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1118-1122 E Atlantic Ave
Delray Beach, FL 33483
Palm Plaza · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
8,972 SF
Building Class
C
Year Built
1946
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.62
Lot Size
0.33 AC
Zoning
CBD
Parking
20 Spaces (2.23 Spaces per 1,000 SF Leased)
Frontage
111’ on East Atlantic Ave

Amenities

  • Courtyard
  • Restaurant
  • Air Conditioning

About 1118-1122 E ATLANTIC AVE , DELRAY BEACH, FL 33483

Marcus & Millichap is pleased to exclusively offer for sale Palm Plaza, a nearly 9,000-square-foot center which consists of retail and office space, and is 100 percent occupied. The first floor is retail and second floor is office space. There is an additional 1,200 square feet of courtyard which includes an outdoor bar and separate kitchen. The interior of the property has been recently upgraded, and the second-floor office units include bathrooms. Palm Plaza is located on Atlantic Avenue, within walking distance to the Atlantic Ocean and Intracoastal Waterway. One block east of the subject property is the Delray Beach Marriott which is currently under full renovation. Also directly surrounded by Residence Inn by Marriott and The Seagate Hotel & Spa. The subject property is at the heart of one of the nations most engaging downtowns. It is one-half mile from Atlantic Crossing, a mixed-use development under construction. Atlantic Crossing will include luxury apartments, park side condominiums, class A office space, and specialty shops and restaurants. Delray Beach was named Most Fun Small Town in the United States by Rand McNally, USA Today and the Travel Channel. It is part of Palm Beach County which has a population of more than 1.4 million people.

Property Taxes

Property Taxes

Parcel Number
12-43-46-16-28-003-0031
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$5,154,457
  • Listing ID: 17811641

  • Date on Market: 11/25/2019

  • Last Updated:

  • Address: 1118-1122 E Atlantic Ave, Delray Beach, FL 33483

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