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

 

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