Retail For Sale

306 NE 2nd Street, Delray Beach, FL 33483

$8,800,000
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.

Basic Details
Listing Type : For Sale
Price : $8,800,000
Property Sub Type : Retail
Features
: Central Air
Central
Laminate, Tile
Fire Sprinkler System,Smoke Detector(s)
Tar/Gravel
Location
US
FL
Palm Beach
Delray Beach
33483
4460
306 Ne 2nd Street, Delray Beach, Florida 33483
Extended Details
Virtual Tour URL
DELRAY TOWN OF
05.06.2025
Cash
Electricity Available,Water Available
CBD-RC
2024
Close Of Escrow
$0
Van Arnem Properties Inc.
Tammy Springer
Two
Active
2025-05-06
2025-05-06T00:00:00Z
2
57122.0
https://www.propertypanorama.com/306-NE-2nd-Street-Delray-Beach-FL-33483/unbranded
Public
FTL
Property TypeRetail
StatusActive
Listing IDR11088139
Year Built1948
Mortgage Calculator
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Realtyna

Nadereh (Nana) Rezaie, P.A.  Broker Associate, Certified Luxury Home Marketing Specialist™ GUILD™

Nana Rezaie 561-660-1948

Office: 561-660-1948 1400 Corporate Center Way, Second Floor, Wellington, FL 33414 Each office independently owned and operated 561-472-1236 .

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