181 5Th AveDelray Beach, FL 33483

This exceptional redevelopment opportunity presents a prime 14,800 square foot commercial lot in the heart of Delray Beach, Florida. Located at 181 SE 5th Ave, 33483, this corner lot boasts significant frontage on three sides, including Federal Highway and SE 2nd Street, offering unparalleled visibility and accessibility. The property's CBD zoning unlocks a wide range of development possibilities, catering to diverse commercial ventures. Currently featuring a +/- 4,586 square foot building with 14 private offices, one office with a private restroom, two conference rooms, two additional restrooms, and a breakroom, this existing structure provides immediate income potential or a solid foundation for a larger-scale project. The property also includes approximately 19 parking spaces, a valuable asset in a high-traffic area. The asking price is $4,000,000. The property is situated just 1.5 blocks south of Atlantic Avenue on Federal Highway, placing it within close proximity to thriving businesses and a vibrant community. Note that the listed real estate taxes reflect a non-profit status. This is a truly unique opportunity to capitalize on Delray Beach's dynamic growth and create a landmark commercial development.