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1200 E Atlantic Av, Delray Beach, FL

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Exceptional Investment Opportunity for Builders and Developers. This prime mixed-use property generates income today, also promises substantial future appreciation. You have the choice to hold it for long-term gains or redevelop it into five unique retail spaces and five expansive, high-end condominiums. Architecture and renderings provided by Randall Stofft Architects.

    Property Summary

  • $7,500,000 Price
  • 6,703 Sqft
  • .22 Acres
  • 304 Days on Market
  • Active Listing Status
  • OCEAN PARK DELRAY Subdivision
  • RX-10902241 MLS #

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Listing History for 1200 E Atlantic Av, Delray Beach, FL (MLS® #RX-10902241)

Date Details Change
Status Changed from Price Change to Active
Status Changed from Active to Price Change
Price Reduced from $8,500,000 to $7,500,000 $1,000,000 (11.76%)
Status Changed from Price Change to Active
Status Changed from Active to Price Change
Show More (2)
Price Reduced from $9,250,000 to $8,500,000 $750,000 (8.11%)
Status Changed from New to Active

Essential Information

  • MLS® # RX-10902241
  • Price $7,500,000
  • Living Square Feet 6,703
  • Acres 0.22
  • Year Built 1951
  • Type Commercial
  • Status Active
  • Sub-Type Income, Mixed
  • Style Commercial, Income, Office/Retail, Other, Retail
  • ListingDOM 304

Community Information

  • Area 4140
  • Subdivision OCEAN PARK DELRAY
  • Zoning CBD(ci

Lot Details

  • Lot Description Income / Development

Interior

  • Heating Other
  • Cooling Other
  • # of Stories 2
  • Flooring Other
  • Appliances Building and Land

Exterior

  • Roof Other
  • Utilities 3-Phase Electric, Public Sewer, Public Water, Separate Meter, Other

Financial Information

  • Tax Amount 70020
  • Tax Year 2022
  • Listing Price PerSqFt 1119

Listing Details

  • Office Ocean Delray Real Estate

Listing Description of 1200 E Atlantic Av, Delray Beach, FL

Property Listing Summary: Located in the subdivision, 1200 E Atlantic Av, Delray Beach, FL is a Commercial property for sale in Delray Beach, FL 33483, listed at $7,500,000. As of May 5, 2024 listing information about 1200 E Atlantic Av, Delray Beach, FL indicates the property features 0 beds, 0 baths, and has approximately 6,703 square feet of living space, with a lot size of 0.22 acres, and was originally constructed in 1951. The current price per square foot is $1,119.

A comparable listing at in is priced for sale at $. Another comparable property, is for sale at $.

To schedule a private showing of MLS# RX-10902241 at 1200 E Atlantic Av, Delray Beach, FL in , please contact your real estate agent at (561) 951-9301.


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