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$8,500,000
New Listing

1200 E Atlantic Ave
Delray Beach, FL 33483

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
6,703
SqFt
$1,268
/SqFt
1951
Built
County:
Palm Beach
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Fully leased, income-producing mixed-use building on East Atlantic Avenue, on the beach block in Delray Beach. Two-story building of about 6,703 SF per Palm Beach County on 9,977 SF of CBD-zoned land with about 90 feet of frontage on East Atlantic Avenue. Ten units: six retail, one office and three apartments, 100% leased per the current rent roll. Current NOI $317,134 (about 3.7% cap rate at asking price); 2027 projected NOI $338,734 (about 4.0% cap). 10 parking spaces. Hold for income and appreciation, or redevelop using the existing architectural concept for five retail spaces and five luxury condominiums, subject to City approvals. Rent roll and financials available with the offering memorandum. Contact listing agent for Offering Memorandum.

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Listing Snapshot
Price 
$8,500,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
6,703 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.229 Acres
Year Built 
1951
MLS Number 
A12114966
Status 
Active
Property Tax 
$107,585
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
17 hours agoListing first seen on site
17 hours agoListing updated with changes from the MLS
General Features
Acres 
0.229
Levels 
Two
Parking Spaces 
10
Property Sub Type 
Mixed Use
SqFt Total 
6703
Zoning 
CBD
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Community Features
MLS Area 
4220
Listing courtesy of Apollo Investment & Real Estat

The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2026, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is 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. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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