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235-245 NE 4th Ave 10,800 SF 85% Leased Office Building Delray Beach, FL 33483 $4,800,000 ($444.44/SF) 3.30% Cap Rate
Investment Highlights
- Hot Delray Beach Market 3 Blocks N. of Atlantic Avenue
- Currently 10,800 sf of Fully Leased Office fronting with its own private Parking Lot
- Build New and Increased Office Space on Southbound Federal with Parking Garage and Go up 4 Stories, ask to see plans
- Fronts on Both Southbound Federal Highway (5th Ave) and NE 4th Ave. Next Door to the New Hampton Hotel
- Change use to Residential or Mixed Use. Many Condos and Townhouse Projects in the Immediate Area. Hot Market for This Use.
- Zoning CBD-RC .67 ACRES. Call Laura 561-350-3103 or Cecelia 561-302-8978 for More Details
Executive Summary
Property Facts
Amenities
- Outdoor Seating
- Air Conditioning
- Backup Power / Generators
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Positioned at the center of Downtown Delray Beach, this upstairs office space combines convenience with functionality. The 1,700-square-foot open layout includes workstation partitions, a collaborative meeting area, a large private office, kitchen, and restroom, providing a ready-to-use environment. Ample on-site parking with 42 spaces, along with street parking, ensures hassle-free access for employees and guests. The property’s highly walkable location places tenants just steps away from the popular Atlantic Avenue and Pineapple Grove districts, home to renowned dining, boutique shopping, and cultural venues. With prominent frontage on NE 4th Avenue and NE 5th Avenue (Federal Highway), the site delivers excellent visibility and accessibility for businesses seeking a vibrant urban setting with reliable infrastructure.
| Space | Size | Space Use | Build-Out | Available |
| 2nd Fl-Ste 201B | 1,700 SF | Office | Full Build-Out | Now |
2nd Fl-Ste 201B
| Size |
| 1,700 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 201B
| Size | 1,700 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Positioned at the center of Downtown Delray Beach, this upstairs office space combines convenience with functionality. The 1,700-square-foot open layout includes workstation partitions, a collaborative meeting area, a large private office, kitchen, and restroom, providing a ready-to-use environment. Ample on-site parking with 42 spaces, along with street parking, ensures hassle-free access for employees and guests. The property’s highly walkable location places tenants just steps away from the popular Atlantic Avenue and Pineapple Grove districts, home to renowned dining, boutique shopping, and cultural venues. With prominent frontage on NE 4th Avenue and NE 5th Avenue (Federal Highway), the site delivers excellent visibility and accessibility for businesses seeking a vibrant urban setting with reliable infrastructure.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $3,968,690 |
Property Taxes
