Address248 Se 1St Av, Delray Beach, FL, 33444

Price$1,999,000

  • Land

    Prime Development Opportunity! This corner lot is perfectly poised for transformation in the heart of Downtown Delray. Its strategic location conveniently positioned just 3 blocks from Atlantic Ave & near Delray's inviting beaches, offers an unparalleled opportunity for visionary investors and developers to shape the future of this ever-flourishing neighborhood. With its coveted proximity to the bustling hub of Atlantic Ave, renowned for its eclectic mix of shops, restaurants, and cultural experiences, this development site has completed schematic designs by renowned Silberstein Architecture. Future developer has the ability/benefit of stepping into the current schematic design, accelerating the permit submission process. The current plans display a possible (3) luxury condominium designfor the site, seamlessly blending urban convenience with coastal charm. Development Details and Renderings available upon request. As you explore the area, you'll witness the winds of development sweeping through, notably with the Sundy Village redevelopment project just a few blocks away. This is a testament to the area's momentum and the endless possibilities for growth and investment. Don't let this opportunity slip through your fingers. The time is ripe to turn your vision into reality and leave an indelible mark on this highly sought-after, and rare development opportunity.

    Essential Information

    • MLS® #RX-10987210
    • Price$1,999,000
    • HOA Fees$0
    • Taxes$17,994 (2023)
    • Acres0.00
    • TypeLand
    • StyleNo
    • StatusActive

    Community Information

    • Address248 Se 1St Av
    • Area4370
    • SubdivisionDELRAY TOWN OF
    • CityDelray Beach
    • CountyPalm Beach
    • StateFL
    • Zip Code33444

    Sub-Type

    Residential, Single Family Detached

    Office

    Douglas Elliman (Palm Beach)

    Amenities

    • UtilitiesElectric

    Exterior

    • Lot Description1/4 to 1/2 Acre

    Additional Information

    • Days on Website32
    • ZoningRM(cit

    Listing Details

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    Price Change History for 248 Se 1St Av, Delray Beach, FL (MLS® #RX-10987210)

    Date Details Change
    Status Changed from New to Active

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    Listing information last updated on June 15th, 2024 at 4:00pm EDT.

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