F45 Delray Beach Assemblage 301 NE 1st St 4,217 SF 100% Leased Retail Building Delray Beach, FL 33483 $6,499,000 ($1,541.14/SF)

Presenting one of the most unique assemblages in all of Downtown Delray Beach. This two property portfolio truly embodies what "Location, Location, Location" means in real estate terms. This assemblage includes two parcels (301 NE 1st Street and 126 NE 26th Avenue), both with CBD Core zoning (Central Business District) and together, the land totals just shy of half an acre (19,200 SF/0.44 AC). The main parcel, 301 NE 1st Street, features a one level building with 2,200+ SF and is currently occupied by F45 Training, but can be delivered vacant if so desired. This parcel is approximately 10,200 SF and currently includes thirteen (13) legal parking spaces with space for additional parallel parking spaces. This parcel has prime frontage and exposure as it faces south and is located just one block north of Atlantic Avenue. A public parking lot sits directly across from this building so there is nothing blocking the frontage and is ideal for any business looking for a property with great frontage/exposure for branding purposes.
The second parcel, 126 NE 4th Avenue, features two timeless and recently renovated detached cottages and sits on a 9,000 SF lot. These key west style cottages each feature 2BD, 2BA with spacious floor plans with the main cottage boasting nearly 1,300 Living SF and the back cottage with approximately 800 Living SF. This two unit property also has CBD Core zoning and currently operates as an Airbnb, which has grossed $65,000+ in vacation rental income in just the first three months of 2026! The possibilities are endless with this parcel as their is room for expansion to generate additional rental income.
For developers looking for a prime investment opportunity in Downtown Delray, this assemblage is exactly what you have been waiting for. CBD Core zoning (Central Business District) allows for a multitude of permitted uses including retail space, professional offices, apartments, single family, hotels, motels, public parking, and many more permitted and conditional uses. CBD zoning also allows for development of up to 4 Stories and Maximum height of 54 Feet, making this property a rarity in today's market.
This location is second to none as it is located just one block north of Atlantic Avenue and one block east of Pineapple Grove, which features everything that Delray has to offer, including establishments like Johnnie Browns, El Camino, Park Tavern, Throw Social, Pinball Museum, Deck 84, Gabriella's, The Grove, as well as A1A and Delray's public beaches. Property survey, financials, etc. are available upon request.