$3,800,000

For sale

824 NE 9TH Avenue, Delray Beach FL 33483

5 beds3 baths2,556 sq ftBuilt 1949MLS# B26088889

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About this property

RARE LUXURY DEVELOPMENT OPPORTUNITY IN EAST DELRAY BEACH! Exceptional opportunity to acquire a prime 0.38-acre parcel just ½ mile from the beach, ideally located off prestigious George Bush Boulevard and surrounded by multimillion-dollar estates and luxury townhome communities. This highly desirable coastal location offers the potential to develop up to FIVE luxury townhomes, subject to city approvals. An ideal setting for an exclusive boutique development featuring upscale contemporary residences designed to attract discerning luxury buyers. Conveniently located minutes from Atlantic Avenue's world-class dining, shopping, and entertainment. The property currently features an existing single-family residence, with redevelopment representing its highest potential use. Opportunities to acquire land of this size in such a coveted coastal location are increasingly rare. A PREMIER OPPORTUNITY FOR BUILDERS, DEVELOPERS, AND INVESTORS! Buyer responsible for verifying zoning, density, development feasibility, and all required approvals with the City of Delray Beach. Proposed renderings, if provided, are conceptual only and have not received city approval.

Features

  • Garage

Property details

Property type
Single family
Year built
1949
Living area
2,556 sq ft
Price per sq ft
$1,487
HOA fee
/mo
Property taxes
$3,348/yr
Parking
10 spaces
Building / community
FREY SOPHIA ADD TO DELRAY,Sophia Frey
Status
For sale
MLS #
B26088889

Listing courtesy of Steadfast Realty LLC.

Location

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