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Mixed Use at 355 NE 5th Avenue #0080
For Sale
$13,895,000
4 days on market

Mixed Use at 355 NE 5th Avenue #0080

355 NE 5th Avenue #0080, Delray Beach, FL 33483

🏢 Commercial Property Built 1982

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.

$13,895,000
Commercial · Delray Beach

Listed by: Paul Jacques 561-441-9695, Xcellence

Source: MIAMI REALTORS® MLS · MLS# A12049834

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About this 0-bedroom home in Delray Beach

This Delray Beach home sits about 0.83 miles from Chabad of East Delray (Chabad) — roughly a 17-minute walk. On ShulSearch every nearby listing is ranked by walk time to shul, so you can find a home in Delray Beach that's genuinely within walking distance of your community.

See all homes near Chabad of East Delray