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2400 N Federal Hwy
Delray Beach, FL 33483 Outer Boynton Beach

$7,200,000 USD

Land For Sale  •  1.3 AC

Property Details

  • Property Type Land
  • Lot Size 1.3 AC
  • Zoning GC
0 Transit Score
52 Walk Score

Description

Discover an exceptional investment and redevelopment opportunity just off Federal Highway in the vibrant city of Delray Beach. This approved project offers the potential to create a luxury community featuring 16 sophisticated condos with spacious 2-3 bedroom layouts, each exceeding 2,500 sq. ft. of elegant living space. Select residences include private garages with direct unit access, providing added convenience for future homeowners.
The site plans also feature outstanding resort-style amenities, including a pool, clubhouse, cabanas, and an outdoor kitchen, enhancing the appeal of this exclusive community.
Currently, the lot is home to the old Badcock Furniture store in a freestanding building that can remain as a retail space if desired. This provides a unique opportunity for investors looking to maintain commercial use or explore redevelopment options.
This is the perfect chance to make a lasting impact in Delray Beach. Don’t miss out on this incredible opportunity!

Highlights

Approved project offers the potential to create a luxury community featuring 16 sophisticated condos with spacious 2-3 bedroom
Each condo exceeding 2,500 sq. ft. of elegant living space, some units include private garages with direct unit access
The site plans also feature exceptional resort-style amenities, such as a pool, clubhouse, cabanas, and an outdoor kitchen
Currently, the lot is home to the old Badcock Furniture store, in a freestanding building that can remain as a retail space if desired.

Public Transportation

Commuter RailDriveWalkDistance
Delray Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 10 min - 4.3 mi
Boynton Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 14 min - 8.2 mi
AirportDriveWalkDistance
Palm Beach International 26 min - 17.0 mi
Fort Lauderdale/Hollywood International 47 min - 34.2 mi
Mark Barone 561-235-6801 Compass
Mark Barone 561-235-6801 Compass