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Investment Highlights
- ±1.25 acres assembled across seven parcels in Boynton Beach CRA and federal Opportunity Zone
- Walking distance to Town Square, City Hall, the Library, Boynton Harbor Marina, and the Brightline-served downtown corridor
- Offered as a whole, or in three pre-defined sub-packages to accommodate phased capital deployment
- Frontage on US-1 (North Federal Highway), NE 4th Street, and NE 5th Avenue
- Eligible for CRA economic development incentives, including potential TIF participation, façade/site grants, and density bonuses
- Cash Flowing Property Present a Covered Land Play During Entitlement and Approvals
Executive Summary
CRA & Opportunity Zone Redevelopment Assemblage — Downtown Boynton Beach, FL
A rare, shovel-ready land assemblage of seven contiguous and adjoining parcels totaling approximately 1.25 acres in the heart of the Boynton Beach Community Redevelopment Agency (CRA) district and within a designated federal Opportunity Zone. The site sits at the intersection of two of the city's most strategic corridors — North Federal Highway (US-1) and NE 4th Street — one block from the future Town Square, the new City Hall and Library campus, and the rapidly densifying downtown core where multiple mid-rise mixed-use projects are now under construction or recently delivered.
The assemblage is comprised of three logical development blocks:
Option 1 — NE 4th Street Development Block
0.70± acres | $4,000,000
The largest contiguous pad in the assemblage, fronting NE 4th Street and benefiting from vacated alley and right-of-way area on the east half of the 20-ft alley and north half of the 25-ft abandoned NE 4th Avenue right-of-way.
Option 2 — North Federal Highway Frontage
0.30± acres | $2,000,000
Two contiguous parcels with hard frontage on US-1 (North Federal Highway), well-suited to a signature mixed-use, retail, or commercial frontage building.
Option 3 — N Federal Highway & NE 5th Avenue Corner
0.25± acres | $1,250,000
A three-parcel infill corner with dual frontage on Federal Highway and NE 5th Avenue, ideal for a smaller-footprint mixed-use, boutique, or live-work product.
Together they offer a developer multiple frontages, dual access, and the scale necessary to underwrite a vertically integrated mixed-use program — residential over retail, hospitality, medical office, or workforce/attainable housing — supported by the CRA's incentive programs and the tax-deferral and basis step-up benefits of Opportunity Zone equity.
A rare, shovel-ready land assemblage of seven contiguous and adjoining parcels totaling approximately 1.25 acres in the heart of the Boynton Beach Community Redevelopment Agency (CRA) district and within a designated federal Opportunity Zone. The site sits at the intersection of two of the city's most strategic corridors — North Federal Highway (US-1) and NE 4th Street — one block from the future Town Square, the new City Hall and Library campus, and the rapidly densifying downtown core where multiple mid-rise mixed-use projects are now under construction or recently delivered.
The assemblage is comprised of three logical development blocks:
Option 1 — NE 4th Street Development Block
0.70± acres | $4,000,000
The largest contiguous pad in the assemblage, fronting NE 4th Street and benefiting from vacated alley and right-of-way area on the east half of the 20-ft alley and north half of the 25-ft abandoned NE 4th Avenue right-of-way.
Option 2 — North Federal Highway Frontage
0.30± acres | $2,000,000
Two contiguous parcels with hard frontage on US-1 (North Federal Highway), well-suited to a signature mixed-use, retail, or commercial frontage building.
Option 3 — N Federal Highway & NE 5th Avenue Corner
0.25± acres | $1,250,000
A three-parcel infill corner with dual frontage on Federal Highway and NE 5th Avenue, ideal for a smaller-footprint mixed-use, boutique, or live-work product.
Together they offer a developer multiple frontages, dual access, and the scale necessary to underwrite a vertically integrated mixed-use program — residential over retail, hospitality, medical office, or workforce/attainable housing — supported by the CRA's incentive programs and the tax-deferral and basis step-up benefits of Opportunity Zone equity.
Taxes & Operating Expenses (Actual - 2024) |
Annual (CAD) |
|---|---|
| Gross Rental Income |
$435,790
|
| Other Income |
$121,418
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$557,209
|
| Taxes |
$88,117
|
| Operating Expenses |
$47,964
|
| Total Expenses |
$136,082
|
| Net Operating Income |
$421,127
|
Taxes & Operating Expenses (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $435,790 |
| Other Income (CAD) | |
|---|---|
| Annual | $121,418 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $557,209 |
| Taxes (CAD) | |
|---|---|
| Annual | $88,117 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $47,964 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $136,082 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $421,127 |
Property Facts
| Price | $9,935,472 CAD | Number of Properties | 7 |
| Price / SF | $1,471 CAD / SF | Individually For Sale | 0 |
| Sale Condition | Redevelopment Project | Total Building Size | 6,756 SF |
| Sale Type | Investment or Owner User | Total Land Area | 1.24 AC |
| Status | Active |
| Price | $9,935,472 CAD |
| Price / SF | $1,471 CAD / SF |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 7 |
| Individually For Sale | 0 |
| Total Building Size | 6,756 SF |
| Total Land Area | 1.24 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 445 N Federal Hwy, Boynton Beach, FL 33435 | Land | 0.15 AC | - | - |
| 520 NE 5th Ave, Boynton Beach, FL 33435 | Land | 0.09 AC | - | - |
| 417 N Federal Hwy, Boynton Beach, FL 33435 | Office | 1,560 SF | 1950 | - |
| 522 Ne 4th St, Boynton Beach, FL 33435 | Office | 1,450 SF | 1955 | - |
| 521 N Federal Hwy, Boynton Beach, FL 33435 | Office | 946 SF | 1946 | - |
| 511 NE 4th St, Boynton Beach, FL 33435 | Retail | 2,000 SF | 1955 | - |
| 522 NE 5th Ave, Boynton Beach, FL 33435 | Specialty | 800 SF | 1950 | - |
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CRA & OZ Redevelopment Assemblage
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