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Delray Beach CBD Land Assemblage 3 Office Properties Offered at $19,032,120 CAD in Delray Beach, FL
Investment Highlights
- 1+ acres CBD zoning - High density for redevelopment.
- Close proximity to I95 and and the beach.
- Prime location on Federal Hwy in East Delray Beach blocks from Atlantic Ave.
- High Occupancy rate/Strong rental income.
Executive Summary
This offering presents a rare opportunity to acquire a three-parcel contiguous land assemblage located just three blocks north of Atlantic Avenue in the core of Delray Beach.
The property combines in-place cash flow, mark-to-market rental upside, and long-term redevelopment potential appealing to both yield-focused investors and developers seeking scale in a supply-constrained coastal market.
Currently improved with multiple income-producing structures, the asset generates stable revenue while offering additional upside through lease-up of vacant suites and future redevelopment.
The property combines in-place cash flow, mark-to-market rental upside, and long-term redevelopment potential appealing to both yield-focused investors and developers seeking scale in a supply-constrained coastal market.
Currently improved with multiple income-producing structures, the asset generates stable revenue while offering additional upside through lease-up of vacant suites and future redevelopment.
Property Facts
| Price | $19,032,120 CAD | Number of Properties | 3 |
| Price / SF | $1,576 CAD / SF | Individually For Sale | 0 |
| Sale Condition | Bulk/Portfolio Sale | Total Building Size | 12,077 SF |
| Sale Type | Investment | Total Land Area | 1.04 AC |
| Status | Active |
| Price | $19,032,120 CAD |
| Price / SF | $1,576 CAD / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 12,077 SF |
| Total Land Area | 1.04 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Three Fifty Five Building
355 NE 5th Ave, Delray Beach, FL 33483 |
Office | 9,385 SF | 1982 | - |
| 393 NE 5th Ave, Delray Beach, FL 33483 | Office | 1,533 SF | 1926 | - |
| 381 NE 5th Ave, Delray Beach, FL 33483 | Office | 1,159 SF | 1965 | - |
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Delray Beach CBD Land Assemblage
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