Delray Beach, FL 124 NE 5th Avenue
$4,990,000



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Presented By: Sotheby's Intl. Realty, Inc.
Home Details
124 NE 5th Ave offers a rare opportunity to acquire a free-standing commercial property in the CBD of Delray Beach. Built in 2018, this Art Deco-inspired building totals 6,364 SF, including 2,336 SF of unfinished second-floor space for expansion or income potential. Features include a full commercial kitchen, café/soda fountain layout, and a new commercial elevator. Situated on 0.31 acres with 15 parking spaces and a backup generator. Located one block from Atlantic Avenue, offering strong visibility and walkability. CBD zoning allows for diverse commercial uses. Existing business will relocate upon sale.
Presented By: Sotheby's Intl. Realty, Inc.
Interior Features for 124 NE 5th Avenue
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringTile
Heating Y/NYes
Total Stories1
General for 124 NE 5th Avenue
AccessibilityAccessibility Features
Building FeaturesElevator(s)
Building NameDelray Shores Pharmacy
CityDelray Beach
Community FeaturesSidewalks
Construction MaterialsBlock, Stucco
CoolingCentral Air, Zoned
CountyPalm Beach
DirectionsTake I-95 to Exit 52 (Atlantic Ave / FL-806) toward Delray Beach. After exiting, head east on Atlantic Avenue toward downtown. Continue on Atlantic Ave for about 1.2 miles. Turn left onto NE 5th Ave. Go one block north. 124 NE 5th Ave will be on the
Electric200+ Amp Service
HeatingCentral
Legal DescriptionTOWN OF DELRAY N 109.4 FT OF S 292.2 FT OF E 1/2 /LESS RD R/W/ OF BLK 99
LevelsTwo
MLS Area4360
New ConstructionNo
Occupancy TypeOwner
Patio/Porch FeaturesBalcony
PossessionClose Of Escrow
PostalCityDelray Beach
Property ConditionResale
Property Sub Type AdditionalMixed Use
Property SubtypeMixed Use
Property TypeCommercial Sale
RoofFlat
Security FeaturesSecurity System Owned, Fire Alarm, Fire Sprinkler System, Smoke Detector(s)
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories Count2
Tax Annual Amount61449.45
Tax Year2025
UtilitiesElectricity Connected, Sewer Available, Water Available
Virtual TourClick here
Year Built2018
Exterior for 124 NE 5th Avenue
Building Area Total6364
Exterior AmenitiesBalcony
FencingNone
Foundation DetailsSlab
Lot FeaturesCentral Business District, City Lot, Landscaped, None
Lot Size Acres0.31
Lot Size Area13695
Number of Buildings1
Other EquipmentNegotiable
Parking FeaturesAccessible Parking
Road Frontage TypeCity Street
Road ResponsibilityPublic Maintained Road
Road Surface TypeAsphalt
Total Parking15
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
SQFT • 6,364