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3045 Federal Hwy - Boynton Beach Land for Redevelopment 0.91 Acres of Residential Land Offered at $3,000,000 in Boynton Beach, FL 33435
Investment Highlights
- Frontage along Federal Highway (US-1) provides excellent regional connectivity, visibility, and access to nearby retail, dining etc
- The location is minutes from area beaches and the Intracoastal Waterway, providing lifestyle amenities that are highly attractive to renters
- Surrounded by established residential neighborhoods, creating a proven residential environment and supporting demand for new housing projects
Executive Summary
The site benefits from direct frontage on Federal Highway, providing convenient regional connectivity between Boynton Beach, Delray Beach, Boca Raton, and West Palm Beach. Its location places future residents within minutes of Atlantic Avenue’s dining and entertainment destinations, area beaches, established retail corridors, and a broad range of employment and lifestyle amenities. Surrounding residential neighborhoods and commercial uses support long-term market appeal while enhancing accessibility to everyday services.
With zoning and development planning already advanced, the property offers a streamlined path toward execution compared with many competing infill opportunities.
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Property Facts
1 Lot Available
Lot
| Price | $3,000,000 | Lot Size | 0.91 AC |
| Price Per AC | $3,296,703.30 |
| Price | $3,000,000 |
| Price Per AC | $3,296,703.30 |
| Lot Size | 0.91 AC |
The Hammock Townhouses – shovel-ready 0.91 AC site in Boynton Beach approved for 10 luxury townhomes. Zoning, site plan & permits in place. Minutes to Delray Beach, Atlantic Ave dining & shopping. Rare turnkey development opportunity.
Description
3045 Federal Highway presents a rare, shovel-ready development opportunity in one of South Florida's most sought-after coastal corridors. The 0.91± acre site has full site plan approval, zoning entitlements, and permits in place for The Hammock Townhouses, a modern three-story, 10-unit luxury townhome community — allowing a qualified developer to move directly into construction without the typical entitlement risk or timeline. Positioned along high-visibility Federal Highway, the property offers excellent access and exposure just minutes from Atlantic Avenue, Delray Beach's renowned beaches, and the area's premier dining, shopping, and entertainment. Boynton Beach and the surrounding Delray Beach submarket continue to see strong demand for new-construction residential product, making this an attractive opportunity for a builder or investor seeking a low-risk, high-upside project in a rapidly appreciating coastal market.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $901,985 |
Property Taxes
