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524 W Atlantic Avenue Delray Beach, FL $ 1,100,000
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$ 1,100,000 Get more info
524 W Atlantic Avenue
$ 1,100,000
Back to search
Share Save

524 W Atlantic Avenue

Delray Beach, FL, 33444
$ 1,100,000
Baths2.0 Sq 1,280

Monthly Estimate*

$ 7,311

524 W Atlantic Avenue, Delray Beach, FL 33444 - Image 1
524 W Atlantic Avenue, Delray Beach, FL 33444 - Image 2
524 W Atlantic Avenue, Delray Beach, FL 33444 - Image 3
524 W Atlantic Avenue, Delray Beach, FL 33444 - Image 4
524 W Atlantic Avenue, Delray Beach, FL 33444 - Image 5
524 W Atlantic Avenue, Delray Beach, FL 33444 - Image 6
524 W Atlantic Avenue, Delray Beach, FL 33444 - Image 7
524 W Atlantic Avenue, Delray Beach, FL 33444 - Image 8
524 W Atlantic Avenue, Delray Beach, FL 33444 - Image 9
524 W Atlantic Avenue, Delray Beach, FL 33444 - Image 10
524 W Atlantic Avenue, Delray Beach, FL 33444 - Image 11
Studio

Commercial Property for sale in Delray Beach, FL

for $1,100,000 with 2 full baths. This 1,280 square foot building was built in 1956.

This property is being sold vacant and the rents illustrated are conservative net leased rents of $55 per square foot triple net. The rents are only being calculated on the under air space, but the property does offer a fenced in backyard as well. The current use of a free-standing bar is very coveted in Delray Beach as it provides a 750 foot radius restriction from another bar entering the market. Bars get some of the highest rents in the market based on the high margins on alcohol and the ability to operate on a lower overhead with reduced costs on overhead and costs associated with food. This asset is located on Atlantic Avenue East of I-95 and just west of Swinton Avenue.

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Commercial Pending

Price

$ 1,100,000

Bedrooms

Studio

Full Bath

2

Property Type

Commercial

Taxes

$ 4,105

Style

Retail

Year Built

1956

Town/City

Delray Beach

County/Region

Palm Beach

MLS | Web ID

RX10338648
Features
General
Construction CBS
Heating Central
Cooling Central
Utilities Electric Public Sewer Public Water
Possession At Closing
Roof Other
Zoning CBD(ci
Status Pending
Year Built 1956
Subdivision DELRAY TOWN OF
Stories 1.0
Type Industrial
Property Type E
Area 4470
Auction No
Tax Year 2016
Terms Considered Cash Conventional Other
Use Retail
Geo Area PB06
Legal Description TOWN OF DELRAY E 50 FT OF W 175 FT OF S 90 FT OF N 110 FT BLK 21
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Exterior
Waterfront No
Lot Size 0.10
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Interior
Flooring Tile
Total Number of Units 1
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Internal Only
OriginalMLSID RX-10338648
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* Excluded Features
List By
Todd Wilson

Listing Agent

Atlantic One Realty Group Llc

Broker

toddmwilsonpa@comcast.net

Email

Affordability Calculator

$7,653
Per Month
96%
4%
0%
Monthly Principal & Interest
$7,311
Monthly Property Taxes
$342
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
368239 Elementary School
368240 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
5/31/2017$1,100,000 Listed Price

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524 W Atlantic Avenue, Delray Beach, FL, 33444 is a Commercial Property for sale at $1,100,000 with 1,280 sqft. 524 W Atlantic Avenue is a studio with 2.0 baths and was built in 1956. The property's zip code is 33444 which is in Delray Beach, FL

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