301 SE 1st Ave | Delray Beach, FL 33444
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- LoopNet Team
301 SE 1st Ave
Delray Beach, FL 33444
Prime Residential Land - East Delray Market · Land For Sale
·
1.46 AC
INVESTMENT HIGHLIGHTS
- Rare infill development site in heart of east Delray market
- Existing zoning allows for 30 du/per acre with ability to increase via affordable housing component
- Walking distance to Atlantic Avenue restaurant and shopping district
- Property is cleared and ready to go with utilities to lot lines
- Surrounding neighborhood has seen a massive increase in new development of multifamily, retail and office uses
- Less than a mile to the Atlantic Ocean and beach area
PROPERTY FACTS
| Property Type | Land | Proposed Use | |
| Property Subtype | Residential | Total Lot Size | 1.46 AC |
| Zoning | CBD - CBD- Central Business District- Railroad Corridor Sub- District | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 1.46 AC |
| Zoning | CBD - CBD- Central Business District- Railroad Corridor Sub- District |
DESCRIPTION
Property is comprised of a 1.46 vacant land parcel located in highly desirable East Delray market. Ideal for multifamily apartment or condominium development. Close proximity to the Atlantic Avenue restaurant and entertainment district as well as the new Sundy Village mixed use development project. Property is cleared, level and ready to go with all utilities to lot lines. Existing height limit is 5 stories. Prior development plan was for 100 units in a midrise configuration.
PROPERTY TAXES
| Parcel Number | 12-43-46-16-P6-002-0000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $4,189,576 |
PROPERTY TAXES
Parcel Number
12-43-46-16-P6-002-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$4,189,576
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