306 NE 2nd Street, Delray Beach, FL 33483
$7,400,000
Property Type:
Commercial Sale
Square Footage:
6,011
Lot Size (sq. ft.):
37,462
Status:
Active
Current Price:
$7,400,000
List Date:
5/06/2025
Last Modified:
3/04/2026
Overview
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.
Listing Details MLS# R11088139
General Property Information
- Property Sub Type
- Retail
- Building Area Main
- 6011
- Building Area Source
- Plans
- Year Built
- 1948
- Lot Size Area
- 37461.6
- Lot Size Acres
- 0.86
- Stories
- 2
Property Features
Business Type:
Commercial
Documents Available:
Appraisal; Books & Records; Deed; Existing Survey; Title/Abstracts
Electric:
Three Phase
Flooring:
Laminate; Tile
Heating:
Central
Possession:
Close Of Escrow
Property Condition:
Resale
Sale Includes:
Building; Land
Cooling:
Central Air
Listing Terms:
Cash
Roof:
Tar/Gravel
Security Features:
Fire Alarm; Fire Sprinkler System; Smoke Detector(s)
Structure Type:
Office
Utilities:
Water Available
Water Source:
Public
Showing Requirements:
24 Hour Notice
Contract Information
- Comp Sale YN
- No
- Listing Contract Date
- 2025-05-06
- Original List Price
- 8800000
- Negotiable Seller Concessions YN
- Yes
Location and Legal
- Country
- United States
- County Or Parish
- Palm Beach
- County Parish Name
- Palm Beach
- Street Number
- 306
- Street Direction Prefix
- NE
- Street Name
- 2nd
- Street Suffix
- Street
- City Name
- Delray Beach
- State Or Province
- FL
- Postal Code
- 33483
- Area
- 4460
- Geographic Area
- PB06
- Parcel Number
- 12434616010900250
- Multiple Offers Accepted
- Yes
- Zoning
- CBD-RC
- Property Description
- DELRAY TOWN OF
Financial Information
- Tax Annual Amount
- 57122.3
- Tax Year
- 2024
- Tax Legal Description
- 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 &
Remarks and Miscellaneous
- Public Historical Remarks
- Building Type: Y
More Information
Status Change Information
- Major Change Timestamp
- 2026-03-04T19:10:52Z
- Major Change Type
- Price Reduced
- Price Change Timestamp
- 2026-03-04T19:10:52Z
- Status Change Date
- 2025-05-06
Building and Property Details
- # Of Offices
- 22
- # Of Toilets
- 3
- % Air Conditioned
- 100
- Maximum Ceiling Height
- 10
Price Calculations
- Current Price To SqFt
- 1231.07
Originating Details
- Originating System Key
- 20250506182132195722000000
- Originating System ID
- M00000170
Currently Not Used
- Number Of Units Total
- 22
Office/Member Information
- DXORIGMLSID
- RML
Electric
- Three Phase
- Yes
Flooring
- Laminate
- Yes
- Tile
- Yes
Property Condition
- Resale
- Yes
Documents Available
- Appraisal
- Yes
- Books & Records
- Yes
- Deed
- Yes
- Existing Survey
- Yes
- Title/Abstracts
- Yes
Structure Type
- Office
- Yes
Possession
- Close Of Escrow
- Yes
Utilities
- Water Available
- Yes
Business Type
- Commercial
- Yes
Heating
- Central
- Yes
Sale Includes
- Building
- Yes
- Land
- Yes
Listing Terms
- Cash
- Yes
Roof
- Tar/Gravel
- Yes
Security Features
- Fire Alarm
- Yes
- Fire Sprinkler System
- Yes
- Smoke Detector(s)
- Yes
Water Source
- Public
- Yes
Cooling
- Central Air
- Yes
Showing Requirements
- 24 Hour Notice
- Yes
Listing Office:
Van Arnem Properties Inc.
Last Updated: March - 04 - 2026
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