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.

Address

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Address: 5th
City: Delray Beach
State/county: Palm Beach

Details

Updated on July 22, 2026 at 6:57 pm

Property ID B26004744
Price $4,990,000
Land Area 0.31 Sq Ft
Year Built 2018
Type Mixed Use
Property Status Commercial Sale

Additional details

AccessibilityFeatures Accessibility Features
BuildingAreaSource Appraiser
BuildingAreaTotal 6364
BuildingFeatures Elevator(s)
BuildingName Delray Shores Pharmacy
CLIP 2473584224
CoListAgentAOR BeachesMLS
CoListAgentDirectPhone 561-329-8749
CoListAgentEmail jeffrey.cloninger@sothebys.realty
CoListAgentFirstName Jeffrey
CoListAgentFullName Jeffrey A. Cloninger
CoListAgentKey 26795581
CoListAgentKeyNumeric 26795581
CoListAgentLastName Cloninger
CoListAgentMiddleName A.
CoListAgentMlsId 90619094
CoListAgentNationalAssociationId 273000667
CoListAgentOfficePhone 561-659-3555
CoListAgentPreferredPhone 561-329-8749
CoListAgentStateLicense 619094
CoListOfficeAOR BeachesMLS
CoListOfficeEmail palmbeachsupport@sotheby's.realty
CoListOfficeKey 5903437
CoListOfficeKeyNumeric 5903437
CoListOfficeMlsId 988061
CoListOfficeName Sotheby's Intl. Realty, Inc.
CoListOfficePhone 561-659-3555
CommunityFeatures Sidewalks
ConstructionMaterials Block, Stucco
ContractStatusChangeDate 2026-03-20
Cooling Central Air, Zoned
CumulativeDaysOnMarket 125
CurrentPrice 4990000
DaysOnMarket 125
DaysOnMarketReplication 125
DaysOnMarketReplicationDate 2026-07-22
DaysOnMarketReplicationIncreasingYN 1
Directions Take I-95 to Exit 52 (Atlantic Ave / FL-806) toward Delray Beach. After exiting, head east on Atlantic Avenue toward downtown. Continue on Atlantic Ave for about 1.2 miles. Turn left onto NE 5th Ave. Go one block north. 124 NE 5th Ave will be on the
DocumentsAvailable Aerial, Ground Photo
DocumentsCount 0
Electric 200+ Amp Service
Flooring Tile
FoundationDetails Slab
Heating Central
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
Levels Two
ListAOR BeachesMLS
ListAgentAOR BeachesMLS
ListAgentDirectPhone 314-556-4437
ListAgentEmail ellison.dobbs@sothebys.realty
ListAgentFirstName Ellison
ListAgentFullName Ellison Dobbs
ListAgentKey 29599242
ListAgentKeyNumeric 29599242
ListAgentLastName Dobbs
ListAgentMlsId 273008131
ListAgentNationalAssociationId 273008131
ListAgentOfficePhone 561-659-3555
ListAgentPreferredPhone 314-556-4437
ListAgentStateLicense 3649179
ListAgentURL WWW.SOTHEBYSREALTY.COM
ListOfficeAOR BeachesMLS
ListOfficeEmail palmbeachsupport@sotheby's.realty
ListOfficeKey 5903437
ListOfficeKeyNumeric 5903437
ListOfficeMlsId 988061
ListOfficeName Sotheby's Intl. Realty, Inc.
ListOfficePhone 561-659-3555
ListingAgreement Exclusive Right To Sell
ListingContractDate 2026-03-19
ListingKey 1155608196
ListingKeyNumeric 1155608196
ListingService Full Service
ListingTerms Cash, Conventional
LotFeatures Central Business District, City Lot, Landscaped, None
LotSizeArea 13695
MLSAreaMajor 4360
MajorChangeTimestamp March 20, 2026 at 04:12pm
MajorChangeType New Listing
MapCoordinateSource Imported
MlsStatus Active
MobileDimUnits Feet
ModificationTimestamp July 22, 2026 at 03:59pm
NumberOfBuildings 1
OccupantType Owner
OnMarketDate 2026-03-20
OnMarketTimestamp 2026-03-20T00:00:00.000-00:00
OpenHouseModificationTimestamp 2026-07-22T11:57:38.130-00:00
OriginalEntryTimestamp March 20, 2026 at 12:03pm
OriginalListPrice 4990000
OriginatingSystemCoListAgentMemberKey 1275254
OriginatingSystemCoListOfficeKey 1153921
OriginatingSystemID M00000170
OriginatingSystemKey 561772711
OriginatingSystemListAgentMemberKey 483785576
OriginatingSystemListOfficeKey 1153921
OriginatingSystemModificationTimestamp 2026-07-22T11:57:38.130-00:00
OriginatingSystemName BEACH
OriginatingSystemSubName BEACH_BEACH
OtherEquipment Negotiable
ParcelNumber 12434616010990180
ParkingFeatures Accessible Parking
ParkingTotal 15
PatioAndPorchFeatures Balcony
Permission IDX
PhotosChangeTimestamp July 22, 2026 at 09:19am
PhotosCount 88
Possession Close Of Escrow
PostalCity Delray Beach
PostalCodePlus4 5429
PropertyCondition Resale
PropertySubTypeAdditional Mixed Use
PublicSurveyTownship 12
RoadFrontageType City Street
RoadResponsibility Public Maintained Road
RoadSurfaceType Asphalt
Roof Flat
SecurityFeatures Security System Owned, Fire Alarm, Fire Sprinkler System, Smoke Detector(s)
Sewer Public Sewer
SourceSystemID TRESTLE
SourceSystemKey 1155608196
SourceSystemName flexmls
SpecialListingConditions Standard
StateOrProvince FL
StatusChangeTimestamp March 20, 2026 at 04:12pm
Stories 2
StoriesTotal 1
StreetDirPrefix NE
StreetName 5th
StreetNumber 124
StreetNumberNumeric 124
StreetSuffix Avenue
StructureType Mixed Use
TaxAnnualAmount 61449.45
TaxAssessedValue 3043301
TaxLegalDescription TOWN OF DELRAY N 109.4 FT OF S 292.2 FT OF E 1/2 /LESS RD R/W/ OF BLK 99
TaxYear 2025
UniversalPropertyId US-12099-N-12434616010990180-R-N
Utilities Electricity Connected, Sewer Available, Water Available
VideosCount 0
WaterSource Public
Zoning CBD (city)