Active
1200 E Atlantic Avenue
Delray Beach FL, 33483
$7,500,000
Active
Commercial
Built in 1951
Exceptional Investment Opportunity for Builders and Developers. This prime mixed-use property generates income today, also promises substantial future appreciation. You have the choice to hold it for long-term gains or redevelop it into five unique retail spaces and five expansive, high-end condominiums. Architecture and renderings provided by Randall Stofft Architects.
R10902241
MLSⓇ ID
July 6, 2023
Listed
April 12, 2024
Updated
Map
1200 E Atlantic Avenue
Delray Beach FL, 33483
Interior Features
Total Stories
2
Floor Description
Other
Fireplace
No
Cooling
Yes
Cooling Description
Other
Heating
Yes
Heating Description
Other
Exterior/Building Features
Lot Size
0.22 Acres
Roof
Other
Sewer
Public Sewer
Other Property Details
Area Name
4140
Taxes
$70,020
Tax Frequency
Annually
Days on Market
279
Garage
No
View
No
County
Palm Beach County
Water Source
Public
Pool
No
Buyer Agency Compensation
4%
Listing History
Date | Event | Price |
|---|---|---|
4/10/2024 | Price Change | $7,500,000 -12% |
7/27/2023 | Price Change | $8,500,000 -9% |
Listed by: Ocean Delray Real Estate
Listing Contact: (203) 996-0651
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Data last updated 7:42 PM UTC, 4/12/2024
