Home/Search/124 NE 5th Avenue, Delray Beach FL 33483
124 NE 5th Avenue, Delray Beach FL 334831 / 88
For Sale
Mixed Use

$4,495,000

124 NE 5th Avenue, Delray Beach FL 33483

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About This Property

124 NE 5th Ave offers a rare opportunity to acquire a free-standing commercial property in the CBD of Delray Beach. Built in 2018, this Art Deco-inspired building totals 6,364 SF, including 2,336 SF of unfinished second-floor space for expansion or income potential. Features include a full commercial kitchen, café/soda fountain layout, and a new commercial elevator. Situated on 0.31 acres with 15 parking spaces and a backup generator. Located one block from Atlantic Avenue, offering strong visibility and walkability. CBD zoning allows for diverse commercial uses. Existing business will relocate upon sale.

Property Details

MLS #:B26004744
Price:$4,495,000
Original Price:$4,990,000
Status:For Sale
Days on Market:197
Date Listed:Mar 19, 2026
Total Bathrooms:0
Building Area:6364 sqft
Lot Size:13695 sqft
Lot Acres:0.31 acres
Year Built:2018
Property Type:Commercial Sale
Property Sub Type:Mixed Use

Heating:Central
Cooling:Central Air, Zoned
Flooring:Tile
Interior Features:Fire Sprinklers, Elevator
Security Features:Smoke Alarm, Smoke Detector(s), Fire Sprinkler System, Fire Sprinklers, Fire Alarm, Owned Burglar Alarm, Smoke Detector, Burglar Alarm, Security System, Unit Alarm
Stories:1
Virtual Tour:Available

Construction Materials:CBS Construction, Slab Construction, Stucco
Roof:Flat Tile, Flat Roof With Facade Front
Exterior Features:East Of Us1, Balcony, None
Lot Features:Central Business District, City Location, East Of US 1, Sidewalk
Lot Size:13695 sqft
Sewer:At Site, Public Sewer, Other, Public Sanitation, Sewer
Water Source:Public
Utilities:Sewer Connected, Water Connected, Electricity Available, Sewer Available, Water Available
Electric:200+ Amp Service

Total Parking:15

Zoning:CBD (city)

Annual Tax Amount:$61,449
Tax Year:2025
Listing Terms:All Cash, Conventional
Special Conditions:Sale
Parcel Number:12434616010990180
Legal Description:TOWN OF DELRAY N 109.4 FT OF S 292.2 FT OF E 1/2 /LESS RD R/W/ OF BLK 99

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$4,495,000
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Estimated Monthly Payment

$31,596/mo

Principal & Interest$22,729
Property Tax$5,121
Insurance$3,746
Loan Amount$3,596,000
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REsource

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Interested in this property? Contact us today for a private showing.

(954) 347-4167

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1 of 93
For Sale
Townhouse
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810 Andrews Avenue, Delray Beach FL 33483

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For Sale
Condominium
$5,650,000

400 S Ocean Boulevard # 105, Delray Beach FL 33483

3 bd3 bth2,203 sq. ft.
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For Sale
Agriculture
$5,600,000

4013 W Atlantic Avenue, Delray Beach FL 33445

— bd0 bth— sq. ft.

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Listing courtesy of Sotheby's Intl. Realty, Inc.. Data last updated October 2, 2026 at 03:20 PM.