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Plaza 500 6 Properties Offered at $5,649,900 in Delray Beach, FL
Investment Highlights
- Located in the Central Business District with zoning flexibility for mixed-use commercial operations such as retail, medical or office.
- Accessible location within a growing South Florida submarket featuring a strong consumer base and steady population growth.
- Surrounded by a lineup of powerhouse national brands including Publix, AT&T, Jersey Mike’s, The UPS Store
- Prime location just minutes from Downtown Delray Beach and Atlantic Avenue attractions.
- Less than 30 minutes to Palm Beach International Airport and within short reach of commuter rail connections.
Executive Summary
Plaza 500 | Prime Mixed-Use Opportunity in the Heart of Delray Beach (Retail/medical/office)
Positioned at the epicenter of Delray Beach’s high-energy Central Business District, 500 Plaza represents a rare acquisition opportunity within one of South Florida’s most coveted commercial corridors. This versatile mixed-use portfolio, spanning nearly three-quarters of an acre at 466-506 NE 5th Avenue, offers a sophisticated blend of immediate cash flow and significant long-term redevelopment upside. This location is perfect for an end user or investment.
The property consists of six meticulously maintained buildings, five of which feature brand-new roofs, reflecting recent capital improvements that ensure a turn-key experience for the next owner. Currently 100% occupied by 12 established tenants, the asset provides a stabilized income stream supported by a diverse mix of professional services and retail users.
Location is the defining feature of 500 Plaza. Situated just moments from the iconic Atlantic Avenue, the property benefits from incredible visibility and high-density consumer traffic. It is surrounded by a lineup of powerhouse national brands including Publix, AT&T, Jersey Mike’s, The UPS Store, and so much more placing it in the direct path of Delray’s affluent demographic and year-round visitor surge.
With land-use designations that support a wide array of commercial activities, the site is perfectly positioned for its current use or a future high-profile redevelopment project. The proximity to regional transit hubs and Interstate 95, coupled with being less than 30 minutes from Palm Beach International Airport, ensures seamless connectivity for clients and staff alike.
Plaza 500 is more than just a real estate holding; it is a strategic footprint in a world-class destination known for steady growth and vibrant urban charm. Secure a premier piece of the Delray Beach landscape and capitalize on the immense potential of this high-exposure CBD asset.
Positioned at the epicenter of Delray Beach’s high-energy Central Business District, 500 Plaza represents a rare acquisition opportunity within one of South Florida’s most coveted commercial corridors. This versatile mixed-use portfolio, spanning nearly three-quarters of an acre at 466-506 NE 5th Avenue, offers a sophisticated blend of immediate cash flow and significant long-term redevelopment upside. This location is perfect for an end user or investment.
The property consists of six meticulously maintained buildings, five of which feature brand-new roofs, reflecting recent capital improvements that ensure a turn-key experience for the next owner. Currently 100% occupied by 12 established tenants, the asset provides a stabilized income stream supported by a diverse mix of professional services and retail users.
Location is the defining feature of 500 Plaza. Situated just moments from the iconic Atlantic Avenue, the property benefits from incredible visibility and high-density consumer traffic. It is surrounded by a lineup of powerhouse national brands including Publix, AT&T, Jersey Mike’s, The UPS Store, and so much more placing it in the direct path of Delray’s affluent demographic and year-round visitor surge.
With land-use designations that support a wide array of commercial activities, the site is perfectly positioned for its current use or a future high-profile redevelopment project. The proximity to regional transit hubs and Interstate 95, coupled with being less than 30 minutes from Palm Beach International Airport, ensures seamless connectivity for clients and staff alike.
Plaza 500 is more than just a real estate holding; it is a strategic footprint in a world-class destination known for steady growth and vibrant urban charm. Secure a premier piece of the Delray Beach landscape and capitalize on the immense potential of this high-exposure CBD asset.
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Property Facts
| Price | $5,649,900 | Number of Properties | 6 |
| Price / SF | $586.27 / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 9,637 SF |
| Status | Active | Total Land Area | 1.03 AC |
| Price | $5,649,900 |
| Price / SF | $586.27 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 6 |
| Individually For Sale | 0 |
| Total Building Size | 9,637 SF |
| Total Land Area | 1.03 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Plaza 500 2
504 NE 5th Ave, Delray Beach, FL 33483 |
Office | 2,493 SF | 1967 | - |
|
Plaza 500 - 1
500 NE 5th Ave, Delray Beach, FL 33483 |
Office | 2,275 SF | 1981 | - |
|
Plaza 500 - 2
500 NE 5th Ave, Delray Beach, FL 33483 |
Office | 1,512 SF | - | - |
|
Plaza 500 - 1
506 NE 5th Ave, Delray Beach, FL 33483 |
Office | 1,506 SF | 1951 | - |
| 466 NE 5th Ave, Delray Beach, FL 33483 | Office | 1,359 SF | 1950 | - |
|
Plaza 500 - 2
506 NE 5th Ave, Delray Beach, FL 33483 |
Retail | 492 SF | - | - |
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Plaza 500