355 NE 5th Ave # 0080, Delray Beach FL 33483

Description

Prime Delray Beach Land Assemblage & Investment Opportunity This 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 Highlights Over 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.

This mixed use home located at 355 NE 5th Ave # 0080, Delray Beach FL 33483 is currently for sale and has been available on Brickellsold for 2 days. This property is listed at $14M. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 1982. 355 NE 5th Ave # 0080, Delray Beach FL 33483 is in Delray Beach county Palm Beach County.