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367 NE 3rd Avenue, Delray Beach, FL 33444
Under Contract
66 Days on Market
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$1,800,000

367 NE 3rd Avenue

Delray Beach, FL 33444

Explore the area: Delray Beach homes for sale · Palm Beach County real estate

How this price compares

Asking price
$1,800,000
Price per sq ft
N/A
Original price
$2,400,000
Days on market
66

This commercial property in ZIP 33444 went under contract with an asking price of $1,800,000. The asking price has come down 25% from its original $2,400,000. It spent 66 days on the market before going under contract.

0
Bedrooms
0
Bathrooms
0
Living Sq Ft
1966
Year Built

Estimated monthly payment

$9,460 /mo

Principal and interest only, based on $360,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price
$1,800,000
Days on Site
66 Days
Bedrooms
0
Total Baths
0
Total Sq Ft
1,600 sqft
Lot Size
0.06 Acres
Year Built
1966
Property Type
Commercial
MLS #
F10537502
Property Tax
$11,786 (2025)
County
Palm Beach
Status
Under Contract

About This Property

Prime Opportunity in Delray Beach’s Arts District! Located just steps from Atlantic Ave, minutes from the beach. 1600 sf freestanding building, Zoned CBD-RC, the property offers flexible potential. Situated in a area of galleries, boutiques, luxury apartments, hotels, and cultural venues, this space benefits from high foot traffic, high visibility, and creative energy. Whether you're a restaurateur, investor, or developer, you'll appreciate its central location, lot efficiency, and redevelopment potential.Opportunities in this pocket of Delray's Art District do not come around often.*Information contained herein is deemed reliable but not guaranteed. No warranty or representation is made as to the accuracy of any information provided. Buyers should conduct their own due diligence. In the heart of Delray’s creative district, this property offers a rare opportunity for repositioning or redevelopment. High foot traffic, excellent visibility, and close proximity to Atlantic Ave and the beach make it ideal for end users or investors. The CBD-RC zoning allows for a wide range of uses, and the included 2nd-story concept plans provide additional value and future expansion options. Perfect for those looking to create a boutique commercial space, studio, café, or signature brand location in one of Delray Beach’s most vibrant corridors.

MLS media link

General Features

Property Type
Commercial
Status
Under Contract
Year Built
1966
Property Condition
Resale
Number of Stories
1
Lot Size (Acres)
0.06
Total Sq Ft
1,600
Structure Type
Office / Retail / Warehouse
Sewer
Public Sewer
Water Source
Public
Zoning
CBD - RC

Interior Features

Cooling
Central Air
Heating
Central / Individual

Exterior Features

Construction
Block
Roof
Concrete

Community & HOA

Financing Terms
Cash / Conventional
MLS Area
4460

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
1,534
Under Contract
450
Median List Price
$289,500
Median Sale Price (September)
$410,000
Median $/Sq Ft
$239
Avg Days on Market
113
View all 1,534 homes for sale in Delray Beach →
How do I schedule a tour of 367 NE 3rd Avenue, Delray Beach, FL 33444?
Use the Tour button on this listing to request a showing of 367 NE 3rd Avenue, Delray Beach, FL 33444. 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 367 NE 3rd Avenue, Delray Beach, FL 33444 still available?
367 NE 3rd Avenue, Delray Beach, FL 33444 is currently listed as Under Contract, and has been on the market 66 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 367 NE 3rd Avenue, Delray Beach, FL 33444?
With 20% down ($360,000) on the $1,800,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 367 NE 3rd Avenue, Delray Beach, FL 33444 is about $9,460/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 367 NE 3rd Avenue, Delray Beach, FL 33444?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 367 NE 3rd Avenue, Delray Beach, FL 33444. 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 367 NE 3rd Avenue, Delray Beach, FL 33444?
Often, yes. The right offer on 367 NE 3rd Avenue, Delray Beach, FL 33444 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 Better Homes & Gdns RE Fla 1st

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 July 1, 2026.

$1,800,000

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Listed by Alexander Sepkowski, Better Homes & Gdns RE Fla 1st

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