117 NE 5th Avenue, Delray Beach, FL 33483,Delray Beach,Palm Beach,Commercial Sale

$5,000,000

Description

Prime Downtown Delray Beach Location just one block off Atlantic Avenue. Double corner lot offers redevelopment potential or keep AS IS. MULTI-USE COMMERCIAL PROPERTY WITH 17 SPACE OFF-STREET PARKING AREA IS A FREE STANDING CORNER 2-UNIT BUILDING AT THE NE INTERSECTION OF NE 5TH AVE & NE 1ST ST IN DOWTOWN DELRAY BEACH. UNIT A (NOW VACANT) HAS 3366 SQ FT PLUS A LOFT AREA OF 1033 SQ FT. CONSISTING OF OFFICES, CONFERENCE ROOM, RECEPTION AREA AND STORAGE. UNIT B (NOW VACANT) HAS 2868 SQ FT OF AVAILABLE FLOOR SPACE AND IS A LARGE, MOSTLY OPEN SHOWROOM, SPACE WITH AN OFFICE/WORK ROOM AND AN INVENTORY/STOCK ROOM IN BACK AREA WITH OVERHEAD GARAGE DOOR ACCESS. PROPERTY IS ZONED CBD. LOT IS .3226 ACRES/14052 SF (125X112.4)

Address

Open on Google Maps

Address: Array
City: Delray Beach
State/county: Palm Beach
Zip/Postal Code: Array
Area: Delray Beach

Details

Updated on August 26, 2026 at 2:50 pm

Property ID Array
Price $5,000,000
Land Area 0.32 Sq Ft
Year Built 1964
Type Retail
Property Status Commercial Sale

Additional details

BackOnMarketDate 2026-08-05
BuildingAreaSource Public Records
BuildingAreaTotal 7267
BuildingFeatures Conference Room, Overhead Doors, Private Restrooms, Reception Area, Showroom
BusinessType Advertising, Clothing, Commercial, Convenience Store, Deli/Catering, Dry Cleaner, Financial, Fitness, Gift Shop, Grocery, Jewelry, Liquor Store, Medical, Music, Professional/Office, Office Supply, Photographer, Professional Service, Real Estate, Retail, Sporting Goods
CLIP 9565974678
ConstructionMaterials Block, Concrete, Stucco
ContractStatusChangeDate 2026-08-05
Cooling Central Air
CumulativeDaysOnMarket 323
CurrentPrice 5000000
DaysOnMarket 323
DaysOnMarketReplication 323
DaysOnMarketReplicationDate 2026-08-26
DaysOnMarketReplicationIncreasingYN 1
DocumentsAvailable Site Plan, Survey
DocumentsChangeTimestamp 2026-08-07T15:27:29.000-00:00
DocumentsCount 2
Electric 3 Phase
Flooring Concrete, Ceramic Tile, Tile, Wood
GrossIncome 300000
Heating Central
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
Levels One
ListAOR BeachesMLS
ListAgentAOR BeachesMLS
ListAgentDirectPhone 561-870-8855
ListAgentEmail cheran.marek@elliman.com
ListAgentFirstName Cheran Alisa
ListAgentFullName Cheran Alisa Marek
ListAgentKey 26652547
ListAgentKeyNumeric 26652547
ListAgentLastName Marek
ListAgentMlsId 60677157
ListAgentNationalAssociationId 276503742
ListAgentOfficePhone 561-278-5570
ListAgentPreferredPhone 561-870-8855
ListAgentStateLicense 677157
ListOfficeAOR BeachesMLS
ListOfficeEmail flbroker@elliman.com
ListOfficeKey 5923305
ListOfficeKeyNumeric 5923305
ListOfficeMlsId 276540760
ListOfficeName Douglas Elliman
ListOfficePhone 561-278-5570
ListingAgreement Exclusive Right To Sell
ListingContractDate 2025-08-25
ListingKeyNumeric 1136801730
ListingTerms Cash, Conventional, 1031 Exchange
LotFeatures Central Business District, Corner Lot, City Lot, 1/4 to 1/2 Acre Lot
LotSizeArea 13939.2
MLSAreaMajor 4360
MajorChangeTimestamp 2026-08-05T15:51:06.000-00:00
MajorChangeType Back On Market
MapCoordinateSource Imported
MlsStatus Active
MobileDimUnits Feet
ModificationTimestamp 2026-08-26T13:49:15.993-00:00
NumberOfSeparateElectricMeters 2
NumberOfSeparateWaterMeters 2
NumberOfUnitsTotal 2
OnMarketDate 2026-08-05
OnMarketTimestamp 2026-08-05T00:00:00.000-00:00
OpenHouseModificationTimestamp 2026-08-26T09:47:10.583-00:00
OriginalEntryTimestamp 2025-08-25T12:14:08.000-00:00
OriginalListPrice 5000000
OriginatingSystemID M00000170
OriginatingSystemKey 348936768
OriginatingSystemListAgentMemberKey 1274103
OriginatingSystemListOfficeKey 1154981
OriginatingSystemModificationTimestamp 2026-08-26T09:47:10.583-00:00
OriginatingSystemName BEACH
OriginatingSystemSubName BEACH_BEACH
ParcelNumber 12434616011070091
ParkingFeatures Accessible Parking
ParkingTotal 17
PendingTimestamp 2026-06-23T17:24:19.000-00:00
Permission IDX
PhotosChangeTimestamp 2026-08-08T16:22:18.767-00:00
PhotosCount 53
PossibleUse Service
PostalCity Delray Beach
PropertyCondition Resale
PropertySubTypeAdditional Retail
RoadFrontageType City Street
RoadResponsibility Public Maintained Road
RoadSurfaceType Asphalt
Roof Built-Up, Other
SecurityFeatures Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System
Sewer Public Sewer
SourceSystemID TRESTLE
SourceSystemKey 1136801730
SourceSystemName flexmls
SpecialListingConditions Standard, Listed As-Is
StateOrProvince FL
StatusChangeTimestamp 2026-08-05T15:35:55.000-00:00
Stories 1
StreetDirPrefix NE
StreetName 5th
StreetNumber 117
StreetNumberNumeric 117
StreetSuffix Avenue
StructureType Office, Retail
TaxAnnualAmount 48421
TaxLegalDescription TOWN OF DELRAY S 51.2 FT OF LT 9, LT 10 & TH PT OF ABND ST LYG S OF & ADJ TO (LESS W 10 FT RD R/W) BLK 107
TaxYear 2024
TenantPays Common Area Maintenance, HVAC Maintenance, Management, Minor Interior Maintenance, Sewer, Taxes, Trash Collection, Water
UniversalPropertyId US-12099-N-12434616011070091-R-N
Utilities Electricity Connected
VideosCount 0
WaterSource Multiple Meters, Public
Zoning CBD