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701 George Bush Boulevard, Delray Beach, FL 33483 (MLS# R10847248)

701 George Bush Boulevard, Delray Beach, FL 33483

$1,500,000
Property Type: Commercial Sale Square Footage: 1,980 Status: Closed
Current Price: $1,500,000 List Date: 12/13/2022 Last Modified: 5/19/2026

Overview

Description

There are tenants in the building, so please do not disturb or discuss this with them. Own this trophy property! This is the first time this property has ever been listed for sale, and with all the development happening, make this your once in a lifetime purchase. This 4-Unit Retail Building is a gem located in East Delray Beach. Approximately 135' of frontage facing George Bush Blvd for great exposure. Perfect opportunity to have an office at this desirable location with homes in close proximity worth $35+ million. It's a true trophy piece and perfect for an investment banker, attorney, accountant, or professional. There is virtually nothing available east of Federal Highway in Delray Beach. This property has the traffic of high-wealth individuals that have to pass by getting to and from

Supplements: east Delray, Gulfstream, and Ocean Ridge. Just one client can make your entire year. Furthest unit to the west has a grease trap. This property is the former Ely's 50's Diner's first location. -Owner-user or Investment -3 of the units are month to month leases -1 of the units has a lease ending in 18 months -Furthest unit to the west has a greas ...

Listing Details MLS# R10847248

General Property Information

Property Sub Type
Retail
Number Of Units Total
4
Building Area Main
1980
Building Area Source
Public Records
Year Built
1981
Lot Size Area
8712
Lot Size Acres
0.2
Stories
Yes

Property Features

Building Features: Free Standing; Restaurant Business Type: Commercial; Professional/Office; Retail Common Area Maintenance Includes: Exterior Electric; Sewer; Water Documents Available: Aerial Photo(s); Copy Of Lease(s); Enviro. Aud-PH1; Existing Survey; Owner Managed Electric: Separate Meters; Three Phase Flooring: Other Heating: Central Individual; Electric Location of Property: City Location Property Condition: Resale Sale Includes: Building; Land Tenant Pays: Common Area Maintenance; Electricity; Maintenance Construction Materials: CBS; Concrete; Stucco Cooling: Central Individual Listing Terms: Cash Traffic Type: Auto; Medium Roof: Tar/Gravel Security Features: Fire Alarm; None Sewer: Public Sewer Structure Type: Office; Retail Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Listing Agent Must Accompany; Occupied; Text Listing Agent Contingencies: None

Contract Information

Comp Sale YN
No
Original List Price
1495000

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
701
Street Name
George Bush
Street Suffix
Boulevard
City Name
Delray Beach
State Or Province
FL
Postal Code
33483
Area
4220
Geographic Area
PB06
Parcel Number
12434609160030010
Multiple Offers Accepted
Yes
Zoning
GC(cit
Directions
Take Federal Highway to George Bush Blvd. and go east. Building is on left.
Property Description
4-Unit Retail

Financial Information

Tax Annual Amount
12781.7
Tax Year
2022
Tax Legal Description
SOPHIA FREY ADD LT 1 /LESS S 8 FT RD R/W/ BLK 3

Status Change Information

Major Change Timestamp
2023-01-26T17:14:20Z
Major Change Type
Status Change
Price Change Timestamp
2023-01-06T17:50:33Z
Status Change Date
2023-01-26
Under Contract Date
2023-01-04
Close Date
2023-01-25
Close Price
1500000
Buyer Financing
Cash

More Information

Building and Property Details

# Of Tenants
2
# Of Toilets
4
% Air Conditioned
100
Maximum Ceiling Height
9

Distance To Information

Miles to Beach
Yes

Meter Information

Number Of Meters Total
4

Price Calculations

Current Price To SqFt
757.57
Original List Price To Close Price
0.99

Originating Details

Originating System Key
20221120234615053109000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Electric

Separate Meters
Yes
Three Phase
Yes

Flooring

Other
Yes

Property Condition

Resale
Yes

Documents Available

Aerial Photo(s)
Yes
Copy Of Lease(s)
Yes
Enviro. Aud-PH1
Yes
Existing Survey
Yes
Owner Managed
Yes

Structure Type

Office
Yes
Retail
Yes

Tenant Pays

Common Area Maintenance
Yes
Electricity
Yes
Maintenance
Yes

Location of Property

City Location
Yes

Sewer

Public Sewer
Yes

Building Features

Free Standing
Yes
Restaurant
Yes

Business Type

Commercial
Yes
Professional/Office
Yes
Retail
Yes

Common Area Maintenance Includes

Exterior Electric
Yes
Sewer
Yes
Water
Yes

Heating

Central Individual
Yes
Electric
Yes

Sale Includes

Building
Yes
Land
Yes

Construction Materials

CBS
Yes
Concrete
Yes
Stucco
Yes

Listing Terms

Cash
Yes

Roof

Tar/Gravel
Yes

Security Features

Fire Alarm
Yes
None
Yes

Water Source

Public
Yes

Cooling

Central Individual
Yes
Electric
Yes

Showing Requirements

24 Hour Notice
Yes
Appointment Only
Yes
Call Listing Agent
Yes
Listing Agent Must Accompany
Yes
Occupied
Yes
Text Listing Agent
Yes

Traffic Type

Auto
Yes
Medium
Yes

Contingencies

None
Yes
Listing Office: William Raveis South Florida
IDX
Last Updated: May - 19 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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