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PinnacleTCRE

117 NE 5th Avenue, Delray Beach, FL 33483 (MLS# R11118356)

117 NE 5th Avenue, Delray Beach, FL 33483

$5,000,000
Property Type: Commercial Sale Square Footage: 7,267 Status: Active
Current Price: $5,000,000 List Date: 8/25/2025 Last Modified: 4/17/2026

Overview

Description

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

Listing Details MLS# R11118356

General Property Information

Property Sub Type
Retail
Number Of Units Total
2
Building Area Main
7267
Building Area Source
Public Records
Year Built
1964
Lot Size Area
13939.2
Lot Size Acres
0.32
Stories
Yes

Property Features

Building Features: Overhead Door(s); Private Restroom(s); Rear Access; Reception Area; Showroom Business Type: Commercial; Medical; Professional/Office Ceiling: Exposed; Insulated Documents Available: Existing Survey; Owner Managed Electric: Three Phase Flooring: Ceramic Tile; Concrete; Tile; Wood Heating: Central Location of Property: City Location Property Condition: Resale Sale Includes: Building; Land Tenant Pays: Electricity; Water Construction Materials: CBS; Concrete; Stucco Cooling: Central Building Listing Terms: Cash; Conventional Traffic Type: Pedestrian; Heavy Roof: Other Security Features: Closed Circuit Camera(s); Fire Sprinkler System Sewer: Public Sewer Structure Type: Office; Retail Water Source: Public Showing Requirements: Appointment Only

Contract Information

Comp Sale YN
No
Original List Price
5000000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
117
Street Direction Prefix
NE
Street Name
5th
Street Suffix
Avenue
City Name
Delray Beach
State Or Province
FL
Postal Code
33483
Area
4360
Geographic Area
PB06
Parcel Number
12434616011070091
Zoning
CBD
Property Description
FREESTANDING BLDG

Financial Information

Tax Annual Amount
48421
Tax Year
2024
Tax Legal Description
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

Status Change Information

Major Change Timestamp
2025-08-25T16:14:08Z
Major Change Type
New Listing
Status Change Date
2025-08-25

More Information

Building and Property Details

# Of Tenants
Yes
# Of Toilets
4
% Air Conditioned
100
Maximum Ceiling Height
14

Distance To Information

Miles to Beach
Yes

Description of Unit Type 1

Full Baths
Yes
Half Baths
Yes

Description of Unit Type 2

Full Baths
2

Price Calculations

Current Price To SqFt
688.04

Originating Details

Originating System Key
20250821084835606896000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Electric

Three Phase
Yes

Flooring

Ceramic Tile
Yes
Concrete
Yes
Tile
Yes
Wood
Yes

Property Condition

Resale
Yes

Documents Available

Existing Survey
Yes
Owner Managed
Yes

Structure Type

Office
Yes
Retail
Yes

Tenant Pays

Electricity
Yes
Water
Yes

Location of Property

City Location
Yes

Sewer

Public Sewer
Yes

Building Features

Overhead Door(s)
Yes
Private Restroom(s)
Yes
Rear Access
Yes
Reception Area
Yes
Showroom
Yes

Business Type

Commercial
Yes
Medical
Yes
Professional/Office
Yes

Ceiling

Exposed
Yes
Insulated
Yes

Heating

Central
Yes

Sale Includes

Building
Yes
Land
Yes

Construction Materials

CBS
Yes
Concrete
Yes
Stucco
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Other
Yes

Security Features

Closed Circuit Camera(s)
Yes
Fire Sprinkler System
Yes

Water Source

Public
Yes

Cooling

Central Building
Yes

Showing Requirements

Appointment Only
Yes

Traffic Type

Pedestrian
Yes
Heavy
Yes
Listing Office: Douglas Elliman
IDX
Last Updated: April - 17 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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