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$8,500,000
Lot Size: 9,583 sqft

1200 E Atlantic Avenue, Delray Beach, FL 33483

For Sale On ZeroDown for 9 days
MLS Status: Active

Location, Location, Location. This income producing property with outstanding development opportunity is one block from the ocean / ocean drive aka A1A. Collect income from existing Tenants or develop with multi-story condo project which will produce amazing ocean views for the condo owners and incredible foot traffic for the ground floor retail Tenants.

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$37,004 /month See breakdown
20% down, 30 year mortgage, 5.286% APR
All About The Home

Property Details for 1200 E Atlantic Avenue

Home Highlights
Price/Sqft.:
$887/sqft
Time on ZeroDown:
9 days
Heating/Cooling:
Other, Other
Property Facts
Status
Active
Property Type
MixedUse, CommercialSale
Community
OCEAN PARK DELRAY
Year Built
1951
MLS #
R10859067
Style
Miscellaneous, Mixed Use, Commercial Sale
Time On ZeroDown
9 days
Lot Size
9,583 sq ft.
Interior Features

Heating & Cooling Information

Heating:
Other
Cooling:
Other

Interior Features

Flooring:
Other
See 20+ more property details
Listed by: Christopher Nicotra
Brokerage: Apollo Investment & Real Estate Holdings LLC
MLS#: R10859067
Source: BeachesMLS
Details provided by BeachesMLS and may not match the public record.

Location

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Financials

Market Comparison

There aren't too many bidding wars right now in 33483, with homes selling 4% below asking price over the last three months.

Can I rent this place out?

How much rent can I earn on this place? What's the rental earnings potential? Learn more about the rental earnings potential for this area.
Home History
Around The Neighborhood

How Are the Schools near 1200 E Atlantic Avenue?

33483 public schools nearby are not great, ranking below the Greater Miami region average.

Can I raise a family near 1200 E Atlantic Avenue?

33483 has a neighborly feel with 70% of homes owner-occupied and an average household size of 2.0 members.

There are plenty of options for childcare for young families in 33483, including Children's Nest and St Vincent Ferrer School. Proximity to urgent care centers such as Visiting Angels, Gold Coast Medical Center, and Doctor Stat Urgent Care is also a plus.

What's nearby 1200 E Atlantic Avenue?

Instacart grocery delivery is available in 33483 from 23 stores including Publix, Costco, ALDI, BJ's Wholesale Club, and CVS Pharmacy®.

Dessert shops like FY & I Frozen Yogurt And Ice Cream, Publix, and BurgerFi are great options in 33483 for satisfying your sweet tooth.

You can get takeout tacos from Tijuana Flats or BurgerFi or burgers from The Office or Beer Trade Co. in 33483. If you'd rather sit down, check out Dairy & Food Market Analyst, Florida Kidney Physicians, or The Office.

What are my public transportation options near 1200 E Atlantic Avenue?

More than 72% of commuters drive to work alone in 33483.

33483 has a walk score of 72 and a bike score of 62. This neighborhood is walkable and most errands can be done on foot.

The closest freeway to 33483 is I-95.

Where Can I Charge My Electric Vehicle near 1200 E Atlantic Avenue?

There are 4 electric vehicle charging locations in 33483 with a total of 7 level 2 and 1 DC fast chargers .

Recently Sold Homes near 1200 E Atlantic Avenue

22 homes were sold in 33483 this month, which is 22% higher than last month and 60% lower than last year.

Quality of Life

Natural Hazards risk in Delray Beach

This home is in flood zone X which is low risk. Flood insurance is available for properties in this zone, but is not required.

Will I Like My Neighbors near 1200 E Atlantic Avenue?

This home is in a precinct that voted for Donald Trump in 2020, who took 52% of the 1691 votes cast.

33483 has a neighborly feel with 70% of homes owner-occupied and an average household size of 2.0 members.

94.9% of adults in 33483 have completed high school, which is 5.1% higher than the national average.

Who provides the best cell coverage near 1200 E Atlantic Avenue?

The best mobile coverage in 33483 is provided by AT&T with 118 cellular sites.

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