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NE 4th Street Development Block | CRA 2 Retail Properties Offered at $4,000,000 in Boynton Beach, FL
Investment Highlights
- CRA Incentives: Targeted for significant local grants and favorable zoning
- Immediate Income: NNN lease in place provides ideal holding revenue
- Unbeatable Location: Core downtown positioning in a rapidly densifying market
- Maximum Density: Primed for ultra-dense, mid-rise urban development
- Tax Efficiency: Full Opportunity Zone benefits for long-term equity growth
- All Reasonable Offers and Terms Considered. Brokers Protected.
Executive Summary
Strategic Covered-Land Opportunity in Downtown Boynton Beach.
This 0.70± acre development pad offers a sophisticated covered-land play, combining immediate cash flow with high-octane redevelopment potential. The site currently features an existing tenant on a NNN lease, providing steady holding income while you navigate the design and entitlement process with the Boynton Beach CRA.
Located within a Federally Designated Opportunity Zone, this site enables investors to maximize tax-deferral and basis-step-up benefits, providing a critical advantage for large-scale, ultra-dense projects. As part of the CRA district, the property is positioned to benefit from aggressive development incentives and grants designed to support vertically integrated, high-density residential or mixed-use programs.
This property is one of three logical development blocks within a larger 7-parcel, 1.25-acre contiguous assemblage. It can be purchased individually or combined with the adjacent North Federal Highway frontage for a landmark, full-block project.
Situated just one block from the new $118M Town Square and City Hall campus, this is a rare chance to control a significant footprint in Boynton Beach’s most desirable corridor while the existing income mitigates your carry costs.
All Reasonable Offers and Terms Considered. Brokers Welcome.
This 0.70± acre development pad offers a sophisticated covered-land play, combining immediate cash flow with high-octane redevelopment potential. The site currently features an existing tenant on a NNN lease, providing steady holding income while you navigate the design and entitlement process with the Boynton Beach CRA.
Located within a Federally Designated Opportunity Zone, this site enables investors to maximize tax-deferral and basis-step-up benefits, providing a critical advantage for large-scale, ultra-dense projects. As part of the CRA district, the property is positioned to benefit from aggressive development incentives and grants designed to support vertically integrated, high-density residential or mixed-use programs.
This property is one of three logical development blocks within a larger 7-parcel, 1.25-acre contiguous assemblage. It can be purchased individually or combined with the adjacent North Federal Highway frontage for a landmark, full-block project.
Situated just one block from the new $118M Town Square and City Hall campus, this is a rare chance to control a significant footprint in Boynton Beach’s most desirable corridor while the existing income mitigates your carry costs.
All Reasonable Offers and Terms Considered. Brokers Welcome.
Property Facts
| Price | $4,000,000 | Number of Properties | 2 |
| Price / SF | $1,159 / SF | Individually For Sale | 0 |
| Cap Rate | 3.90% | Total Building Size | 3,450 SF |
| Sale Type | Investment or Owner User | Total Land Area | 0.69 AC |
| Status | Active |
| Price | $4,000,000 |
| Price / SF | $1,159 / SF |
| Cap Rate | 3.90% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 3,450 SF |
| Total Land Area | 0.69 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 511 NE 4th St, Boynton Beach, FL 33435 | Retail | 2,000 SF | 1955 | - |
| 522 NE 4th St, Boynton Beach, FL 33435 | Retail | 1,450 SF | 1955 | - |
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NE 4th Street Development Block | CRA