Rare Development Opportunity Newly Reduced Price !


Property

Website:https://www.nestseekers.com/5506597
Address:
Delray Beach, FL 33444
Ownership: For Sale
Type: Land
Lot Size: 0.8 Acres

Financials

Price:$1,500,000
Annual Taxes:$21,938.35

Description

Rare Development Opportunity — Newly Reduced Price! Oversized 0.8-acre property with exceptional development potential in a prime location. Build a luxury estate with guest house or ADU, create a private multi-generational compound, or explore the possibility of splitting into 2 parcels (buyer to verify with city). Private entrance off Seacrest with mature landscaping offering outstanding privacy. Existing home on site can provide rental income or housing while securing plans and permits. Located just 1 mile north of Atlantic Ave, near Gulf Stream Country Club, and minutes to the beach. Nearby Pineapple properties reportedly closed near $960/SF on much smaller lots, highlighting significant upside potential. See attachments. -Existing home on property may provide interim rental income or housing during planning/permitting process -Potential for guest house/ADU and/or multi-generational compound -Possible lot split opportunity — buyer to verify with city/zoning -Private Seacrest entrance with mature landscaping and exceptional privacy -Conveniently located near Atlantic Ave, Gulf Stream Country Club, and the beach -Nearby luxury new construction sales support strong future value potential -Buyer responsible for verifying zoning, density, subdivision, FAR, and development possibilities

Amenities

  • Build To Suit

Contact

888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Coldwell Banker

Delray Beach FL 33444 USA