3945 W Atlantic Ave Avenue, Delray Beach, FL 33445 (MLS# R10863639)

3945 W Atlantic Ave Avenue, Delray Beach, FL 33445

$4,100,000
Property Type: Commercial Sale Status: Closed
Current Price: $4,100,000 List Date: 2/03/2023 Last Modified: 1/13/2026

Overview

Description

Single tenant office building offering with potential for an owner user type and or for an investment after the lease expires Located in Palm Beach County, FL core suburban submarket - Delray Beach Current tenant has eight (8) months remaining on the lease, will vacate in November 2022 Recent capital improvements completed which include updating the parking lot and repainting the building Property is zoned POC- Planned Office Center, uses include medical office and business office which are among some of the many uses 14,132 SF of office space situated on 2.05 acres of land Strong demographics - the average population size is 222,513 & the average household income is $103,021 all within a 5-mile radius.

Listing Details MLS# R10863639

General Property Information

Property Sub Type
Office
Number Of Units Total
Yes
Building Area Source
Public Records
Year Built
1988
Lot Size Area
116740.8
Lot Size Acres
2.68
Stories
Yes

Property Features

Business Type: Retail Flooring: Tile Heating: Central Building Possession: Close Of Escrow Sale Includes: Building; Land Cooling: Central Building Listing Terms: Cash; Conventional Roof: Flat Security Features: Fire Alarm Structure Type: Office Utilities: Other Showing Requirements: Appointment Only Contingencies: None

Contract Information

Comp Sale YN
No
Listing Contract Date
2023-01-31
Original List Price
6900000

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
3945
Street Direction Prefix
W
Street Name
Atlantic Ave
Street Suffix
Avenue
City Name
Delray Beach
State Or Province
FL
Postal Code
33445
Area
4630
Geographic Area
PB09
Parcel Number
12434618330020000
Zoning
POC
Directions
I-95 TO Atlantic Ave Head West
Property Description
COMMONS PAR 2

Financial Information

Tax Annual Amount
59642
Tax Year
2022
Tax Legal Description
COMMONS PAR 2

Status Change Information

Major Change Timestamp
2023-02-07T15:53:06Z
Major Change Type
Status Change
Status Change Date
2023-02-07
Under Contract Date
2023-01-31
Close Date
2023-01-31
Close Price
4100000
Buyer Financing
Conventional

More Information

Building and Property Details

# Of Toilets
6
% Air Conditioned
100
Maximum Ceiling Height
9

Price Calculations

Original List Price To Close Price
1.68

Originating Details

Originating System Key
20230203220857832683000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Flooring

Tile
Yes

Structure Type

Office
Yes

Possession

Close Of Escrow
Yes

Utilities

Other
Yes

Business Type

Retail
Yes

Heating

Central Building
Yes

Sale Includes

Building
Yes
Land
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Flat
Yes

Security Features

Fire Alarm
Yes

Cooling

Central Building
Yes

Showing Requirements

Appointment Only
Yes

Contingencies

None
Yes
Listing Office: Non Member Listing Office
IDX
Last Updated: January - 13 - 2026
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