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For Sale Available Listing #22081

10,800 SF Office For Sale — $4,800,000 — 235-245 NE 4th Ave, Delray Beach

235-245 NE 4th Ave · Entire Property · Delray Beach, FL 33483
10,800 SFAvailable space
OfficeProperty type
42Parking spaces
1969Year built
Quick Unit Specs
10,800 SF Sq Ft
Office Type
Available Status
For Sale Listing Type
— Lease Rate
— Monthly Rate
— Lease Terms
— Lease Type
$4,800,000 Asking Price
$444.44 Price / SF
3.3% Cap Rate
$158,166 NOI
— Condition
— Power
— HVAC
42 spaces Estimated Parking
— Yard
Location Map Click to explore · switch to satellite inside the map
Floor Plan
Floor plan not available yet Ask us and we'll get it to you as soon as it's available.
Building Description
Executive Summary
SIGNIFICANT PRICE IMPROVEMENT! Reduced to $4,800,000! Cash flowing 10,800 sq ft building with multiple tenants, located three blocks north of East Atlantic Ave. This property fronts on both Federal Highway (NE 5th Avenue) and NE 4th Ave, adjacent to new Hampton Inn Hotel. This property is well positioned within one mile of the Beach and one mile of I-95. The site contains two free standing buildings totaling 10,800 sf of multi-tenant office and retail use. This parcel also contains its own private parking lot with 42 parking spaces, fronting NE 5th Avenue, in addition there is ample street parking. Possible space available for owner user at closing or reposition with new tenants at current market, several short-term leases currently in place.
Building Specifications
CityDelray Beach, FL
ZIP Code33483
Year Built1969
Gross Leasable Area10,800 SF
Total Building SF10,800 SF
Land Area18,763 SF
Lot Size0.67 AC
Parking (building)42 Spaces
ConstructionSTUCCO ON MASON
Parking Ratio3.89/1,000 SF
Floor Area Ratio0.576
Percent Leased84%
AmenitiesOutdoor Seating; Air Conditioning; Backup Power / Generators
Walk Score70/100
Approved Uses by Zoning — Central Business District - Railroad Corridor Sub-district (CBD-RC)

Uses permitted by right under the municipality’s zoning for this district. The property may carry additional restrictions (deed, association or lease), so tenants are responsible for confirming their intended use with the municipality and landlord before committing.

Allowed by right
Light manufacturing / fabrication, Product assembly, Metal fabrication, Cabinet / millwork shop, Sign fabrication shop, Warehouse / storage, Wholesale distribution, Distribution facility, Contractor and trade services, General contractor shop / trade shop, Electrical contractor, Plumbing contractor, HVAC contractor, Automobile brokerage with enclosed vehicle display, Retail store (as GC district), Restaurant, Coffee shop, Bar / cocktail lounge, Business office, Professional office, Medical office, Barber shop, Beauty salon, Gym / fitness center, Art gallery, Print shop, Photography studio, Tattoo studio, Live/work unit, Apartment / multi-family dwelling, Hotel, Motel, Bed and breakfast inn, Assisted living facility, Nursing home, Public parking garage, Urban agriculture / community garden (not outdoor farm)
With special approval
Auto repair shop, Gas station, Car wash, Commissary kitchen / food preparation and processing, Dry-cleaning processing plant, Drive-through facility, Bowling alley, Skating rink, Movie theater, Veterinary clinic, Funeral home / crematory, Flea market, Child care center / daycare, Adult day care, Outdoor urban farm, 24-hour or late-night business within 300 ft of residential
Read the full CBD-RC zoning guide ›
Area demographics
Population
3,813
Households
1,819
Median income
$113,630
Median home value
$629,500
Trade area (1 / 3 / 5 mi)
1 mi3 mi5 mi
Population8,48570,428173,258
Households4,10530,32380,091
Avg income$176,628$120,150$110,038
Household income (purchasing power)
< $50k0%
$50–100k0%
$100–150k0%
$150k+0%
Traffic count (frontage)
29,500 cars/day (AADT)

Neighborhood Demographics · Census Tract 006502

Figures for the census tract this property sits in — the immediate surrounding neighborhood (roughly ½–2 sq. mi). For distance‑based totals, see the 1 / 3 / 5‑mile rings below.
3,813
Population
$113,630
Median Household Income
46
Median Age
1,819
Households
$629,500
Median Home Value
Household Income of 1,819 households
<$50k514 28%
$50–100k303 17%
$100–150k343 19%
$150k+659 36%
Age of 3,813 residents
Under 18278 7%
18–341,138 30%
35–541,057 28%
55–64645 17%
65+695 18%

Frontage Traffic vs. Palm Beach County's Busiest Roads

This property fronts NE 4th Ave. Below, its measured daily traffic (FDOT count) is compared to five of the county's busiest roads — I‑95, Florida Turnpike, Okeechobee Blvd, US‑1/Federal Hwy, and Military Trail (approximate peak AADT) — to show how much exposure the location gets.
29,500vehicles / day on NE 4th Ave (AADT)
I‑95 (interstate) 255,000
Florida Turnpike 95,000
Okeechobee Blvd 62,000
US‑1 / Federal Hwy 46,000
Military Trail 40,000
◆ NE 4th Ave 29,500
This frontage carries about 12% of I‑95's volume — solid commercial‑corridor traffic. County roads shown are approximate peak AADT.
FDOT count stations on NE 4th Ave
29,500 AADT between SW 11 AVE and SWINTON AVE (2025)
24,500 AADT between CONGRESS AVE and NE 7 AVE (2025)
15,600 AADT between SR-806/ ATLANTIC AVE and NE 5 AVE (2025)
14,000 AADT between SR-806/ATLANTIC AVE and US-1 / SR-5 (2025)
Risk & Incentives
🌊 Flood Zone X · minimal ✓ Not in Flood Hazard Not an Opportunity Zone
Street View Click to load · then drag to look around
Asking Price
$4,800,000
Listing Courtesy of Southdale Properties Inc
CB
Cecelia Boone
Southdale Properties Inc
Inquire about this property
Key highlights

Investment Highlights Hot Delray Beach Market 3 Blocks N. of Atlantic Avenue Currently 10,800 sf of Fully Leased Office fronting with its own private Parking Lot Build New and Increased Office Space on Southbound Federal with Parking Garage and Go up 4 Stories, ask to see plans Fronts on Both Southbound Federal Highway (5th Ave) and NE 4th Ave. Next…

  • 10,800 SF office space available
  • 42 parking spaces
  • Zoned CBD-RC
Extended Unit Specifications
Suite Entire Property
Available Now
Clear Height —
Drive-In Bays —
Dock-High Bays —
Office SF —
Restrooms —
Parking Ratio 3.89
Op. Expenses —
Appraiser Data
Parcel Control No.12434616470000180
Assessed Value$3,533,564
Land Value$2,419,685
Improvement Value$1,093,860
Legal Description
L R BENJAMINS SUB
Sale History
Sale 1$330,000 · 3/1998
Source: Palm Beach County Appraiser Records
Proximity
✈ Airports
Palm Beach Intl (PBI) 19.5 mi 28 min drive
Ft. Lauderdale (FLL) 32.7 mi 43 min drive
Miami Intl (MIA) 48.3 mi
⚓ Seaports
Port of Palm Beach 21.1 mi
Port Everglades 25.9 mi
PortMiami 48.0 mi