Nikki Trombley - Arterra Realty Logo
$1,100,000
( $859.38Per Sq Foot )
 $5,905 est/mo Sourced by Back At You

524 W Atlantic Avenue,Delray Beach, FL 33444

Delray Beach, FL 33444

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Description

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. This corridor will be seeing a lot of big investment and transformation in the next few years with a new grocery store going in on the next block west of this property and much more new development planned for this specific corridor called The Set. Features include: Stand Alone Bar Zoning- 750 foot radius use restriction, Frontage on Atlantic Avenue, Adjacent to City Ampitheatre, High Barrier to Entry Use in this Market, New Grocery Store Being Developed Directly to the West and Bite-size Commercial Deal in a Hot Area.

Details

MLS #R10338648
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusPending
Year1956
Days On Site3405
Listing Provided ByAtlantic One Realty Group LLC | Todd M. Wilson

Features

Bath(s)2
SQ Feet1,280
Story(s)1
Units1
ZoningCBD(ci
Acreage0.10

Taxes

Tax Annual Amount4105.57

Area Information

StateFL
CountyPalm Beach
CityDelray Beach
Zip Code33444
Area4470
SubareaPB06
Listing VS Median (in 33444)
Price:
$1,100,000
low | high
Med:
$16,000
100% of Average
sqft:
1,280
low | high
Med:
2,513
46.328125% of Average
$ / sqft:
$859
low | high
Med:
$6
100% of Average
On site:
3405
low | high
Med:
190
100% of Average
Sourced by Back At You

Market Activity 33444

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Learn More About This Property

Nikki Trombley

Nikki Trombley

Arterra

 (586) 255-1223salesbynikki@gmail.com
StateFL
CountyPalm Beach
CityDelray Beach
Zip Code33444
Area4470
SubareaPB06
Listing VS Median (in 33444)
Price:
$1,100,000
low | high
Med:
$16,000
100% of Average
sqft:
1,280
low | high
Med:
2,513
46.328125% of Average
$ / sqft:
$859
low | high
Med:
$6
100% of Average
On site:
3405
low | high
Med:
190
100% of Average
Sourced by Back At You
Listing Updated: September 20, 2026 at 12:44:50 PM PDT