About this home
Opportunity to own a freestanding commercial building just one block off Atlantic Avenue in booming Downtown Delray Beach. Located on a highly visible corner of NE 5th Avenue (federal highway) & NE 1st Street (DT bypass) Pineapple Grove is just 3 blocks to the west the beach is less than mile east. Plentiful on-site parking (17 spaces) double corner lot. The building is being renovated with Impact glass, roof refurbish & new exterior painting. Downtown Delray Beach is a vibrant market with improved demographics & new residential all around this location.
Listing last checked: Listing updated:
Listed by Cheran Alisa Marek · Douglas Elliman · MLS #B26082657
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Details at a glance
Interior3 property facts
- Heating
- Central
- Cooling
- Central Air
- Flooring
- Other
Building4 property facts
- Style
- Retail
- Year built
- 1964
- Parking
- 17
- Roof
- Composition
Land & utilities4 property facts
- Lot size
- 0.32 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- CBD (city)
Financial2 property facts
- Annual taxes
- $53,347
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $5,000,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$29,728 / monthAdjust
- Principal & interest
- $25,283
- Property tax
- $4,446
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $53,347. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- New
$33 · Aug 7, 2026
- Ter
$33 · Jan 5, 2026
- Ter
$33 · Jan 5, 2026
- Ter
$5,000,000 · Aug 25, 2025
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About 117 NE 5th Avenue
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