Active
306 NE 2nd Street
Delray Beach FL, 33483
$8,100,000
Active
Commercial
Built in 1948
This property consists of two parcels combined. The building is 6,011 square feet and has 22 office suites with 14 parking spaces on site and the square footage of the lot is 13,319. Across the street is a 23,996 square foot parking lot with 51 spaces. Great development opportunity in the heart of Delray or a great opportunity to own an income producing property downtown. Currently with a gross income of $240,000. If you are interested we are happy to discuss and provide you with any information needed. There are plans to redevelop the property and build a 51 room extended vacation hotel. Generate cash flow while you finalize the building plans. Ask about our various acquisition options: fee simple purchase, fee simple and land lease, and land lease options.
R10721769
MLSⓇ ID
June 5, 2021
Listed
February 21, 2025
Updated
Interior Features
Total Stories
2
Floor Description
Laminate, Tile
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.86 Acres
Roof
Tar/Gravel
Security
Fire Sprinkler System, Smoke Detector(s)
Other Property Details
Area Name
4460
Taxes
$42,058
Tax Frequency
Annually
Days on Market
739
Garage
No
View
No
County
Palm Beach County
Water Source
Public
Pool
No
Utilities
Electricity Available, Water Available
Listed by: Van Arnem Properties Inc.
Listing Contact:
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Data last updated 10:53 PM UTC, 2/21/2025