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745 NE 6th Ave

1.18 Acres of Commercial Land Offered at $17,001,953 CAD in Delray Beach, FL 33483

Investment Highlights

  • Assemblage Opportunity
  • Acres: 1.18 (2 Parcels Combined)
  • 0.2 Miles from Intracoastal Waterway, and Close Proximity to Atlantic Avenue and Other Amenities
  • Largest East Delray Multifamily Parcel for Sale
  • Allows Up to 34-Unit Condominium in Upscale Delray Beach

Executive Summary

Amazing Opportunity to Purchase Land & Build Up to a 34-Unit Condo in Upscale Delray Beach
This is a developer’s dream. A parcel of land that has not been on the market for over 75 years. This 1.18 combined lot is expected to be zoned to allow up to a 34-unit condominium to be built with onsite parking on a prime location in the upscale downtown Delray Beach area.
Location is often said to be “everything,” and this parcel of land is located just .2 miles from the Intracoastal Waterway, 5-minutes from Gulfstream and Atlantic Avenue, and about 30-minutes from both Palm Beach and the Palm Beach International Airport.
For the developer with the right vision, this location can be designed and built to be one of the premier condominiums in south Florida, with amenities and access to some of the area’s most popular and best shops, restaurants, and nightlife just minutes away.
The demand for quality condominium properties by homeowners continues as Florida’s population soars and people are leaving the northeast for a better lifestyle. There are so few new condos being built in the booming south Florida market, especially in high demand areas like Delray Beach, that for the investor and developer who see the opportunity potential of this unique property, it could be their next major investment success.

Property Facts

Price $17,001,953 CAD
Sale Type Investment
Sale Conditions Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
Total Lot Size 1.18 AC

1 Lot Available

Lot

Price $17,001,953 CAD
Price Per AC $14,408,435 CAD
Lot Size 1.18 AC

2 parcels.

Description

Land Only • Assemblage Opportunity • Largest East Delray Multifamily Parcel for Sale • Acres: 1.18 (2 Parcels Combined) • Primary Lot (.5712 of an Acre) • Parkling Lot (.6135 Acre) • Allows Up to 34-Unit Condominium in Upscale Delray Beach • 0.2 Miles from Intracoastal Waterway, and Close Proximity to Atlantic Avenue and Other Amenities

Walk Score ®
Very Walkable (79)
Bike Score ®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 12-43-46-09-32-000-0151
  • 12-43-46-09-32-000-0402
  • 12-43-46-09-32-000-0460
Land Assessment
$2,325,911 CAD
Improvements Assessment
$687,683 CAD
Total Assessment
$2,910,163 CAD

zoning

Zoning Code CBD (Central Business District)
CBD (Central Business District)
  • Listing ID: 29472758

  • Date on Market: 2023-09-08

  • Last Updated:

  • Address: 745 NE 6th Ave, Delray Beach, FL 33483

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