Premier Real Estate Group
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355 Ne 5th Avenue 0080

Delray Beach, FL 33483

MLS # A12049834· ActiveIDX IDX

$13,895,000

Bathrooms
0
Living area
12,077 sq ft
Lot size
0.57 acres
Year built
1982
Type
Mixed Use
Days on market
121

About this home

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.

Details

MLS #A12049834
StatusActive
CountyPalm Beach
ZIP33483
Annual taxes$11,315

Listing courtesy of Xcellence, Paul Jacques. Last updated Oct 30, 2026, 3:50 PM ET.

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Mention MLS # A12049834 (355 Ne 5th Avenue 0080) and when you would like to visit. A licensed real-estate professional will contact you.

Licensed brokerage

Premier Real Estate Group Inc

Broker of record Maxim Bohadana, Florida broker license BK3314523

(888) 440-3766

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IDX

The data relating to real estate for sale on this website comes in part from the IDX Program of BeachesMLS, Inc. Information is deemed reliable but not guaranteed. Listings held by brokerages other than Premier Real Estate Group Inc are marked with the IDX logo and detailed information about them includes the name of the listing broker. Last updated Oct 30, 2026, 3:50 PM ET.

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