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Property Description

City approved plans are in place for a premier residential development in the heart of Delray Beach. This 1.71 acre mixed use site is entitled for 18 luxury three-story townhomes in a prime location with frontage on Federal Highway and Old Dixie Highway. Each residence is designed with approximately 3,000 square feet, three bedrooms with en-suite bathrooms, covered balconies, and two-car garages. The property also offers flexibility to preserve and restore the iconic Ellie's 50s Diner or redevelop the space into a vibrant retail component. With Delray Beach experiencing strong growth, this is a rare opportunity to invest in a high visibility location with exceptional upside.

Overview

Property Status
For Sale
Lot Size
1.71 Acres
MLS ID
F10550155
Property Type
Land

Features & Amenities

Neighborhood
Delray Beach
Water Source
Public
Lot Features
1-2 Acres, 2-3 Acres, City Lot
Sewer
Public Sewer
Sales Price
$7,900,000
Real Estate Tax
$80,415/yr
Zoning
GC

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2410 N Federal Highway

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