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2400 N Federal Highway, Delray Beach, FL 33483

$7,200,000
Property Type: Comm/Industry Baths: 2 Square Footage: 14,875 Status: Active
Current Price: $7,200,000 Last Modified: 10/31/2023

Description

Discover a luxury residential opportunity in the flourishing Federal Highway corridor, located just North of Downtown Delray Beach. With this prime offering, you can develop 16 high-end luxury condos, each offering 2,500 to 2,800 SqFt of luxurious, under-air living space. Detailed plans are available upon request.

More Information MLS# RX-10890676

Contract Information

Status: Active Original List Price: 7200000 Auction: No List Price: $7,200,000 Current Price: $7,200,000 List Price/Bldg SqFt: 484.03 Listing Date: 2023-05-15 Comm/Non-Rep: 4% Comm/Buyer Agent: 4% Comm/Trans Brk: 4%

General Property Description

Type: Mixed Use For Sale: Yes For Lease: No Property Desc: Store/Redevelopment Subdivision: DELRAY BEACH ESTS Year Built: 1951 SqFt - Living: 14875 SqFt Source: Tax Rolls # of Stories: 1 Total Units: 1 Baths - Total: 2 Acres: 1.37 % Air Conditioned: 1.37 Waterfront: No

Location, Tax & Legal

Area: 4360 Geo Area: PB06 Country: United States County: Palm Beach Parcel ID: 12434604300000020 Street #: 2400 Street Dir: N Street Name: Federal Street Suffix: Highway State/Province: FL Zip Code: 33483 Multiple Ofrs Acptd: Yes Zoning: GC(cit Legal Desc: PBT REPL 1 LT 2 Tax Year: 2022 Real Estate Taxes: 44112.3 Geo Lat: 26.487247 Geo Lon: -80.065206

Remarks & Misc

Directions: From I95 take exit 56 to Woolbright Rd East, right to US-1. Destination will be on the right.

Office/Member Info

DXORIGMLNO: RX-10890676 DXORIGMLSID: RML

Property Features

Use: Industrial; Mixed; Other Type of Building: Commercial; Income; Retail Sale Includes: Building and Land Avail Docs: Survey Avail Info: Existing Survey Flooring: Other Cooling: Central Heating: Other Fire Protect: Smoke Alarm Tenant Pays: Electric; Water Utilities: Public Sewer; Public Water Roof: Other Terms Considered: Cash; Conventional Lease: None Possession: At Closing
Listing Office: Ocean Delray Real Estate
Last Updated: October - 31 - 2023
2400 N Federal Highway, Delray Beach, FL 33483- MLS# RX-10890676
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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popdevteam2400 N Federal Highway, Delray Beach, FL 33483 (MLS# RX-10890676)