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Executive Summary

The Tropics of Delray presents a rare, city-approved dual-site development opportunity for 18-unit luxury townhome community at 2410 N Federal Highway. With approvals already secured, developers can move forward with confidence and speed, avoiding lengthy entitlement processes while maintaining the flexibility to execute the existing plans or tailor the projects to meet evolving market preferences. Situated along a high-visibility corridor in one of South Florida’s most desirable and supply-constrained markets, The Tropics of Delray offers a compelling opportunity for immediate value creation and long-term investment upside.

Property Facts

Price $7,900,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Mixed Use
  • Multifamily
  • Apartment Units - Condo
  • Restaurant
Total Lot Size 1.71 AC
No. Stories 1
Zoning GC(cit - General Commercial

1 Lot Available

Lot

Price $7,900,000
Price Per AC $4,619,883.04
Lot Size 1.71 AC

Premier location for a 1.71 Acre lot with development plans already approved for a 18-unit luxury townhome community.

Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
12-43-46-04-08-000-0090
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,925,531
  • Listing ID: 39902566

  • Date on Market: 3/25/2026

  • Last Updated:

  • Address: 2410 N Federal Hwy, Delray Beach, FL 33483

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