This Land Property is no longer advertised on LoopNet.com.

5185 Atlantic Ave
Delray Beach, FL 33484
Flo Delray - 5 Acres · Land For Sale · 5.00 AC

Investment Highlights

  • 4.868 acres of raw land
  • Double Density of 24 du/ac with 20% workforce units
  • Access Atlantic Ave via existing easement, through adjacent shopping center owned by Kimco Realty Corp
  • Ideal for Townhomes, Garden Apartments, Senior or Assisted Living
  • Allowable Density of 12 du/ac with no income restrictions
  • Inexpensive construction type and surface parking offer great value in a prized metro area

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Single Family Development
Total Lot Size 5.00 AC
Zoning RM / FLO Delray Overlay - RM – Multi-Family (Medium Density) under the City of Delray Beach, allowing for up to 116 apartment units or 58 townhomes by right or 234 w Live Local

Property Taxes

Property Taxes

Parcel Number
00-42-46-14-00-000-5190
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,005,833
  • Listing ID: 32139253

  • Date on Market: 6/14/2024

  • Last Updated:

  • Address: 5185 Atlantic Ave, Delray Beach, FL 33484

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