City approved plans are in place for a premier residential development in the heart of Delray Beach.
| Website: | https://www.nestseekers.com/5276882 |
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| Address: | Delray Beach, FL 33483 |
| Ownership: | For Sale |
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| Type: | Land |
| Lot Size: | 1.7 Acres |
Financials
Price:$7,900,000
Annual Taxes:$80,415
Description
City approved plans are in place for a premier residential development in the heart of Delray Beach. This 1.71 acre mixed use site is entitled for 18 luxury three-story townhomes in a prime location with frontage on Federal Highway and Old Dixie Highway. Each residence is designed with approximately 3,000 square feet, three bedrooms with en-suite bathrooms, covered balconies, and two-car garages. The property also offers flexibility to preserve and restore the iconic Ellie’s 50s Diner or redevelop the space into a vibrant retail component. With Delray Beach experiencing strong growth, this is a rare opportunity to invest in a high visibility location with exceptional upside.
888 Biscayne Blvd # Unit CU9 Miami, FL 33132 Phone: +1 305-203-4555 Fax: +1 305-675-0745 | |
| Listing Courtesy of Serhant | |
