124 NE 5th Avenue, Delray Beach FL
$4,495,000 · $706 per sq ft · Mixed-Use for sale
- Property type: Mixed Use
- Asking price: $4,495,000
- Price per sq ft: $706
- Building size: 6,364 sq ft
- Lot size: 13,504 sq ft
- Zoning: CBD (city)
- Year built: 2018
- Stories: 1
- Buildings: 1
- Parking spaces: 15
- Parcel ID: 12434616010990180
- MLS#: B26004744
About this property
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.
Building Features and Utilities
- Electricity Connected
- Sewer Available
- Water Available
- Stucco
- CBS
- Concrete Block - With Stucco
Operating Statement
| Property taxes | $61,449/yr |
|---|
Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.
Presented by
BreakThru Realty · (786) 914-1017
Courtesy of
Sotheby's Intl. Realty, Inc. · palmbeachsupport@sotheby's.realty · Listing agent: Ellison Dobbs
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.
Request a tour or more information
Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 124 NE 5th Avenue or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.
Questions About 124 NE 5th Avenue
- How much is 124 NE 5th Avenue?
- 124 NE 5th Avenue is listed at $4,495,000, about $706 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
- What is 124 NE 5th Avenue zoned?
- The listing reports zoning of CBD (city). Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
- How big is 124 NE 5th Avenue?
- The listing reports 6,364 square feet of building.
- When was 124 NE 5th Avenue built?
- 124 NE 5th Avenue was built in 2018. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
- What are the property taxes on 124 NE 5th Avenue?
- The listing reports annual property taxes of $61,449 for 2025. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
- How do I tour 124 NE 5th Avenue?
- Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.
More Commercial Listings Nearby
- 235 SE 5th Avenue, Delray Beach · Mixed-Use for sale · $2,600,000 · 2,309 sq ft
- 355 NE 5th Avenue 0080, Delray Beach · Mixed-Use for sale · $13,895,000 · 12,077 sq ft
- 710 S Swinton Avenue, Delray Beach · Mixed-Use for sale · $3,900,000 · 5,957 sq ft
- 234 NE 4th Avenue, Delray Beach · Mixed-Use for sale · $3,800,000 · 3,050 sq ft
- 705 Bond Way, Delray Beach · Mixed-Use for sale · $2,249,000 · 2,970 sq ft
- 900 E Atlantic Avenue 22, Delray Beach · Mixed-Use for sale · $19,900,000 · 8,108 sq ft
- 230 George Bush Boulevard, Delray Beach · Mixed-Use for sale · $17,900,000 · 9,055 sq ft
- 226 Palm Court, Delray Beach · Mixed-Use for sale · $6,000,000 · 6,334 sq ft
See every commercial listing in Delray Beach or browse Florida commercial real estate.