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14051 Sims Rd 4.9 Acres of Residential Land Offered at $5,740,000 in Delray Beach, FL 33484

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INVESTMENT HIGHLIGHTS

  • Delray Beach - Fully approved & permitted 123-unit Senior Living Community
  • Delray Beach Medical Center is located just 3 miles to the south. This is a world-class hospital offering Cardiovascular & Oncology
  • Just north of site Lennar Homes is building a 55+ Community with 421 new homes ( 257 Townhomes & 164 Single Family Residences)
  • Delray Beach is one of the fastest growing submarkets in Palm Beach area, boasting 15% population growth over past 5 years - CoStar
  • The 4.9-acre sites approved plans call for 92 Assisted Living Units & 31 Memory care Units
  • The site is situated just 10 minutes west of Delray Beach World Famous - Mainstreet "Atlantic Avenue" boasting Work - Live - Play

EXECUTIVE SUMMARY

Seller says bring all offers

PROPERTY FACTS Under Contract

Price $5,740,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Hold For Development
  • Single Family Development
Total Lot Size 4.90 AC
No. Stories 1
Zoning CLR - HR8

1 LOT AVAILABLE

Lot

Price $5,740,000
Price Per AC $1,171,428.57
Lot Size 4.90 AC

Hard corner 4.9 acre site at the intersection of Lake Ida & Sims Rd. Ideal parcel for multifamily or senior living.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00-42-46-14-00-000-3170
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,602,623
  • Listing ID: 37509244

  • Date on Market: 4/24/2023

  • Last Updated:

  • Address: 14051 Sims Rd, Delray Beach, FL 33484

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