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2,000 SF Retail For Sale — $6,650,000 — 707 N Federal Hwy, Delray Beach

📍 707 N Federal Hwy · Entire Property · Delray Beach, FL 33483
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Quick Unit Specs
2,000 SF Sq Ft
Auto / Service Type
Available Status
For Sale Listing Type
Lease Rate
Monthly Rate
Lease Terms
Lease Type
$6,650,000 Asking Price
$3,325.00 Price / SF
2.78% Cap Rate
$185,000 NOI
Condition
Power
HVAC
120 spaces Estimated Parking
Yard
Building Specifications
CityDelray Beach, FL
ZIP Code33483
ZoningCBD ›
Year Built1960
Gross Leasable Area2,000 SF
Total Building SF2,044 SF
Land Area31,002 SF
Frontage210’ on N Federal Hwy 210’ on N Federal Hwy 148’ on NE 7th St 210’ on N Federal Hwy
Cross StreetsNE 6th Ave
Lot Size0.83 AC
Parking (building)120 Spaces
ConstructionSTUCCO ON MASON
Parking Ratio60/1,000 SF
Floor Area Ratio0.066
AmenitiesBus Line; Corner Lot; Pylon Sign; Signage; Storage Space; Monument Signage; Air Conditioning; Smoke Detector
Walk Score60/100
Building Description
Executive Summary
Ideal for townhouses/retail.
Investment Highlights
Investment Highlights Close to Atlantic Ave on Delray Beach
Approved Uses
Allowed by right
Clothing / apparel boutique, Shoe store, Jewelry store, Home decor / furniture / interior design showroom, Art gallery, Bookstore, Gift shop / souvenir shop, Florist, Specialty grocery / gourmet market, Bakery / patisserie (retail), Ice cream, gelato or frozen yogurt shop, Coffee shop / espresso bar / coffee roaster with retail, Full-service sit-down restaurant, Fast-casual restaurant / counter-service eatery (no drive-thru), Juice / smoothie / acai bar, Wine bar / cocktail lounge, Hair salon / barbershop, Nail salon, Day spa / massage establishment, Med spa / aesthetics clinic, Dry cleaner / tailor / alterations (drop-off), Shoe repair, Pet grooming, Law office, Accounting / CPA / tax office, Real estate brokerage office, Insurance agency, Architecture, engineering or design firm, Marketing / advertising / tech / software office, Co-working / shared office space, Title company / mortgage office, Bank or credit union branch (no drive-through), Dentist / orthodontist office, Physician / physical therapy / chiropractic office, Dermatology or plastic surgery practice, Optometrist / optical shop, Pharmacy / drugstore, Yoga studio, Pilates or barre studio, Boutique fitness gym / CrossFit box, Personal training studio, Jiu-jitsu, karate or martial arts dojo, Dance studio, Music school / art school / tutoring center, Cooking school / demonstration kitchen, Museum or cultural center, Photography studio, Ceramics, glassblowing or pottery studio, Jewelry making / metalsmith workshop, Custom framing shop, Small-batch chocolate, coffee or specialty food production with retail, Hotel, Boutique hotel / residential-type inn, Multi-family apartments or condominiums (upper floors), Townhouses, Live/work unit (studio or shop with residence above), Public or private parking garage (Secondary Street use; must be lined on Primary Streets), Antique shop (verifiable antiques only), Bicycle shop / bike rental
With special approval
Brewpub or taproom with on-site brewing, Nightclub or live-music venue (Entertainment District hour limits apply), Bar open past midnight (24-hour or late-night business), Tattoo or permanent-makeup studio, Veterinary clinic (no outdoor kennels), Bank with drive-through lanes, CBD oil retail as accessory to a pharmacy, medical office or clinic (not on Required Retail Frontage; max 20% of tenant GFA; 8am-10pm), Live theater, cinema or performing arts venue, Screen printing or small sign / graphics shop, Bed and breakfast, Surface parking lot, Child care / preschool, Place of worship or assembly, Car wash or auto detailing (interior, one enclosed wash bay; no repair or fueling on site), Gasoline station, Sporting goods and equipment rental (limits per 4.4.13(C)(4)(c)), Consignment / secondhand or thrift store (prohibited on Required Retail Streets and in West Atlantic Neighborhood), Firearms or auto-parts retail (prohibited on Required Retail Streets and in West Atlantic Neighborhood), Contractor office with limited storage/workshop (no self-storage; 55-gallon cap)
Read the full CBD zoning guide ›
Trade-area demographics
Population
2,034
Households
1,091
Median income
$79,985
Median home value
$598,200
Trade area (1 / 3 / 5 mi)
1 mi3 mi5 mi
Population8,49764,208177,140
Households4,06228,34479,812
Avg income$168,170$117,110$107,693
Household income (purchasing power)
< $50k0%
$50–100k0%
$100–150k0%
$150k+0%
Traffic count (frontage)
25,500 cars/day (AADT)

