Address1200 E Atlantic Av, Delray Beach, FL, 33483
Price$7,500,000
- Commercial
- 6,703 SQ FT
- Built in 1951
Exceptional Investment Opportunity for Builders and Developers. This prime mixed-use property generates income today, also promises substantial future appreciation. You have the choice to hold it for long-term gains or redevelop it into five unique retail spaces and five expansive, high-end condominiums. Architecture and renderings provided by Randall Stofft Architects.
Essential Information
- MLS® #RX-10902241
- Price$7,500,000
- Taxes$70,020 (2022)
- Square Footage6,703
- Acres0.22
- Price/SqFt$1,119 USD
- Year Built1951
- TypeCommercial
- Sub-TypeIncome, Mixed
- StatusActive
Community Information
- Address1200 E Atlantic Av
- Area4140
- SubdivisionOCEAN PARK DELRAY
- CityDelray Beach
- CountyPalm Beach
- StateFL
- Zip Code33483
Style
Commercial, Income, Office/Retail, Other, Retail
Utilities
3-Phase Electric, Public Sewer, Public Water, Separate Meter, Other
Amenities
Interior
- AppliancesBuilding and Land
- HeatingOther
- CoolingOther
- # of Stories2
Exterior
- Lot DescriptionIncome / Development
- RoofOther
Additional Information
- Days on Website296
- ZoningCBD(ci
Listing Details
- OfficeOcean Delray Real Estate
Price Change History for 1200 E Atlantic Av, Delray Beach, FL (MLS® #RX-10902241)
| Date | Details | Change | |
|---|---|---|---|
| Status Changed from Price Change to Active | – | ||
| Status Changed from Active to Price Change | – | ||
| Price Reduced from $8,500,000 to $7,500,000 | |||
| Status Changed from Price Change to Active | – | ||
| Status Changed from Active to Price Change | – | ||
| Show More (2) | |||
| Price Reduced from $9,250,000 to $8,500,000 | |||
| Status Changed from New to Active | – | ||
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