1200 E Atlantic Avenue, Delray Beach

$7,500,000

0 Bed
0 Bath
6,703 Sqft
.22 Acre
0 Garage

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.

Essential Information
MLS® #RX-10902241
Price$7,500,000
Square Footage6,703
Acres0.22
Year Built1951
TypeCommercial
Sub-TypeIncome, Mixed
StatusActive
Style

Commercial, Income, Office/Retail, Other, Retail

Community Information
Address1200 E Atlantic Avenue
Area4140
SubdivisionOCEAN PARK DELRAY
CityDelray Beach
CountyPalm Beach
StateFL
Zip Code33483
Utilities

3-Phase Electric, Public Sewer, Public Water, Separate Meter, Other

Interior
AppliancesBuilding and Land
HeatingOther
CoolingOther
# of Stories2
Exterior
Lot DescriptionIncome / Development
RoofOther
Additional Information
Date ListedJuly 6th, 2023
Days on Market294
ZoningCBD(ci
Listing Details
OfficeOcean Delray Real Estate
Property History
Price Reduced from $8,500,000 to $7,500,000
Status Changed from Price Change to Active
Status Changed from Active to Price Change
Status Changed from New to ActivePrice Reduced from $9,250,000 to $8,500,000
LISTING MAP

Get directions to this property:

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2024 BeachesMLS, Inc.

Listing information last updated on April 30th, 2024 at 8:15pm EDT.