Commercial Sale · Mixed Use
355 NE 5th Ave # 0080, Delray Beach FL 33483, DELRAY BEACH, FL, 33483
Active37 days on marketListed Jul 7, 2026MLS #A12049834
About this property
The property at a glance
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.
12,077
Building sq ft
$1,151
Price / sq ft
25,041
Lot sq ft
1982
Year built
CBD (cit
Zoning
Mixed Use
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$63,584/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
34
Population
$120,056
Median income
59
Median age
2
Avg household
$894,841
Median home value
$2,080/mo
Median rent
1%
Households w/ kids
Consumer profile
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
Improving flexibility, strength, and overall well-being is the yogi's aim. This population is looking for the right community, instruction, and accessories.
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
From girls night out to a movie night in with their closest gal pals, this population is all about getting the girls together for an evening of fun.
This population follows the music. From local bands to current acts at the local venue, you can find these people researching band tours and how to get backstage passes.
Meals are a social experience, and these foodies take it to the next level. This population can't wait to snap a pic of their plate and share it before chowing down.
Recent sales
What actually sold near 355 NE 5th Ave # 0080
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$1,450,000
280 NE 6th Avenue, Delray Beach FL 33483
Sold Oct 21, 2024
$300,000
21 NW 8th Avenue, Delray Beach FL 33444
Sold Oct 25, 2024
$1,175,000
601 N Congress Avenue # 201, Delray Beach FL 33445
Sold Nov 6, 2024
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 355 NE 5th Ave # 0080 — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 355 NE 5th Ave # 0080.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of Xcellence · Paul Jacques. MLS #A12049834.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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