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745 NE 6th Ave 1.18 Acres of Commercial Land Offered at $16,744,061 CAD in Delray Beach, FL 33483
INVESTMENT HIGHLIGHTS
- Assemblage Opportunity
- Acres: 1.18 (2 Parcels Combined)
- 0.2 Miles from Intracoastal Waterway, and Close Proximity to Atlantic Avenue and Other Amenities
- Largest East Delray Multifamily Parcel for Sale
- Allows Up to 34-Unit Condominium in Upscale Delray Beach
- Ideal 1031 exchange opportunity
EXECUTIVE SUMMARY
Amazing Opportunity to Purchase Land & Build Up to a 34-Unit Condo in Upscale Delray Beach
This is a developer’s dream. A parcel of land that has not been on the market for over 75 years. This 1.18 combined lot is expected to be zoned to allow up to a 34-unit condominium to be built with onsite parking on a prime location in the upscale downtown Delray Beach area.
Location is often said to be “everything,” and this parcel of land is located just .2 miles from the Intracoastal Waterway, 5-minutes from Gulfstream and Atlantic Avenue, and about 30-minutes from both Palm Beach and the Palm Beach International Airport.
For the developer with the right vision, this location can be designed and built to be one of the premier condominiums in south Florida, with amenities and access to some of the area’s most popular and best shops, restaurants, and nightlife just minutes away.
The demand for quality condominium properties by homeowners continues as Florida’s population soars and people are leaving the northeast for a better lifestyle. There are so few new condos being built in the booming south Florida market, especially in high demand areas like Delray Beach, that for the investor and developer who see the opportunity potential of this unique property, it could be their next major investment success.
This is a developer’s dream. A parcel of land that has not been on the market for over 75 years. This 1.18 combined lot is expected to be zoned to allow up to a 34-unit condominium to be built with onsite parking on a prime location in the upscale downtown Delray Beach area.
Location is often said to be “everything,” and this parcel of land is located just .2 miles from the Intracoastal Waterway, 5-minutes from Gulfstream and Atlantic Avenue, and about 30-minutes from both Palm Beach and the Palm Beach International Airport.
For the developer with the right vision, this location can be designed and built to be one of the premier condominiums in south Florida, with amenities and access to some of the area’s most popular and best shops, restaurants, and nightlife just minutes away.
The demand for quality condominium properties by homeowners continues as Florida’s population soars and people are leaving the northeast for a better lifestyle. There are so few new condos being built in the booming south Florida market, especially in high demand areas like Delray Beach, that for the investor and developer who see the opportunity potential of this unique property, it could be their next major investment success.
PROPERTY FACTS
| Price | $16,744,061 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Conditions | Proposed Use | ||
| No. Lots | 1 | Total Lot Size | 1.18 AC |
| Zoning | CBD - Central Business District | ||
| Price | $16,744,061 CAD |
| Sale Type | Investment |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.18 AC |
| Zoning | CBD - Central Business District |
1 LOT AVAILABLE
Lot
| Price | $16,744,061 CAD | Lot Size | 1.18 AC |
| Price Per AC | $14,189,882.08 CAD |
| Price | $16,744,061 CAD |
| Price Per AC | $14,189,882.08 CAD |
| Lot Size | 1.18 AC |
2 parcels.
DESCRIPTION
Land Only • Assemblage Opportunity • Largest East Delray Multifamily Parcel for Sale • Acres: 1.18 (2 Parcels Combined) • Primary Lot (.5712 of an Acre) • Parkling Lot (.6135 Acre) • Allows Up to 34-Unit Condominium in Upscale Delray Beach • 0.2 Miles from Intracoastal Waterway, and Close Proximity to Atlantic Avenue and Other Amenities
1 1
Walk Score®
Very Walkable (80)
Bike Score®
Very Bikeable (72)
PROPERTY TAXES
| Parcel Number | 12-43-46-09-32-000-0460 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $249,288 CAD |
PROPERTY TAXES
Parcel Number
12-43-46-09-32-000-0460
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$249,288 CAD
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745 NE 6th Ave
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