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RARE DELRAY FLEX SPACE 705 Bond Way 2,970 SF Flex Building Delray Beach, FL 33483 $2,249,000 ($757.24/SF)
Investment Highlights
- Prime East Delray Beach Location Minutes from Downtown Delray Beach and Atlantic Avenue’s Dining, Shops, and Entertainment District
- General Commercial (GC) Zoning Allowing Multiple Commercial Uses
- Renovated & Turnkey Opportunity: New Electrical, HVAC, Security System and Fencing
- Easy Access to Federal Hwy. (US-1), I-95, Delray Beach, Tri-Rail Station, Palm Beach International Airport and Surrounding Business Districts
- Combination of Office, Retail, Service & Facility
- Ceiling Heights of Approximately 10’-7”
Executive Summary
This commercial flex space is positioned in East Delray Beach, one of South Florida's most desirable submarkets, located less than a block from Federal Hwy. (US-1), approx. a mile from Downtown Delray Beach and the Atlantic Ocean. This property presents a rare opportunity to acquire a renovated, standalone suite which offers accessibility and versatility for various commercial uses including showroom, office-professional-medical-business, retail, service and facility, and specialty business operations. The facility has undergone extensive renovations, including updated electrical systems, HVAC, and security, providing a turnkey, unique offering for both owner-users and investors. The property's combination of coastal location, flexible zoning, modern upgrades, ample parking with grade-level doors, and proximity to Delray Beach's vibrant downtown makes this a prime location.
Additionally, it's conveniently situated across from PopStroke mini golf on Federal Highway which offers delicious dining options. Ultimately, the area continues to experience strong economic growth driven by demographics, significant residential investment-rebuilding, and increasing demand for commercial redevelopment near the downtown core, creating a highly attractive environment for businesses seeking a Palm Beach County location.
Additionally, it's conveniently situated across from PopStroke mini golf on Federal Highway which offers delicious dining options. Ultimately, the area continues to experience strong economic growth driven by demographics, significant residential investment-rebuilding, and increasing demand for commercial redevelopment near the downtown core, creating a highly attractive environment for businesses seeking a Palm Beach County location.
Property Facts
| Price | $2,249,000 | Rentable Building Area | 2,970 SF |
| Price Per SF | $757.24 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1975 |
| Property Type | Flex | Tenancy | Single |
| Property Subtype | Showroom | Parking Ratio | 4.38/1,000 SF |
| Building Class | B | Clear Ceiling Height | 10’7” |
| Lot Size | 0.18 AC | ||
| Zoning | GC - GC (city)/GENERAL COMMERCIAL DISTRICT | ||
| Price | $2,249,000 |
| Price Per SF | $757.24 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Property Subtype | Showroom |
| Building Class | B |
| Lot Size | 0.18 AC |
| Rentable Building Area | 2,970 SF |
| No. Stories | 1 |
| Year Built | 1975 |
| Tenancy | Single |
| Parking Ratio | 4.38/1,000 SF |
| Clear Ceiling Height | 10’7” |
| Zoning | GC - GC (city)/GENERAL COMMERCIAL DISTRICT |
Amenities
- 24 Hour Access
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 12-43-46-09-08-001-0080 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $936,783 |
Property Taxes
Parcel Number
12-43-46-09-08-001-0080
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$936,783
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RARE DELRAY FLEX SPACE | 705 Bond Way
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