Land - Residential Development – 17,315 SF in Delray Beach, FL – Zoned for 4 Ultra-Luxury Townhomes
Commercial Sale
Category: Land - Residential Development
Price:$5,500,000
Location: Delray Beach, FL
Year Built: 1988
Days on Market: 87
Description:
An ultra-rare opportunity on Delray Beach’s Barrier Island—just 1.5 blocks from the ocean and 1 block from Atlantic Ave. This 17,315 SF parcel is one of the last premier development sites in this coveted coastal enclave. Surrounded by luxury estates and steps from world-class dining and beaches, it’s currently improved with a 5-unit multifamily, offering income while plans are drawn. Zoned for 4 ultra-luxury townhomes, this trophy property offers unmatched potential for developers and investors seeking a landmark project in the heart of Delray Beach. (5 separate folios)
IT IS THE RAREST OF THEM ALL, FIRST TIME ON THE MARKET, ONE OF THE MOST SOUGHT AFTER PARCELS IN SIZZLING DELRAY BEACH BARRIER ISLAND.
Listing Code: 1119381457