1200 E Atlantic Ave Delray Beach FL 33483 | MLS #A12114966
1200 E Atlantic Ave
Delray Beach, FL, 33483
$8,500,000
Beds
0 Baths
0 SqFt
0.23 Acres
$8,500,000
1200 E Atlantic Ave
Delray Beach, FL, 33483
MLS #A12114966 image #0
Fully leased, income-producing mixed-use building on East Atlantic Avenue, on the beach block in Delray Beach. Two-story building of about 6,703 SF per Palm Beach County on 9,977 SF of CBD-zoned land with about 90 feet of frontage on East Atlantic Avenue. Ten units: six retail, one office and three apartments, 100% leased per the current rent roll. Current NOI $317,134 (about 3.7% cap rate at asking price); 2027 projected NOI $338,734 (about 4.0% cap). 10 parking spaces. Hold for income and appreciation, or redevelop using the existing architectural concept for five retail spaces and five luxury condominiums, subject to City approvals. Rent roll and financials available with the offering memorandum. Contact listing agent for Offering Memorandum.

Property Details

Price:
$8,500,000
MLS #:
A12114966
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Listed Date:
Oct 29, 2026
Total Sq Ft:
6,703
Lot Size:
9,977 sqft / 0.23 acres (approx)
Year Built:
1951
Commercial/residential Income,retail Space

Schools

Interior

Exterior

Lot Features
Central Business District, City Location
Parking Spots
10
Parking Total
10
Stories
2

Financial

Net Operating Income
$317,134
Tax Year
2025
Taxes
$107,585
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Current real estate data for Commercial in Delray Beach as of Nov 01, 2026
3
Commercial Listed
76
Avg DOM
$7,466,033
Avg List Price

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Property Summary

    1200 E Atlantic Ave Delray Beach FL is a Commercial for sale in Delray Beach, FL, 33483. It is listed for $8,500,000
1200 E Atlantic Ave
Delray Beach, FL