802 SE 5th Avenue

Delray Beach, FL, 33483

$3,385,000

$3,385,000
Active
Active
 - For Sale
property_type
Commercial
calendar
Built 1976
An amazing Delray Beach opportunity within this Commercial Investment restaurant property. Great and consistent cash flow with virtually no effort or cost to the owner. Property faces appr 211 feet on 5th Avenue which is southbound Federal Hwy and has heavy traffic passing all day, everyday. It's just south and within walking distance of Atlantic Avenue. The current tenant has an excellent reputation and has been established on site for 6 years with approximately 4 years left on the current NNN lease. Zoning is the broad and open Central Business District for considering future uses. CBD Zoning affords all the permitted uses of GC and a long list of others as well as countless conditional uses. An excellent building and almost 29,000 sf of improved land convey to the fortunate new owner.
MLS® ID:
R10840836
Listed:
10/23/22
Updated:
3/25/23

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Floor Description
Tile
Cooling
Central Air, Electric
Heating
Central, Electric

Exterior/Building Features

Lot Size
0.66 acres lot
Lot Details
Central Business District
Roof
Concrete
Sewer
Public Sewer

Other Property Details

Area Name
4370
Taxes
$28981
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
Palm Beach County
Utilities
Sewer Available, Water Available
Water Source
Public
Pool
No
Total Stories
1
Buyer Agency Compensation
3.0%
Transaction Broker Compensation
3.0%

Property History

Date
Event
Price
Value
2/14/23
Price Change
$3,385,000
-9%

Courtesy of Atlantic Waterfront Properties, David Gunther,
Listing Contact: (954) 651-4789 

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Data last updated 2:06 PM UTC, 3/25/23

 

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