561124 NE 5th Avenue, Delray Beach, FL
New Listing
$4,990,000
Property Type:
Commercial Sale
Square Footage:
6,364
Lot Size (sq. ft.):
13,504
Status:
Active
Current Price:
$4,990,000
List Date:
3/20/2026
Last Modified:
3/20/2026
Description
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.
More Information MLS# B26004744
Contract Information
Comp Sale YN: No
Negotiable Seller Concessions YN: Yes
Listing Contract Date: 2026-03-19
Status: Active
Original List Price: 4990000
List Price: $4,990,000
Current Price: $4,990,000
Listing Service: Full Service
Location and Legal
County Or Parish: Palm Beach
Municipality Type: Incorporated
Municipal Code: 12
Postal Code: 33483
Geographic Area: PB06
Subdivision Number: 1
Flood Zone: X
Building Name: Delray Shores Pharmacy
Property Description: COMMERCIAL, MIXED USE
Country: United States
Street Number: 124
Street Direction Prefix: NE
Street Name: 5th
Street Suffix: Avenue
State Or Province: FL
Postal Code +4: 5429
Area: 4360
Parcel Number: 12434616010990180
Zoning: CBD (city)
Directions: Take 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
General Property Information
Number Of Buildings: 1
Occupant Type: Owner
Accessibility Features YN: Yes
Lot Size Area: 13695
Stories Total: 1
Stories: 2
Property Sub Type: Mixed Use
Building Area Main: 6364
Building Area Source: Appraiser
Year Built: 2018
Parking Total: 15
Lot Size Acres: 0.31
Financial Information
Tax Assessed/SOH Value: 3043301
Assessor Market Value: 3043301
Tax Annual Amount: 61449.45
Tax Year: 2025
Tax Legal Description: TOWN OF DELRAY N 109.4 FT OF S 292.2 FT OF E 1/2 /LESS RD R/W/ OF BLK 99
Office/Member Information
DXORIGMLSID: RML
Electric
200+ Amp Service: 1
Flooring
Tile: 1
Foundation Details
Slab: 1
Parking Features
Accessible Parking: 1
Property Condition
Resale: 1
Special Listing Conditions
Standard: 1
Documents Available
Aerial Photo(s): 1
Photos: 1
Fencing
None: 1
Meter Information
Separate Electric Meters YN: No
Separate Gas Meters YN: No
Separate Water Meters YN: No
Structure Type
Mixed Use: 1
Location of Property
Central Business District: 1
City Location: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Utilities
Electricity Connected: 1
Sewer Available: 1
Water Available: 1
Zoning Information
Use Conforms To Zoning: 1
Building Features
Balconies: 1
Elevator(s): 1
Rear Access: 1
Ceiling
Other: 1
Column Span
Unknown: 1
Heating
Central: 1
Sprinkler Description
None: 1
Construction Materials
CBS: 1
Concrete Block - With Stucco: 1
Stucco: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Landscaped: 1
Sidewalks: 1
Other Equipment
Negotiable: 1
Road Frontage Type
City Street: 1
East of US-1: 1
Road Responsibility
Public Maintained Road: 1
Road Surface Type
Asphalt: 1
Roof
Flat: 1
Security Features
Fire Alarm: 1
Fire Sprinkler System: 1
Security System Owned: 1
Smoke Detector(s): 1
Water Source
Public: 1
Cooling
Central Air: 1
Zoned: 1
Showing Requirements
Call Listing Agent: 1
Text Listing Agent: 1
Traffic Type
Auto: 1
Pedestrian: 1
Heavy: 1
Showing Details
Pet(s) on Premises: No
Price Calculations
Current Price To SqFt: 784.09
Status Change Information
Major Change Timestamp: 2026-03-20T20:12:43Z
Major Change Type: New Listing
Status Change Date: 2026-03-20
Originating Details
Originating System Key: 20260312181040535997000000
Originating System ID: M00000170
Property Features
Building Features: Balconies; Elevator(s); Rear Access
Ceiling: Other
Column Span: Unknown
Documents Available: Aerial Photo(s)
Electric: 200+ Amp Service
Fencing: None
Flooring: Tile
Foundation Details: Slab
Heating: Central
Location of Property: Central Business District; City Location
Parking Features: Accessible Parking
Possession: Close Of Escrow
Property Condition: Resale
Special Listing Conditions: Standard
Sprinkler Description: None
Zoning Information: Use Conforms To Zoning
Construction Materials: CBS; Concrete Block - With Stucco; Stucco
Cooling: Central Air; Zoned
Listing Terms: Cash; Conventional
Lot Features: Landscaped; Sidewalks
Other Equipment: Negotiable
Road Frontage Type: City Street; East of US-1
Traffic Type: Auto; Pedestrian; Heavy
Road Responsibility: Public Maintained Road
Road Surface Type: Asphalt
Roof: Flat
Security Features: Fire Alarm; Fire Sprinkler System; Security System Owned; Smoke Detector(s)
Sewer: Public Sewer
Structure Type: Mixed Use
Utilities: Electricity Connected; Sewer Available; Water Available
Water Source: Public
Showing Requirements: Call Listing Agent; Text Listing Agent
Listing Office:
Sotheby's Intl. Realty, Inc.
Last Updated: March - 20 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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