355 NE 5th Ave 0080 - Image 1
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$13,895,000

Price Changed

355 NE 5th Ave 0080

Delray Beach, FL 33483•Palm Beach County
Mixed UseFor SaleActive

Property Highlights

0 / 0

Beds / Baths

12,077

Square Feet

0.57

Acres

1982

Year Built

About This Property

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.

Property Details

Year Built1982
Living Area12,077 sqft
Lot Size0.57 acres

Listing Information

MLS IDA12049834
MLS NameMiamiAssociationOfRealtors
Sale TypeFor Sale
Days on Market19 days
Last UpdatedJul 9, 2026
Price ChangedJul 7, 2026

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Quick Stats

Property Type:Mixed Use
Status:Active
Listed:N/A