824 Ne 9th Avenue, Delray Beach, FL 33483

$3,800,000

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List Price
$3,800,000
MLS#
B26088853
Status
ACTIVE
Type
Commercial

Property Description

RARE LUXURY DEVELOPMENT OPPORTUNITY IN EAST DELRAY BEACH! Exceptional opportunity to acquire a prime 0.38-acre parcel just ½ mile from the beach, ideally located off prestigious George Bush Boulevard and surrounded by multimillion-dollar estates and luxury townhome communities. This highly desirable coastal location offers the potential to develop up to FIVE luxury townhomes, subject to city approvals. An ideal setting for an exclusive boutique development featuring upscale contemporary residences designed to attract discerning luxury buyers. Conveniently located minutes from Atlantic Avenue's world-class dining, shopping, and entertainment. The property currently features an existing single-family residence, with redevelopment representing its highest potential use. Opportunities to acquire land of this size in such a coveted coastal location are increasingly rare. A PREMIER OPPORTUNITY FOR BUILDERS, DEVELOPERS, AND INVESTORS! Buyer responsible for verifying zoning, density, development feasibility, and all required approvals with the City of Delray Beach. Proposed renderings, if provided, are conceptual only and have not received city approval

Additional Information

Days on Market
7
Tax Amount
$3,348
Parcel Number
12434609160040161
Front Exposure
East
Directions
I 95 to Atlantic Ave go East to Federal Highway turn left take to George Bush Blvd turn right and then NE9th Ave will be on the left side turn left and the property is on the left.
Address
824 Ne 9th Avenue, Delray Beach
Development Name
Frey Sophia Add To Delray, Sophia Frey
Development
Frey Sophia Add To Delray, Sophia Frey

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Listing Courtesy of Steadfast Realty LLC, Contact: