117 NE 5th Avenue, Delray Beach, FL

New Listing
$5,000,000
Property Type: Commercial Sale Square Footage: 6,234 Status: Active
Current Price: $5,000,000 List Date: 10/01/2026 Last Modified: 10/01/2026

Overview

Description

Opportunity to own a freestanding commercial building just one block off Atlantic Avenue in booming Downtown Delray Beach. Located on a highly visible corner of NE 5th Avenue (federal highway) & NE 1st Street (DT bypass) Pineapple Grove is just 3 blocks to the west the beach is less than mile east. Plentiful on-site parking (17 spaces) double corner lot. The building is being renovated with Impact glass, roof refurbish & new exterior painting. Downtown Delray Beach is a vibrant market with improved demographics & new residential all around this location.

Listing Details MLS# B26082657

General Property Information

Number Of Buildings
Yes
Property Sub Type
Retail
Number Of Units Total
2
Occupant Type
Vacant
Building Area Main
6234
Building Area Source
Public Records
Year Built
1964
Year Built Details
resale
Parking Total
17
Lot Size Area
14051
Lot Size Acres
0.32
Accessibility Features YN
Yes
Stories Total
Yes
Stories
Yes
Leasable Area
7267

Property Features

Building Features: Free Standing; Loading Space(s); Meeting Room(s); Overhead Door(s) Business Type: Accounting; Advertising; Clothing; Commercial; Computer; Drugstore; Fitness; Furniture; Gift Shop; Medical; Retail Common Area Maintenance Includes: Exterior Electric; Exterior Maintenance; Management Fees; Real Estate Tax; Trash Collection Documents Available: Enviro. Aud-PH1; Existing Survey; Owner Managed; Site Plans Electric: Three Phase Flooring: Other Heating: Central Parking Features: Assigned Possession: Close Of Escrow Property Condition: Resale Sale Includes: Building; Fixtures; Land Special Listing Conditions: Standard Tenant Pays: Common Area Maintenance; Maintenance; Water Construction Materials: Block Cooling: Central Air Listing Terms: 1031 Exchange; Cash Road Surface Type: Asphalt Roof: Composition Security Features: Fire Sprinkler System Sewer: Public Sewer Utilities: Cable Available; Electricity Available; Sewer Not Available Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent; Text Listing Agent Acreage Description: 1/4 To Less Than 1/2 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
5000000
Negotiable Seller Concessions YN
Yes
Listing Service
Full Service
Seller Represented YN
Yes

Location and Legal

Country
United States
County Or Parish
Palm Beach
Street Number
117
Street Direction Prefix
NE
Street Name
5th
Street Suffix
Avenue
Municipality Type
Incorporated
Municipal Code
12
State Or Province
FL
Postal Code
33483
Postal Code +4
5476
Area
4330
Geographic Area
PB12
Parcel Number
12434616011070091
Subdivision Number
Yes
Zoning
CBD (city)
Flood Zone
X
Property Description
COMMERCIAL, MIXED USE

Financial Information

Tax Annual Amount
53346.84
Tax Year
2025
Tax Assessed/SOH Value
2809126
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
Assessor Market Value
2992314

Status Change Information

Major Change Timestamp
2026-10-01T12:44:39Z
Major Change Type
New Listing
Status Change Date
2026-10-01

More Information

Building and Property Details

# Of Toilets
2
% Air Conditioned
100
Maximum Ceiling Height
18

Distance To Information

Miles to Beach
Yes
Miles to Expressway
Yes

Meter Information

Separate Electric Meters YN
Yes
Number Of Separate Electric Meters
2
Separate Gas Meters YN
No
Separate Water Meters YN
Yes
Number Of Separate Water Meters
2
Number Of Meters Total
2

Originating Details

Originating System Key
20260930124813185947000000
Originating System ID
M00000170
IDX
Listing Office: Douglas Elliman
Source MLS Verified
Last Updated: October - 01 - 2026
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