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- Price$7,500,000
- Sq. Ft.6,703
- Acres0.22
- Built1951
1200 E Atlantic Avenue, Delray Beach
Exceptional Investment Opportunity for Builders and Developers. This prime mixed-use property generates income today, also promises substantial future appreciation. You have the choice to hold it for long-term gains or redevelop it into five unique retail spaces and five expansive, high-end condominiums. Architecture and renderings provided by Randall Stofft Architects.
Essential Information
- MLS® #RX-10902241
- Price$7,500,000
- Square Footage6,703
- Acres0.22
- Year Built1951
- TypeCommercial
- Sub-TypeIncome, Mixed
- StyleCommercial, Income, Office/Retail, Other, Retail
- StatusActive
Amenities
- Utilities3-Phase Electric, Public Sewer, Public Water, Separate Meter, Other
Exterior
- Lot DescriptionIncome / Development
- RoofOther
Listing Details
- Listing OfficeOcean Delray Real Estate
Community Information
- Address1200 E Atlantic Avenue
- Area4140
- SubdivisionOCEAN PARK DELRAY
- CityDelray Beach
- CountyPalm Beach
- StateFL
- Zip Code33483
Interior
- AppliancesBuilding and Land
- HeatingOther
- CoolingOther
- # of Stories2
Additional Information
- Date ListedJuly 6th, 2023
- Days on Market297
- ZoningCBD(ci
Price Change History for 1200 E Atlantic Avenue, Delray Beach, FL (MLS® #RX-10902241)
| Date | Details | Price | Change |
|---|---|---|---|
| Active | – | – | |
| Price Change | – | – | |
| Price Reduced | $7,500,000 | $1,000,000 (11.76%) | |
| Active | – | – | |
| Price Change | – | – | |
| Show More (2) | |||
| Price Reduced (from $9,250,000) | $8,500,000 | $750,000 (8.11%) | |
| Active (from New) | – | – | |
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2024 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed.
© 2024 Beaches Multiple Listing Service, Inc. All rights reserved.
Listing information last updated on April 28th, 2024 at 11:52am EDT.