$8,800,000
Delray Beach, FL 33483
MLS# RX-11088139
3 baths | 6011 sqft
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Property Description
306 NE 2nd St (Santa Fe Suites) consists of a 2 story 6,000 sf free standing building on a 13,000 sf corner lot with 14 parking spaces, and a 24,000 sf parking lot with 48 surface parking spaces. 22 commercial/retail suites currently rented out to individual businesses, the majority being in the cosmetology field. Built in 1948, fully renovated in 2007, this building enjoys high daily traffic counts. Located at the corner of NE 2nd St and NE 4th Ave, just 2 blocks North of vibrant downtown Delray Beach's Atlantic Avenue, and just 1 block West of South bound Federal Highway. Fully entitled redevelopment project 4 story 23 residential units & 2600 sf retail space - site plan approved by City of Delray Beach in July 2025.
Details
Contract Information
Status: Active
Original List Price: 8800000
Auction: No
List Price: $8,800,000
Current Price: $8,800,000
List Price/Bldg SqFt: 1463.98
Listing Date: 2025-05-06
Negotiable Seller Concessions YN: Yes
General Property Description
Type: Retail
For Sale: Yes
For Lease: No
Property Desc: DELRAY TOWN OF
Subdivision: DELRAY TOWN OF
Year Built: 1948
Built Desc: Resale
SqFt - Living: 6011
SqFt Source: Floor Plan
# of Stories: 2
Total Units: 22
Baths - Total: 3
Acres: 0.86
% Air Conditioned: 100
Waterfront: No
Location Tax Legal
Area: 4460
County: Palm Beach
Parcel ID: 12434616010900250
Street #: 306
Street Dir: NE
Street Name: 2nd
Street Suffix: Street
Zip Code: 33483
Legal Desc: DELRAY TOWN OF 50 FT STRIP LYG ELY OF & ADJ TO FEC RY CO R/W (LESS NLY 138.54 FT) BLK 90 & N 100 FT LYG BET FEC RY CO &
Geo Lat: 26.465037
Geo Lon: -80.069494
Building Info
# of Offices: 22
Property Features
Use: Income; Professional Office
Type of Building: Commercial; Income; Office Space
Sale Includes: Building and Land
Avail Docs: Appraisal; Previous Title; Survey
Avail Info: Books & Records; Deed; Existing Survey
Flooring: Tile; Laminate
Cooling: Central
Heating: Central
Fire Protect: Smoke Alarm; Smoke Detector; Sprinkler
Tenant Pays: None
Utilities: Electric; Public Water; Water Available
Roof: Tar/Gravel
Terms Considered: Cash
Lease: None
Possession: At Closing
Listing Office: Van Arnem Properties Inc.
Last Updated: August - 18 - 2025
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