3945 W Atlantic Ave Avenue, Delray Beach, FL 33445
$4,100,000
Property Type:
Commercial Sale
Status:
Closed
Current Price:
$4,100,000
List Date:
2/03/2023
Last Modified:
4/23/2026
Description
Single tenant office building offering with potential for an owner user type and or for an investment after the lease expires
Located in Palm Beach County, FL core suburban submarket - Delray Beach
Current tenant has eight (8) months remaining on the lease, will vacate in November 2022
Recent capital improvements completed which include updating the parking lot and repainting the building
Property is zoned POC- Planned Office Center, uses include medical office and business office which are among some of the many uses
14,132 SF of office space situated on 2.05 acres of land
Strong demographics - the average population size is 222,513 & the average household income is $103,021 all within a 5-mile radius.
More Information MLS# R10863639
Contract Information
Comp Sale YN: No
Listing Date: 2023-01-31
Status: Closed
Original List Price: 6900000
Sold Price: $4,100,000
Current Price: $4,100,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Delray Beach
Postal Code: 33445
Geographic Area: PB09
Property Description: COMMONS PAR 2
Street Number: 3945
Street Direction Prefix: W
Street Name: Atlantic Ave
Street Suffix: Avenue
State Or Province: FL
Area: 4630
Parcel Number: 12434618330020000
Zoning: POC
Directions: I-95 TO Atlantic Ave Head West
General Property Information
Number Of Units Total: 1
Lot Size Area: 116740.8
Stories: 1
Property Sub Type: Office
Building Area Source: Public Records
Year Built: 1988
Lot Size Acres: 2.68
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Conventional
Major Change Timestamp: 2023-02-07T15:53:06Z
Major Change Type: Status Change
Status Change Date: 2023-02-07
Under Contract Date: 2023-01-31
Close Date: 2023-01-31
Close Price: 4100000
Flooring
Tile: 1
Structure Type
Office: 1
Possession
Close Of Escrow: 1
Utilities
Other: 1
Building and Property Details
# Of Toilets: 6
% Air Conditioned: 100
Maximum Ceiling Height: 9
Business Type
Retail: 1
Heating
Central Building: 1
Sale Includes
Building: 1
Land: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Flat: 1
Security Features
Fire Alarm: 1
Cooling
Central Building: 1
Showing Requirements
Appointment Only: 1
Contingencies
None: 1
Price Calculations
Original List Price To Close Price: 1.68
Financial Information
Tax Annual Amount: 59642
Tax Year: 2022
Tax Legal Description: COMMONS PAR 2
Originating Details
Originating System Key: 20230203220857832683000000
Originating System ID: M00000170
Property Features
Business Type: Retail
Flooring: Tile
Heating: Central Building
Possession: Close Of Escrow
Sale Includes: Building; Land
Cooling: Central Building
Listing Terms: Cash; Conventional
Roof: Flat
Security Features: Fire Alarm
Structure Type: Office
Utilities: Other
Showing Requirements: Appointment Only
Contingencies: None
Listing Office:
Non Member Listing Office
Last Updated: April - 23 - 2026
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