834
Last Update55 days
ForeclosureN/A
Short SaleN/A
Parking 
Lot Ft²25,041
Approx. Lot Size 
Balcony/PorchN/A
Boat DockN/A
Pet Restrictions 
Floor Number 
Cooling Description 
Heating Description 
View 
Construction 
Floor Type 
Maintenance Fees 
Association Fees 
Taxes$11,315
Property contact form
Gladys Martinez PA
Gladys Martinez PA305-321-7889954-743-1905gmrealtor7@gmail.com
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MLS Data Source: Miami Association of REALTORS. Copyright SEFMLS © 2026
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