Active
1200 E Atlantic Avenue
Delray Beach FL, 33483
$8,500,000
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
February 21, 2025
Updated
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
Security
Smoke Detector(s)
Other Property Details
Area Name
4140
Taxes
$70,020
Tax Frequency
Annually
Days on Market
112
Garage
No
View
No
County
Palm Beach County
Water Source
Public
Pool
No
Utilities
Electricity Available, Other, Sewer Available, Water Available
Listed by: Ocean Delray Real Estate
Listing Contact:
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Data last updated 10:58 PM UTC, 2/21/2025