How do I schedule a tour of 117 NE 5th Avenue, Delray Beach, FL 33483?

Use the Tour button on this listing to request a showing of 117 NE 5th Avenue, Delray Beach, FL 33483. 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 33483 still available?

117 NE 5th Avenue, Delray Beach, FL 33483 is currently listed as Active, and has been on the market 323 days. 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 33483?

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 33483 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 33483?

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 33483. 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 33483?

Often, yes. The right offer on 117 NE 5th Avenue, Delray Beach, FL 33483 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.

Active

323 Days on Market

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All Listings

$5,000,000

117 NE 5th Avenue

Delray Beach, FL 33483

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: 323

This commercial property in ZIP 33483 is listed at $5,000,000. It has been on the market for 323 days.

Bedrooms

Bathrooms

Living Sq Ft

1964

Year Built

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 estimate

Listing Snapshot

Price: $5,000,000
Days on Site: 323 Days
Bedrooms: 0
Total Baths: 4
Total Sq Ft: 7,267 sqft
Lot Size: 0.32 Acres
Year Built: 1964
Property Type: Commercial
MLS #: R11118356
Property Tax: $48,421 (2024)
County: Palm Beach
Status: Active
Special Conditions: Standard / Listed As Is

About This Property

Prime Downtown Delray Beach Location just one block off Atlantic Avenue. Double corner lot offers redevelopment potential or keep AS IS. MULTI-USE COMMERCIAL PROPERTY WITH 17 SPACE OFF-STREET PARKING AREA IS A FREE STANDING CORNER 2-UNIT BUILDING AT THE NE INTERSECTION OF NE 5TH AVE & NE 1ST ST IN DOWTOWN DELRAY BEACH. UNIT A (NOW VACANT) HAS 3366 SQ FT PLUS A LOFT AREA OF 1033 SQ FT. CONSISTING OF OFFICES, CONFERENCE ROOM, RECEPTION AREA AND STORAGE. UNIT B (NOW VACANT) HAS 2868 SQ FT OF AVAILABLE FLOOR SPACE AND IS A LARGE, MOSTLY OPEN SHOWROOM, SPACE WITH AN OFFICE/WORK ROOM AND AN INVENTORY/STOCK ROOM IN BACK AREA WITH OVERHEAD GARAGE DOOR ACCESS. PROPERTY IS ZONED CBD. LOT IS .3226 ACRES/14052 SF (125X112.4)

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General Features

Property Type: Commercial
Status: Active
Year Built: 1964
Property Condition: Resale
Levels: One
Parking: Accessible Parking
Lot Size (Acres): 0.32
Total Sq Ft: 7,267
Structure Type: Office / Retail
Sewer: Public Sewer
Water Source: Multiple Meters / Public
Zoning: CBD

Interior Features

Cooling: Central Air
Heating: Central
Flooring: Concrete / Ceramic Tile / Tile / Wood

Exterior Features

Construction: Block / Concrete / Stucco
Roof: Built Up / Other
Lot Features: Central Business District / Corner Lot / City Lot / Quarter To Half Acre Lot

Community & HOA

Security: Closed Circuit Cameras / Fire Alarm / Fire Sprinkler System
Utilities: Electricity Connected
Financing Terms: Cash / Conventional / Exchange1031
MLS Area: 4360

About the Area

Delray Beach

View Delray Beach Real Estate →

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: 2,019
Median List Price: $279,900
Median $/Sq Ft: $237
Avg Days on Market: 115

View all 2,019 homes for sale in Delray Beach →

Frequently Asked Questions

How do I schedule a tour of 117 NE 5th Avenue, Delray Beach, FL 33483?: Use the Tour button on this listing to request a showing of 117 NE 5th Avenue, Delray Beach, FL 33483. 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 33483 still available?: 117 NE 5th Avenue, Delray Beach, FL 33483 is currently listed as Active, and has been on the market 323 days. 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 33483?: 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 33483 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 33483?: 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 33483. 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 33483?: Often, yes. The right offer on 117 NE 5th Avenue, Delray Beach, FL 33483 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 June 23, 2026.

$5,000,000

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Listed by Cheran Alisa Marek, Douglas Elliman

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Recently sold homes in ZIP 33483

These are the last 6 recorded closings in ZIP 33483, with the price each home actually sold for rather than what it was listed at. They closed at a median of $896 per square foot. The most recent closed on October 5, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.