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265 NE 5th Ave 0.18 Acres of Residential Land Offered at $1,900,000 in Delray Beach, FL 33483
Investment Highlights
- 0.18-acre lot with a 1,450 square foot office building in the very walkable central business district of Delray Beach.
Executive Summary
Rare Downtown Delray Beach Pineapple Grove District Property for Sale!
Class A Redevelopment Opportunity
4 Story Condo Building
5 Large Luxury Condos with Commercial Unit on the First Floor
Sellable SF: 12,062
Class A Redevelopment Opportunity
4 Story Condo Building
5 Large Luxury Condos with Commercial Unit on the First Floor
Sellable SF: 12,062
Property Facts
1 Lot Available
Lot
| Price | $1,900,000 | Lot Size | 0.18 AC |
| Price Per AC | $10,555,555.56 |
| Price | $1,900,000 |
| Price Per AC | $10,555,555.56 |
| Lot Size | 0.18 AC |
0.18 AC, 7957 SF CBD Zoned Lot in Desirable Downtown Delray Beach.
Description
1450 SF free standing building with off street parking for up to 9 vehicle. Built in 1924, converted from residential to office use - 4 offices, 2 bathrooms, 2 foyers, 1 conference room, 1 kitchen. Owner was developing plans to build 4 story building with 5 luxury condominiums. Photos include artistic renderings of potential redevelopment of property.
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Moderately walkable
70/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 12-43-46-16-01-106-0040 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,390,611 |
Property Taxes
Parcel Number
12-43-46-16-01-106-0040
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,390,611
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Contact the Sale Advisor
265 NE 5th Ave