Neighborhood Demographics · Census Tract 006401

Figures for the census tract this property sits in — the immediate surrounding neighborhood (roughly ½–2 sq. mi). For distance‑based totals, see the 1 / 3 / 5‑mile rings below.
2,034
Population
$79,985
Median Household Income
55
Median Age
1,091
Households
$598,200
Median Home Value
Household Income of 1,091 households
<$50k362 33%
$50–100k313 29%
$100–150k126 12%
$150k+290 27%
Age of 2,034 residents
Under 18135 7%
18–34479 24%
35–54391 19%
55–64506 25%
65+523 26%

Trade-Area Rings · Distance from Property

Everyone living within a straight‑line radius of the property — the classic retail trade area. Each ring is cumulative (the 3‑mile total includes the 1‑mile).
1 Mile
8,497
population
4,062 households
$168,170 avg income
3 Miles
64,208
population
28,344 households
$117,110 avg income
5 Miles
177,140
population
79,812 households
$107,693 avg income

Frontage Traffic vs. Palm Beach County's Busiest Roads

This property fronts N Federal Hwy. Below, its measured daily traffic (FDOT count) is compared to five of the county's busiest roads — I‑95, Florida Turnpike, Okeechobee Blvd, US‑1/Federal Hwy, and Military Trail (approximate peak AADT) — to show how much exposure the location gets.
25,500vehicles / day on N Federal Hwy (AADT)
I‑95 (interstate) 255,000
Florida Turnpike 95,000
Okeechobee Blvd 62,000
US‑1 / Federal Hwy 46,000
Military Trail 40,000
◆ N Federal Hwy 25,500
This frontage carries about 10% of I‑95's volume — solid commercial‑corridor traffic. County roads shown are approximate peak AADT.
FDOT count stations on N Federal Hwy
25,500 AADT between US-1/SR-5 (2025)
24,500 AADT between CONGRESS AVE and NE 7 AVE (2025)
15,600 AADT between SR-806/ ATLANTIC AVE and NE 5 AVE (2025)
13,000 AADT (2025)
Risk & Incentives
🌊 Flood Zone X · minimal ✓ Not in Flood Hazard Not an Opportunity Zone
Proximity
✈ Airports
Palm Beach Intl (PBI) 17.9 mi 28 min drive
Ft. Lauderdale (FLL) 33.3 mi 45 min drive
Miami Intl (MIA) 48.7 mi
⚓ Seaports
Port of Palm Beach 20.6 mi
Port Everglades 26.4 mi
PortMiami 48.5 mi
Appraiser Data
Parcel Control No.12434609320000120
DOR Use Code2700 — AUTO DEALER/F-S
MunicipalityDelray Beach
Assessed Value$1,269,974
Land Value$1,131,837
Improvement Value$123,140
Legal Description
MC GINLEY & GOSMANS SUB
Sale History
Sale 1$10 · 12/1999
Source: Palm Beach County Appraiser Records
Asking Price
$6,650,000
Extended Unit Specifications
Suite Entire Property
Available Now
Clear Height
Drive-In Bays
Dock-High Bays
Office SF
Restrooms
Parking Ratio 60.00
Op. Expenses
Request Information
Listing Courtesy of 600 North Ltd
CT
Craig Taylor
600 North Ltd