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$2,000,000

501 NE 2ND Street

Delray Beach, FL 33483

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

How this price compares

List price
$2,000,000
Price per sq ft
N/A
Original price
Unchanged
Days on market
N/A

This commercial property in ZIP 33483 is listed at $2,000,000.

0
Bedrooms
0
Bathrooms
0
Living Sq Ft
1964
Year Built

Estimated monthly payment

$10,511 /mo

Principal and interest only, based on $400,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price
$2,000,000
Days on Site
0 Days
Bedrooms
0
Total Baths
0
Lot Size
0.14 Acres
Year Built
1964
Property Type
Commercial
MLS #
B26097126
Property Tax
$14,811 (2025)
County
Palm Beach
Status
Active
Special Conditions
Standard

About This Property

Rare Downtown Delray Beach opportunity! Approximately 1/3 acre (±14,500 sq ft) of cleared commercial land at 501 NE 2nd Street, just steps from Atlantic Avenue's restaurants, shops and nightlife. The site previously operated with a drive-thru; the prior structure was lost to fire and the lot has been fully cleared, ready for your vision. Ideal for an owner-user, developer, investor or build-to-suit in one of South Florida's most walkable and in-demand downtowns. Also available for lease; see separate listing. Buyer to verify zoning, permitted uses, and reinstatement of drive-thru with the City of Delray Beach. Prime downtown location close to Atlantic Avenue, the Intracoastal, Delray Beach's beaches, Brightline and I-95 access. Vacant and cleared with no structure on site. Utilities available; buyer to verify service and connections with providers. All information deemed reliable but not guaranteed; buyer to independently verify lot size, zoning, land use, flood zone and all permitted uses.

General Features

Property Type
Commercial
Status
Active
Year Built
1964
Property Condition
Resale
Number of Stories
1
Levels
One
Parking
Assigned / Common
Lot Size (Acres)
0.14
Structure Type
Office / Retail
Sewer
Public Sewer
Water Source
Multiple Meters / Public
Zoning
CBD (city)

Interior Features

Cooling
None
Heating
Other
Flooring
Other

Exterior Features

Construction
Other / See Remarks
Roof
Other
Lot Features
Less Than Quarter Acre

Community & HOA

Security
None
Utilities
Other
Financing Terms
Owner May Carry / Other
MLS Area
4220

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
1,728
Under Contract
505
Median List Price
$295,000
Median Sale Price (October)
$407,500
Median $/Sq Ft
$239
Avg Days on Market
111
View all 1,728 homes for sale in Delray Beach →
How do I schedule a tour of 501 NE 2ND Street, Delray Beach, FL 33483?
Use the Tour button on this listing to request a showing of 501 NE 2ND Street, 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 501 NE 2ND Street, Delray Beach, FL 33483 still available?
501 NE 2ND Street, Delray Beach, FL 33483 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 501 NE 2ND Street, Delray Beach, FL 33483?
With 20% down ($400,000) on the $2,000,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 501 NE 2ND Street, Delray Beach, FL 33483 is about $10,511/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 501 NE 2ND Street, Delray Beach, FL 33483?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 501 NE 2ND Street, 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 501 NE 2ND Street, Delray Beach, FL 33483?
Often, yes. The right offer on 501 NE 2ND Street, 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 Regency Realty Services

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 November 14, 2026.

$2,000,000

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Listed by Angela Dovner, Regency Realty Services

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