502-506 E Atlantic Avenue, Delray Beach, FL 33483 - Homes for Sale in Eastpointe - Palm Beach Gardens, FL

502-506 E Atlantic Avenue, Delray Beach, FL 33483 (MLS# RX-10061612)


$6,495,000
502-506 E Atlantic Avenue
Delray Beach, FL 33483
MLS# RX-10061612
Status: Closed
4 baths  |  11638 sqft


502-506 E Atlantic Avenue, Delray Beach, FL 33483
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502-506 E Atlantic Avenue, Delray Beach, FL 33483 502-506 E Atlantic Avenue, Delray Beach, FL 33483 502-506 E Atlantic Avenue, Delray Beach, FL 33483 502-506 E Atlantic Avenue, Delray Beach, FL 33483 502-506 E Atlantic Avenue, Delray Beach, FL 33483 502-506 E Atlantic Avenue, Delray Beach, FL 33483 502-506 E Atlantic Avenue, Delray Beach, FL 33483 502-506 E Atlantic Avenue, Delray Beach, FL 33483 502-506 E Atlantic Avenue, Delray Beach, FL 33483 502-506 E Atlantic Avenue, Delray Beach, FL 33483 502-506 E Atlantic Avenue, Delray Beach, FL 33483 502-506 E Atlantic Avenue, Delray Beach, FL 33483 502-506 E Atlantic Avenue, Delray Beach, FL 33483 502-506 E Atlantic Avenue, Delray Beach, FL 33483 502-506 E Atlantic Avenue, Delray Beach, FL 33483 502-506 E Atlantic Avenue, Delray Beach, FL 33483 502-506 E Atlantic Avenue, Delray Beach, FL 33483 502-506 E Atlantic Avenue, Delray Beach, FL 33483 502-506 E Atlantic Avenue, Delray Beach, FL 33483 502-506 E Atlantic Avenue, Delray Beach, FL 33483 502-506 E Atlantic Avenue, Delray Beach, FL 33483 502-506 E Atlantic Avenue, Delray Beach, FL 33483 502-506 E Atlantic Avenue, Delray Beach, FL 33483 502-506 E Atlantic Avenue, Delray Beach, FL 33483 502-506 E Atlantic Avenue, Delray Beach, FL 33483

Property Description
Landmark Building in Downtown Delray Beach, Florida, Complete Renovation in 2013, First Floor Tenants – Starbucks Coffee, Delicatessen, Retail Shopping, Second Floor Tenants - Executive Office Suites, Virtual Offices, Conference Center, Located in the Center of New Development on Atlantic Avenue between the new iPic Entertainment Luxury Movie Theater and the new Atlantic Crossings Development

Details
Documents
Contract Information
Status: Closed
Original List Price: 6695000
Sold Price: $6,250,000
Current Price: $6,250,000
List Price/Bldg SqFt: 558.08
Listing Date: 2014-08-02
General Property Description
For Sale: Yes
For Lease: Yes
Property Desc: Starbucks, Retail
Subdivision: Downtown Delray Beach Atlantic Avenue and US1
Year Built: 2013
SqFt - Living: 11638
SqFt Source: Appraisal
# of Stories: 2
Total Units: 4
Baths - Total: 4
Acres: 0.16
% Air Conditioned: 100
Waterfront: No
Location Tax Legal
Area: 4360
County: Palm Beach
Parcel ID: 12434616g60000010
Street #: 502-506
Street Dir: E
Street Name: Atlantic
Street Suffix: Avenue
Zip Code: 33483
Legal Desc: ANTIQUE EXPERIENCE LT 1
Geo Lat: 26.461438
Geo Lon: -80.067821
Status Change Info
Under Contract Date: 2015-04-27
Sold Date: 2015-04-27
Sold Price: $6,250,000
Terms of Sale: Cash
Sold Price/Bldg SqFt: 537.03
Property Features
Use: Mixed; Professional Office; Retail
Type of Building: Free Standing; Income; Mall Enclosed; Office Space; Office/Professional; Office/Retail; Restaurant; Retail
Construction: CBS
Location: Beach Area; Central Business Dst
Sale Includes: Building and Land; Equipment; Fixtures; Furniture; Signs
Avail Docs: Abstract
Avail Info: Books & Records; Copies of Lease; Full Financials; Investment Analysis; Owner managed
Miscellaneous 1: Coffee shop; Computer Wired; Elevator; Lounge
Miscellaneous 2: Meeting Room; Office; Private Restroom; Public Restroom; Rear Access; Reception Area; Restaurant; Traffic Heavy
Flooring: Carpet; Concrete; Tile; Wood Floor
Cooling: Central Individual; Electric; Zoned
Heating: Central Individual; Electric; Zoned
Fire Protect: Smoke Alarm; Sprinkler
Special Info: Corporate Owned
Tenant Pays: Cable; Common Area Maint.; Electric; Insurance
Utilities: Municipal Water; Separate Meter
Security: Fence; Lobby
Maintenance Fee Incl: Insurance-Bldg; Janitor; Maintenance-Exterior; Management Fees; Trash Removal
Roof: Aluminum; Barrel; Metal
Terms Considered: Cash; Exchange
Lease: Annual; Long Term; Triple Net
Possession: At Closing

Listing Office: Nestler Poletto Sotheby's International Realty

Last Updated: November - 13 - 2018

502-506 E Atlantic Avenue, Delray Beach, FL 33483 - MLS# RX-10061612

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