124 NE 5th AVE, Delray Beach, FL
124 NE 5th AVE, Delray Beach, FL
124 NE 5th AVE, Delray Beach, FL
88
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$4,990,000
Est. payment /mo
6,364 SqFt
Active

124 NE 5th AVE Delray Beach, FL

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 6,364 sqft

Price per Sqft $784

MLS Listing ID B26004744

Construction Status Resale

HOA Y/N No

Year Built 2018

Annual Tax Amount $61,449

Tax Year 2025

Lot Size 0.310 Acres

Acres 0.31

Property Sub-Type Mixed Use

Property Description

124 NE 5th Ave offers a rare opportunity to acquire a free-standing commercial property in the CBD of Delray Beach. Built in 2018, this Art Deco-inspired building totals 6,364 SF, including 2,336 SF of unfinished second-floor space for expansion or income potential. Features include a full commercial kitchen, café/soda fountain layout, and a new commercial elevator. Situated on 0.31 acres with 15 parking spaces and a backup generator. Located one block from Atlantic Avenue, offering strong visibility and walkability. CBD zoning allows for diverse commercial uses. Existing business will relocate upon sale.

Location

State FL

County Palm Beach

Community Sidewalks

Area 4360

Zoning CBD (city)

Interior

Interior Features InteriorFeatures

Heating Central

Cooling Central Air, Zoned

Flooring Tile

Equipment Negotiable

Fireplace No

Exterior

Exterior Feature Balcony

Parking Features Accessible Parking

Fence None

Community Features Sidewalks

Utilities Available Electricity Connected, Sewer Available, Water Available

Water Access Desc Public

Roof Type Flat

Street Surface Asphalt

Accessibility Accessibility Features

Porch Balcony

Road Frontage City Street

Total Parking Spaces 15

Building

Lot Description Central Business District, City Lot, Landscaped, None

Dwelling Type Mixed Use

Building Description Block,Stucco, Elevator(s)

Story 1

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Block,Stucco

New Construction No

Construction Status Resale

Others

Tax ID 12434616010990180

Security Features Security System Owned,Fire Alarm,Fire Sprinkler System,Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/124-NE-5th-Avenue-Delray-Beach-FL/unbranded


BeachesMLS, Inc. (FLR) IDX
Listed by Ellison Dobbs Sotheby's Intl. Realty, Inc.

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Bryan Bergstein

Bryan Bergstein

Team Leader | License ID: 3652438

+1(561) 562-1356

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124 NE 5th AVE