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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.

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
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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  • Listing ID: 38411513

  • Date on Market: 2025-11-11

  • Last Updated:

  • Address: CRA & OZ Redevelopment Assemblage, Boynton Beach, FL

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