Basic Information
- MLS # RX-11140139
- Type Commercial
- Year Built 1935
- Total Sqft 3,049
- Date Listed 11/11/2025
- Days on Market 129
Incredible restaurant-anchored mixed-use property located at 504 E Atlantic Avenue in Delray Beach, Florida. This investment property allows an investor to secure a free-standing building with built-in upside, including three units in the center of Downtown Delray Beach. This asset boasts a restaurant use on the ground floor below at a market rent, providing future upside. Moreover, the second floor currently operates as two office spaces that are leased at below-market rents as well. This property sits in a strong location at the intersection of Federal Highway and Atlantic Avenue. The property is being sold stabilized with value-add opportunities surrounding the second floor and through future repositioning of the restaurant with a higher rental structure and the ability to liquidate 4COP to bring the basis down of the overall investment.
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Parking Description
Interior Features
- Adjusted Sqft 3,049Sq.Ft
- Sqft 3,049 Sq.Ft
Property Features
- Aprox. Lot Size 3,049
- Furnished Info No
- Short Sale Regular Sale
- Subdivision Complex
- Subdivision Info
- Tax Amount $39,721
- Tax Year 2024
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Delray Beach, FL 33483Similar Properties For Sale
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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Atlantic One Realty Group LLC. tel: (561) 203-5170
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