Multifamily Land Development Site 2 biens • Boca Raton, FL

An exceptional multifamily development site sits within the booming Boca Raton market at 8230 210th Street S, an area known for strong rental demand and limited land availability. Spanning 4.77 acres, the property offers a rare opportunity for developers seeking scale in a high-growth South Florida submarket with proven fundamentals and long-term upside.

The site is currently generating in-place revenue from the existing Boca Executive Center, a two-story, 15,048-square-foot office and coworking property situated on 1.77 acres, which can be redeveloped and integrated into the cohesive multifamily community, creating operational and design efficiencies. The remaining 3 acres are development-ready, allowing investors to capitalize on existing cash flow while advancing entitlement and construction plans.

In-place plans call for a 89-unit, five-story, 105,422-square-foot modern multifamily building with individual balconies and a desirable mix of one-, two-, and three-bedroom units. The design includes a spacious lobby and leasing office, a rear-facing covered patio with an outdoor courtyard, a pool, and access to 239 parking spaces. A self-storage facility in front of the site along Boca Rio Road further enhances the property's overall utility and visibility.

Near the intersection of Glades Road and Florida's Turnpike, the property is well connected, with Interstate 95 a 10-minute drive and US Highway 441 nearby. Residents enjoy immediate access to the Lakeside Centre shopping mall, anchored by Marshalls and Publix.

In a land-constrained market experiencing a new wave of growth, this multifamily opportunity positions developers to capture strong absorption and build long-term value.

Reach out today to learn more about this rare development opportunity.