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632 Allen Ave
Delray Beach, FL 33483
Prime Delray Beach Lot · Land For Sale
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0.33 AC
Investment Highlights
- Development opportunity for a single family home over 4500 sq ft.
- The lot will be divided into two separate parcels and delivered cleared and ready to build a luxurious single-family homes on each lot
- Currently a Triplex generating $8,400 in monthly income, 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 | |
| No. Lots | 1 | Total Lot Size | 0.33 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 | |
| Total Lot Size | 0.33 AC |
| Zoning | R-1-A |
1 Lot Available
Lot
| Price | $2,200,000 | Lot Size | 0.33 AC |
| Price Per AC | $6,666,666.67 |
| Price | $2,200,000 |
| Price Per AC | $6,666,666.67 |
| Lot Size | 0.33 AC |
Lot is available 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 and townhomes! This 0.33-acre lot currently features a triplex generating $8,400 in monthly income, providing cash flow to cover expenses while you prepare to build. The lot will be divided into two separate parcels and delivered cleared and ready, complete with plans for modern, luxurious single-family homes on each parcel. 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!
