CRA District North Federal Site 2 Properties Offered at $2,731,320 CAD in Boynton Beach, FL

This 2-parcel 0.30-Acre assemblage represents a strategic covered land play within the North Federal Highway corridor, offering a unique combination of immediate operational income and high-upside development potential. The existing improvements provide steady cash flow to offset carrying costs while ownership navigates the entitlement process for a future signature project. Positioned within the rapidly revitalizing Federal Highway corridor of Boynton Beach, the site benefits from exceptional visibility and a flexible footprint that supports a variety of boutique commercial or mixed-use applications. This dual-layered strategy allows an investor to maintain a stable yield in the short term while securing a foothold in a market primed for increased urban density and long-term capital appreciation.
The property is situated within the Boynton Beach CRA district, which unlocks a suite of localized incentives designed to accelerate project viability and reduce development costs. These benefits include eligibility for various grant programs such as construction project incentives, rent reimbursement for future tenants, and significant funding for facade or interior improvements.
The site is also located within a federal Opportunity Zone. This provides a distinct set of federal tax maneuvers, including the deferral of capital gains and the potential for complete tax-free appreciation on the new investment after a ten-year holding period.
Whether pursued as a standalone development or as part of the larger available seven-parcel assemblage, this site is positioned to leverage multiple layers of financial and geographic advantages.
All reasonable offers and terms considered. Brokers Welcomed.