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306 NE 2nd Street, Delray Beach, FL 33483

$8,800,000
Property Type: Comm/Industry Baths: 3 Square Footage: 6,011 Status: Active
Current Price: $8,800,000 Last Modified: 8/18/2025

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.

More Information MLS# RX-11088139

Contract Information

Auction: No List Price/Bldg SqFt: 1463.98 Negotiable Seller Concessions YN: Yes Status: Active Original List Price: 8800000 List Price: $8,800,000 Current Price: $8,800,000 Listing Date: 2025-05-06

General Property Description

For Sale: Yes For Lease: No Property Desc: DELRAY TOWN OF Acres: 0.86 Built Desc: Resale Waterfront: No SqFt Source: Floor Plan # of Stories: 2 Total Units: 22 % Air Conditioned: 100 Type: Retail Subdivision: DELRAY TOWN OF Year Built: 1948 SqFt - Living: 6011 Baths - Total: 3

Location, Tax & Legal

Geo Area: PB06 Country: United States State/Province: FL Tax Year: 2024 Zoning: CBD-RC Real Estate Taxes: 57122.3 Multiple Ofrs Acptd: Yes 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

Office/Member Info

DXORIGMLNO: RX-11088139 DXORIGMLSID: RML

Building Info

# of Offices: 22

Type of Building

Commercial: 1 Income: 1 Office Space: 1

Sale Includes

Building and Land: 1

Avail Info

Books & Records: 1 Deed: 1 Existing Survey: 1

Avail Docs

Appraisal: 1 Previous Title: 1 Survey: 1

Cooling

Central: 1

Heating

Central: 1

Tenant Pays

None: 1

Use

Income: 1 Professional Office: 1

Flooring

Laminate: 1 Tile: 1

Utilities

Electric: 1 Public Water: 1 Water Available: 1

Fire Protect

Smoke Alarm: 1 Smoke Detector: 1 Sprinkler: 1

Roof

Tar/Gravel: 1

Terms Considered

Cash: 1

Possession

At Closing: 1

Lease

None: 1

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.
IDX
Last Updated: August - 18 - 2025
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