$5,000,000
117 NE 5th Avenue, Delray Beach FL 33483
Delray Beach, FL, 33483
- Year Built
- 1964
- Lot Size
- 0.32 acres
- Property Type
- Retail
- Annual Taxes
- $48,421/yr
- MLS #
- R11118356
Market Position
Using 23 of 23 matching comparables
Lower percentile = priced below more of the sampled comparison set.
- List price
- $5,000,000 · area median: $3,650
- Days on market
- 302 · area median: 100
Computed from active comparable listings of the same type and similar size within about 10 miles.
Calculated: Jul 30, 2026 · Newest source update: Jul 28, 2026
Listing courtesy of Douglas Elliman · 561-278-5570
Listed by Cheran Alisa Marek
Last updated: Jul 23, 2026
Overview
Prime Downtown Delray Beach Location just one block off Atlantic Avenue. Double 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 (TENANT OCCUPIED) 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
Features
Interior
Flooring
Heating
Cooling
est.$29,318/mo
Est. payment based on a $5,000,000 home price.
Estimate includes principal & interest, property tax and HOA where known — it excludes insurance, PMI, flood/wind, CDD and special assessments. For information only; actual amounts vary.
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