74 NE 4th Ave
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74 NE 4th Ave
5,935 SF 100% Leased Office Building Delray Beach, FL 33483 $3,850,000 ($649/SF)
Investment Highlights
- Single-story office building in the heart of Delray Beach's Central Business District: unparalleled accessibility and visibility.
- Near vibrant local attractions, this Walker's Paradise allows for easy networking and collaboration within the Delray Beach business district.
Executive Summary
Situated in the heart of downtown East Delray Beach, just one block from the bustling Atlantic Avenue, this single-story office building boasts a modern design that enhances its appeal in a vibrant urban setting. 74 NE 4th Ave is an ideal location for businesses looking to thrive in a dynamic environment. The property features a common area courtyard, providing a pleasant outdoor space for relaxation and informal meetings.
Security is a priority with a gated lot equipped with a comprehensive security system, ensuring peace of mind for tenants and visitors alike. The building offers 16 dedicated surface-level parking spaces, facilitating easy access for employees and clients. Inside, there are four individual office suites, each designed with open floor plans that promote collaboration and creativity. Each suite is fully appointed with kitchens and includes multiple restrooms, catering to the needs of modern businesses. This property is not only functional but also strategically located, making it a prime investment opportunity in a thriving area.
Security is a priority with a gated lot equipped with a comprehensive security system, ensuring peace of mind for tenants and visitors alike. The building offers 16 dedicated surface-level parking spaces, facilitating easy access for employees and clients. Inside, there are four individual office suites, each designed with open floor plans that promote collaboration and creativity. Each suite is fully appointed with kitchens and includes multiple restrooms, catering to the needs of modern businesses. This property is not only functional but also strategically located, making it a prime investment opportunity in a thriving area.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Office
Property Subtype
Office/Residential
Building Size
5,935 SF
Building Class
B
Year Built
1976
Price
$3,850,000
Price Per SF
$649
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,935 SF
Slab To Slab
10’
Building FAR
0.50
Land Acres
0.27 AC
Zoning
CBD - Central Business District
Parking
16 Spaces (2.7 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Controlled Access
- Courtyard
- Fenced Lot
- Security System
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 1st Fl-Ste Bay 1 - 2
- 2,704 SF
- Office
- Full Build-Out
- Jan 2025
- 1st Fl-Ste Bay 3
- 875 SF
- Office
- Full Build-Out
- 30 Days
- 1st Fl-Ste Bay 4
- 1,040 SF
- Office
- Full Build-Out
- 30 Days
- 1st Fl-Ste Bay 5
- 1,200 SF
- Office
- Full Build-Out
- 30 Days
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste Bay 1 - 2 | 2,704 SF | Office | Full Build-Out | Jan 2025 |
| 1st Fl-Ste Bay 3 | 875 SF | Office | Full Build-Out | 30 Days |
| 1st Fl-Ste Bay 4 | 1,040 SF | Office | Full Build-Out | 30 Days |
| 1st Fl-Ste Bay 5 | 1,200 SF | Office | Full Build-Out | 30 Days |
1st Fl-Ste Bay 1 - 2
| Size |
| 2,704 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Jan 2025 |
1st Fl-Ste Bay 3
| Size |
| 875 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1st Fl-Ste Bay 4
| Size |
| 1,040 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1st Fl-Ste Bay 5
| Size |
| 1,200 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
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Walk Score ®
Walker's Paradise (90)
PROPERTY TAXES
| Parcel Number | 12-43-46-16-01-092-0200 | Improvements Assessment | $1,166,965 |
| Land Assessment | $1,455,293 | Total Assessment | $2,270,429 |
PROPERTY TAXES
Parcel Number
12-43-46-16-01-092-0200
Land Assessment
$1,455,293
Improvements Assessment
$1,166,965
Total Assessment
$2,270,429
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Amy McDonald - The Lancore Group
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74 NE 4th Ave
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