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1405 N Federal Highway

Delray Beach, FL 33483
  • $4,800,000
  • STATUS: Active
  • ON SITE: 159 Days
  • ID#: RX-10826498
UPDATED: 63 min ago
$4,800,000
  • 0
    BEDS
  • 0.82
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Rare opportunity to develop 9 ultra luxury condos on this prime lot (3 parcels combined) in the heart of Downtown Delray Beach. Sale includes floorplans and renderings. Located just 1.3 miles from famous Atlantic Avenue and exactly 1 mile to the beach. This is the perfect opportunity for a builder or developer to have a showcase property in Downtown Delray. This area is being redeveloped at a rapid rate and the units are being sold well before completion of the projects.Corner Lot - 35,702 SFLocated in the sought after La Hacienda neighborhood.Fastest appreciating neighborhood in Downtown Delay year over year.Surrounded by sold out new construction, residential projects in all directions.Prices have eclipsed $900 per square foot for non-waterfront new construction builds in La HaFloorplans for the units range in size from 2,000sf to 3,600sf with street level covered parking and shared pool and gym behind the building. Phase 1 enviromentals have been completed and on hand.

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www.baronrealestateco.com/homes/132363109
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1405 N Federal Highway Delray Beach, FL 33483

  • Price: $4,800,000
  • Status: Active
  • On Site: 159 Days
  • Updated: 63 min ago
  • ID#: RX-10826498
0
Beds
0
Baths
0
½ Baths
0.82
Acres
Neighborhood:
La Hacienda Delray
County:
Palm Beach
Area:
Delray Beach
Property Description
Rare opportunity to develop 9 ultra luxury condos on this prime lot (3 parcels combined) in the heart of Downtown Delray Beach. Sale includes floorplans and renderings. Located just 1.3 miles from famous Atlantic Avenue and exactly 1 mile to the beach. This is the perfect opportunity for a builder or developer to have a showcase property in Downtown Delray. This area is being redeveloped at a rapid rate and the units are being sold well before completion of the projects.Corner Lot - 35,702 SFLocated in the sought after La Hacienda neighborhood.Fastest appreciating neighborhood in Downtown Delay year over year.Surrounded by sold out new construction, residential projects in all directions.Prices have eclipsed $900 per square foot for non-waterfront new construction builds in La HaFloorplans for the units range in size from 2,000sf to 3,600sf with street level covered parking and shared pool and gym behind the building. Phase 1 enviromentals have been completed and on hand.
Exterior Features

Front Exposure West Ground Cover Other Improvements None Lot Description 1/2 To < 1 Acre Roads City/County Maint. Trees Partially Treed Waterfront YN No

Property Features

Auction No Available Docs AerialEnviro. Aud-Ph1Survey Development Status Undeveloped Homeowners Association None Land Type Commercial Land Location City Min Living Sq Ft Restrictions 1750.00 REO No Short Sale No Short Sale Addendum No Short Sale AU N/A Special Assessment No Style Multi-Family Med Den Tax Amount 20819.30 Tax Year 2021 Terms Considered Cash Utilities Available CableElectricGasMunicipal SewerPublic Water Utilities On Site ElectricPublic WaterSewer Zoning Gc(Cit

Listing provided courtesy of Prakas Real Estate: [IDXCONTACTINFORMATION]. Listing information © 2023 BeachesMLS
 
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Baron Real Estate
8555 SW Commerce Centre
Port St. Lucie FL, 34986