• Asking Price $1,999,000
  • Estimated Value: $981,946

  • 248 SE 1ST AVE DELRAY BEACH, FL 33444

  • 1 Bath
  • Multi-family (5 or more units) / Resale (MLS)
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Property Details for 248 SE 1ST AVE, DELRAY BEACH, FL 33444

Features

  • Lot Size: 13861.00 sq. ft.
  • Total Units: 2
  • Stories: 100
  • Roof Type: Asphalt
  • Heating: None
  • Construction Type: Masonry
  • Exterior Walls: Concrete Block

Facts

  • Year Built: 01/01/1957
  • Property ID: 882922580
  • MLS Number: RX-10987210
  • Parcel Number: 12-43-46-16-01-071-0050
  • Property Type: Multi-family (5 or more units)
  • County: PALM BEACH
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Prime Development Opportunity! This corner lot is perfectly poised for transformation in the heart of Downtown Delray. Its strategic location conveniently positioned just 3 blocks from Atlantic Ave & near Delray's inviting beaches, offers an unparalleled opportunity for visionary investors and developers to shape the future of this ever-flourishing neighborhood. With its coveted proximity to the bustling hub of Atlantic Ave, renowned for its eclectic mix of shops, restaurants, and cultural experiences, this development site has completed schematic designs by renowned Silberstein Architecture. Future developer has the ability/benefit of stepping into the current schematic design, accelerating the permit submission process. The current plans display a possible (3) luxury condominium design

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Property Brokerage: Douglas Elliman Florida LLC 340 Royal Poinciana Way, M302 Palm Beach FL 33480
Copyright © 2024 BeachesMLS / Flexmls. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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