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Listed by Douglas Elliman
$ 1,999,000
Est. payment /mo
Active
248 SE 1st AVE Delray Beach, FL 33444
0.32 Acres Lot
UPDATED:
12/11/2024 02:51 PM
Key Details
Property Type Single Family Home, Vacant Land
Sub Type Single Family Detached
Listing Status Active
Purchase Type For Sale
Subdivision Delray Town Of
MLS Listing ID RX-10987210
HOA Y/N No
Annual Tax Amount $17,993
Tax Year 2023
Lot Size 0.318 Acres
Property Description
Prime Development Opportunity! This corner lot is perfectly poised for transformation in the heart of Downtown Delray. Its strategic location conveniently positioned just 3 blocks from Atlantic Ave & near Delray's inviting beaches, offers an unparalleled opportunity for visionary investors and developers to shape the future of this ever-flourishing neighborhood. With its coveted proximity to the bustling hub of Atlantic Ave, renowned for its eclectic mix of shops, restaurants, and cultural experiences, this development site has completed schematic designs by renowned Silberstein Architecture. Future developer has the ability/benefit of stepping into the current schematic design, accelerating the permit submission process. The current plans display a possible (3) luxury condominium design
Location
State FL
County Palm Beach
Area 4370
Zoning RM(cit
Exterior
Utilities Available None
Exposure East
Building
Lot Description 1/4 to 1/2 Acre
Others
Acceptable Financing Cash
Horse Property No
Listing Terms Cash
Financing Cash