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1405 N Federal Hwy - 9 Luxury Condo Development Site Opportunity 0.64 Acres of Residential Land Offered at $4,300,000 in Delray Beach, FL 33483
Executive Summary
The North Edge presents a rare, city-approved development opportunity in East Delray Beach, ideally positioned along Federal Highway just minutes from Atlantic Avenue. Designed to meet the growing demand for upscale residential living while offering long-term value for developers and investors, the project includes approved plans for a three-story building featuring nine luxury condominiums ranging from approximately 2,000 to 3,080 square feet. With approvals already in place, The North Edge allows for an expedited path to construction, significantly reducing entitlement risk while offering the flexibility to execute the current vision or reposition the project to suit a tailored development strategy. Located in a highly desirable, supply-constrained market, this boutique luxury concept is well-positioned to achieve strong returns and immediate value creation.
Property Facts
| Price | $4,300,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.64 AC |
| Property Type | Land | Year Built | 1947 |
| Zoning | GC - General commercial | ||
| Price | $4,300,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 0.64 AC |
| Year Built | 1947 |
| Zoning | GC - General commercial |
1 Lot Available
Lot
| Price | $4,300,000 | Lot Size | 0.64 AC |
| Price Per AC | $6,716,199.94 |
| Price | $4,300,000 |
| Price Per AC | $6,716,199.94 |
| Lot Size | 0.64 AC |
The North Edge presents a rare, city-approved development opportunity in East Delray Beach, ideally positioned along Federal Highway just minutes from Atlantic Avenue. Designed to meet the growing demand for upscale residential living while offering
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $2,890,134 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,890,134
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1405 N Federal Hwy - 9 Luxury Condo Development Site Opportunity
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