$5,000,000
117 NE 5th Avenue
Delray Beach, FL
Explore the area: Delray Beach homes for sale · Palm Beach County real estate
Price Check
How this price compares
- List price
- $5,000,000
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- N/A
This commercial property is listed at $5,000,000.
Estimated monthly payment
$26,277 /mo
Principal and interest only, based on $1,000,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $5,000,000
- Days on Site
- 0 Days
- Bedrooms
- 0
- Total Baths
- 0
- Total Sq Ft
- 6,234 sqft
- Lot Size
- 0.32 Acres
- Year Built
- 1964
- Property Type
- Commercial
- MLS #
- B26082657
- Property Tax
- $53,347 (2025)
- County
- Palm Beach
- Status
- Active
- Special Conditions
- Standard
About This Property
Opportunity to own a freestanding commercial building just one block off Atlantic Avenue in booming Downtown Delray Beach. Located on a highly visible corner of NE 5th Avenue (federal highway) & NE 1st Street (DT bypass) Pineapple Grove is just 3 blocks to the west the beach is less than mile east. Plentiful on-site parking (17 spaces) double corner lot. The building is being renovated with Impact glass, roof refurbish & new exterior painting. Downtown Delray Beach is a vibrant market with improved demographics & new residential all around this location.
Virtual TourGeneral Features
- Property Type
- Commercial
- Status
- Active
- Year Built
- 1964
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Parking
- Assigned
- Lot Size (Acres)
- 0.32
- Total Sq Ft
- 6,234
- Sewer
- Public Sewer
- Water Source
- Multiple Meters / Public
- Zoning
- CBD (city)
Interior Features
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Other
Exterior Features
- Construction
- Block
- Roof
- Composition
- Lot Features
- Quarter To Half Acre Lot
Community & HOA
- Security
- Fire Sprinkler System
- Utilities
- Cable Available / Electricity Available / Sewer Not Available
- Financing Terms
- Cash / Exchange1031
- MLS Area
- 4330
About the Area
Delray Beach homes for sale run from $225K downtown condos to $10,000,000+ oceanfront estates. Atlantic Avenue condos start at $225K; oceanfront estates on the barrier island start at $2,500,000. Tropic Isle and Rainberry Bay sit in the $400K to $700K range. Valencia Cove and Saturnia Isles, west of Lyons Road, make up about 35% of resale volume. Atlantic Avenue itself is three blocks from the beach. The city has won the All-America City award three times. Delray Beach covers 16 square miles, with Boynton Beach to the north and Boca Raton directly south.
- Homes for Sale
- 1,978
- Median List Price
- $279,000
- Median $/Sq Ft
- $237
- Avg Days on Market
- 116
Frequently Asked Questions
- How do I schedule a tour of 117 NE 5th Avenue, Delray Beach, FL?
- Use the Tour button on this listing to request a showing of 117 NE 5th Avenue, Delray Beach, FL. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 117 NE 5th Avenue, Delray Beach, FL still available?
- 117 NE 5th Avenue, Delray Beach, FL is currently listed as Active. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 117 NE 5th Avenue, Delray Beach, FL?
- With 20% down ($1,000,000) on the $5,000,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 117 NE 5th Avenue, Delray Beach, FL is about $26,277/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 117 NE 5th Avenue, Delray Beach, FL?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 117 NE 5th Avenue, Delray Beach, FL. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 117 NE 5th Avenue, Delray Beach, FL?
- Often, yes. The right offer on 117 NE 5th Avenue, Delray Beach, FL depends on how it's priced against comparable commercial sales in Delray Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Douglas Elliman
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated October 2, 2026.
$5,000,000
Interested in This Property?
Contact us to schedule a showing or ask a question.
Own a home near this one? See what it would sell for today
Listed by Cheran Alisa Marek, Douglas Elliman
Map & Location
Featured Communities
Cities in Palm Beach County
Zip Codes in Palm Beach County
Property Types
