Boynton Beach CRA Parcels on Federal Hwy 3 Properties Offered at $1,707,075 CAD in Boynton Beach, FL

This 0.25-acre assemblage offers a versatile covered land play in a high-growth corridor, combining three distinct parcels to create a strategic footprint for boutique development. The property currently generates consistent rental income from its existing improvements, serving as a reliable carrying vehicle that provides yield while the owner explores the site’s significant long-term potential. Located at a key intersection with frontage on North Federal Highway, the site is perfectly positioned to capture the momentum of the surrounding area's rapid transformation. Its manageable scale allows for a highly focused project, yet the property remains an integral piece of the larger investment narrative for the North Federal Highway corridor.
Ownership in this specific location grants access to the full suite of incentives offered by the Boynton Beach CRA, which are specifically designed to reduce the financial hurdles of urban revitalization. These localized benefits include potential grant funding for construction, site improvements, and interior build-outs, making it an attractive destination for new commercial or mixed-use concepts. Additionally, the property’s status within a federal Opportunity Zone provides a powerful layer of tax efficiency. Investors can leverage federal tax deferrals on reinvested gains and target a ten-year hold to eliminate capital gains tax on the future appreciation of the project. This combination of immediate cash flow, local development grants, and federal tax advantages makes the site a standout opportunity for disciplined developers and long-term investors alike.
This offering is available as a strategic standalone investment or can be acquired in conjunction with four additional parcels to complete a comprehensive seven-parcel assemblage. By combining these properties with the adjacent sites, an investor can control a contiguous 1.25-acre block, providing the necessary scale for a premier high-density development. This expanded footprint maximizes the potential for a transformative mixed-use project while capitalizing on the full range of regional incentives and the significant frontage along North Federal Highway.
All Reasonable Offers and Terms Considered. Brokers Welcomed.