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Listed by Compass Florida LLC
$8,500,000
Est. payment /mo
8,656 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Commercial Land
Listing Status Active
Purchase Type For Sale
Subdivision Delray Beach Estates
MLS Listing ID RX-11043866
HOA Y/N No
Annual Tax Amount $79,838
Tax Year 2024
Lot Size 8,656 Sqft
Property Sub-Type Commercial Land
Property Description
Join an exciting development project in the heart of Delray Beach! This 1.71-acre mixed-use site offers incredible potential, with approved plans for 18 luxurious, 3-level townhomes. Strategically located along Federal Highway with additional frontage on Old Dixie Highway. Each townhome features approximately 3,000 sq. ft., 3 bedrooms with en-suite bathrooms, covered balconies, and 2-car garages. Alternatively, the charm of Ellie's 50s Diner can be preserved to restore its legacy, or the space can be repurposed into a vibrant retail hub, offering even more flexibility to maximize its value. Delray Beach is thriving, and this is your chance to invest in a prime location with limitless possibilities. Don't miss this transformative opportunity!
Location
State FL
County Palm Beach
Area 4360
Zoning GC(cit
Exterior
Utilities Available Electric, Public Water, Sewer
Exposure East
Building
Lot Description 1 to < 2 Acres
Others
Acceptable Financing Cash, Conventional
Horse Property No
Listing Terms Cash, Conventional
Financing Cash,Conventional
Virtual Tour https://www.propertypanorama.com/2410-N-Federal-Highway-Delray-Beach-FL-33483--RX-11043866/unbranded
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