561502-506 E Atlantic Avenue, Delray Beach, FL 33483
$6,250,000
Property Type:
Commercial Sale
Square Footage:
11,638
Status:
Closed
Current Price:
$6,250,000
List Date:
8/02/2014
Last Modified:
1/13/2026
Description
Landmark Building in Downtown Delray Beach, Florida, Complete Renovation in 2013, First Floor Tenants – Starbucks Coffee, Delicatessen, Retail Shopping, Second Floor Tenants - Executive Office Suites, Virtual Offices, Conference Center, Located in the Center of New Development on Atlantic Avenue between the new iPic Entertainment Luxury Movie Theater and the new Atlantic Crossings Development
More Information MLS# R10061612
Contract Information
Comp Sale YN: No
Listing Date: 2014-08-02
Status: Closed
Original List Price: 6695000
Sold Price: $6,250,000
Current Price: $6,250,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Delray Beach
Postal Code: 33483
Geographic Area: PB06
Multiple Offers Accepted: Yes
Property Description: Starbucks, Retail
Street Number: 502-506
Street Direction Prefix: E
Street Name: Atlantic
Street Suffix: Avenue
State Or Province: FL
Area: 4360
Parcel Number: 12434616g60000010
Zoning: CENTRAL BUSINES
Directions: Southeast Corner of Atlantic Avenue and NE 5th Ave (US1)
General Property Information
Number Of Units Total: 4
Lot Size Area: 6969.6
Stories: 2
Building Area Main: 11638
Building Area Source: Appraiser
Year Built: 2013
Lot Size Acres: 0.16
Remarks and Miscellaneous
Public Historical Remarks: Building Type: Y, Miscellaneous: Y
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2015-05-04T20:53:34Z
Major Change Type: Status Change
Price Change Timestamp: 2014-09-09T21:17:35Z
Status Change Date: 2015-05-04
Under Contract Date: 2015-04-27
Close Date: 2015-04-27
Close Price: 6250000
Electric
Separate Meters: 1
Flooring
Carpet: 1
Concrete: 1
Tile: 1
Wood: 1
Documents Available
Books & Records: 1
Copy Of Lease(s): 1
Financial Statement: 1
Investment Analysis: 1
Owner Managed: 1
Photos: 1
Title/Abstracts: 1
Structure Type
Office: 1
Retail: 1
Tenant Pays
Cable TV: 1
Common Area Maintenance: 1
Electricity: 1
Insurance: 1
Maintenance: 1
Location of Property
Beach Access: 1
Central Business District: 1
City Location: 1
Possession
Close Of Escrow: 1
Special Information
Corporate Owned: 1
Building and Property Details
# Of Toilets: 4
% Air Conditioned: 100
Maximum Ceiling Height: 15
Building Features
Coffee Shop: 1
Elevator(s): 1
Free Standing: 1
Lounge: 1
Meeting Room(s): 1
Private Restroom(s): 1
Public Restroom(s): 1
Rear Access: 1
Reception Area: 1
Restaurant: 1
Wired for Computers: 1
Business Type
Professional/Office: 1
Retail: 1
Common Area Maintenance Includes
Exterior Maintenance: 1
Management Fees: 1
Outside Insurance: 1
Heating
Central Individual: 1
Electric: 1
Zoned: 1
Sale Includes
Building: 1
Fixtures: 1
Furniture: 1
Land: 1
Machinery: 1
Signs: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Trade: 1
Roof
Aluminum: 1
Barrel: 1
Metal: 1
Security Features
Fire Alarm: 1
Fire Sprinkler System: 1
Lobby - Attended: 1
Security Fence: 1
Water Source
Public: 1
Cooling
Central Individual: 1
Electric: 1
Zoned: 1
Showing Requirements
Call Listing Agent: 1
Listing Agent Must Accompany: 1
Traffic Type
Heavy: 1
Price Calculations
Current Price To SqFt: 537.03
Original List Price To Close Price: 1.07
Financial Information
Tax Annual Amount: 51807.04
Tax Year: 2013
Tax Legal Description: ANTIQUE EXPERIENCE LT 1
Originating Details
Originating System Key: 20140802200738606407000000
Originating System ID: M00000170
Property Features
Building Features: Coffee Shop; Elevator(s); Free Standing; Lounge; Meeting Room(s); Private Restroom(s); Public Restroom(s); Rear Access; Reception Area; Restaurant; Wired for Computers
Business Type: Professional/Office; Retail
Common Area Maintenance Includes: Exterior Maintenance; Management Fees; Outside Insurance
Documents Available: Books & Records; Copy Of Lease(s); Financial Statement; Investment Analysis; Owner Managed; Title/Abstracts
Electric: Separate Meters
Flooring: Carpet; Concrete; Tile; Wood
Heating: Central Individual; Electric; Zoned
Location of Property: Beach Access; Central Business District; City Location
Possession: Close Of Escrow
Sale Includes: Building; Fixtures; Furniture; Land; Machinery; Signs
Tenant Pays: Cable TV; Common Area Maintenance; Electricity; Insurance; Maintenance
Construction Materials: CBS
Cooling: Central Individual; Zoned
Listing Terms: Cash; Trade
Traffic Type: Heavy
Roof: Aluminum; Barrel; Metal
Security Features: Fire Alarm; Fire Sprinkler System; Lobby - Attended; Security Fence
Special Information: Corporate Owned
Structure Type: Office; Retail
Water Source: Public
Showing Requirements: Call Listing Agent; Listing Agent Must Accompany
12 Page Brochure ›
Listing Office:
Nestler Poletto Sotheby's International Realty
Last Updated: January - 13 - 2026
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