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Dan Abrahams And Tony Stern Acquire Mixed-Use Asset In Delray Beach For $3.3M

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SOLD
$3,300,000
Matthew M. Bachrad

Florida

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Mixed-use9,044 SF
Sold 08/15/2025
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Property Image
SOLD

Dan Abrahams And Tony Stern Acquire Mixed-Use Asset In Delray Beach For $3.3M

801 Southeast 6th Avenue

See Similar Deals
Mixed-use9,044 SF
Sold 08/15/2025
Matthew M. Bachrad
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Summary

FLORIDA
Asset Type:Mixed-use
Price Per Square Foot:$364
Total Square Footage:9,044 SF
Transaction Type:Sale

The property involved in the transaction is a mixed-use asset located at 801 Southeast 6th Avenue in Delray Beach, featuring a sale price of $3,300,000. The square footage of the property is 9,044, resulting in a price per square foot of $364, and a price per land foot of $109.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $3,300,000
  • Address: 801 Southeast 6th Avenue
  • Market: Delray Beach
  • Square Footage: 9,044
  • Price per Square Foot: $364
  • Price per Land Foot: $109
  • Buyer: Dan Abrahams & Tony Stern
  • Seller: Jacob Elefant
  • Brokers: John Brewer, Matthew M. Bachrad & Danielle Stern - William Raveis Real Estate

Dan Abrahams and Tony Stern, representing DLA & Centennial Investments, are the buyers of the asset. The deal reflects a strategic acquisition in Downtown Delray Beach, highlighting the property's location near Atlantic Avenue, ensuring both stable cash flow and potential for future redevelopment.

Players

Matthew M. Bachrad
13 deals$51.4M volume
BROKER

Danielle Stern
William Raveis Real Estate
12 deals$49.9M volume
BROKER

William Raveis Real Estate
BROKERAGE


Details

SOLD
IMAGE: John Brewer, Danielle Stern, Matthew M. Bachrad, Dan Abrahams & Tony Stern DATE: 08/15/2025 ADDRESS: 801 Southeast 6th Avenue MARKET: Delray Beach ASSET TYPE: Mixed-use BUYER: Dan Abrahams (@DanAbrahams87) & Tony Stern (@Propertyonion) SELLER: Jacob Elefant BROKERS: John Brewer (@Soflo_restaurantguy), Matthew M. Bachrad (@MatthewBachrad) & Danielle Stern (@yourluxurylisting) - William Raveis Real Estate (@WilliamRaveis) SALE PRICE: $3,300,000 SF: 9,044 ~ PPSF: $364 PPLand Foot: $109 NOTE FROM BUYER: DLA & Centennial Investments are excited to acquire this prime asset in Downtown Delray Beach — “The Hamptons of the South” — which continues to boast some of the strongest fundamentals in the country. The property is positioned on a prime corner, walking distance to Atlantic Avenue, with excellent visibility and frontage. It offers both stable in-place cash flow today and compelling long-term redevelopment potential, with significant future density upside. Please contact John Brewer for more information regarding commercial/ leasing opportunities [email protected]

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Debt Service Coverage Ratio (DSCR)

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