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631 Allen Ave
Delray Beach, FL 33483
631 Allen Ave - Prime Delray Beach Lot - Land · Land For Sale
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0.16 AC
INVESTMENT HIGHLIGHTS
- Development opportunity for a single family home over 4500 sq ft.
- East of Federal Highway, close to the beach and surrounded by luxurious new single-family home
- Currently a fourplex generating cash flow to cover expenses while you prepare to build
EXECUTIVE SUMMARY
PROPERTY FACTS
| Sale Type | Investment or Owner User | Property Subtype | Residential |
| Sale Condition | Redevelopment Project | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 0.16 AC |
| Property Type | Land | ||
| Zoning | R-1-A( | ||
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 0.16 AC |
| Zoning | R-1-A( |
1 LOT AVAILABLE
Lot
| Price | $1,150,000 | Lot Size | 0.16 AC |
| Price Per AC | $7,187,500.00 |
| Price | $1,150,000 |
| Price Per AC | $7,187,500.00 |
| Lot Size | 0.16 AC |
Lot will be divided into 3 separate parcels as vacant land and will be delivered cleared and ready, with plans to build a modern, luxurious single-family home over 4500 sq ft.
DESCRIPTION
Exciting new development opportunity in a thriving neighborhood surrounded by luxurious new single-family homes. Lot currently features a four-plex generating monthly income with tenants and Airbnb providing cash flow to cover expenses while you prepare to build. The lot will be delivered with plans for modern, luxurious single-family home over 4500 sq ft. Conveniently located east of Federal Highway, this property offers an unbeatable combination of prime location and exceptional potential. Plans and survey are available upon request. Don't miss this chance to create your vision in a highly desirable area!
