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Status:
Active
Size: 1.71 Acres (6,909 m2)
Price: $4,619,883/Acre ($1,144/m2)
Type: Land
MLS Number: F10550155
On Site: 53 Days
Updated: 41 Days ago
Page Views: 0
City Approved Plans Are In Place For A Premier Residential Development In The Heart Of Delray Beach. This 1.71 Acre Mixed Use Site Is Entitled For 18 Luxury Three-story Townhomes In A Prime Location With Frontage On Federal Highway And Old Dixie Highway. Each Residence Is Designed With Approximately 3,000 Square Feet, Three Bedrooms With En-suite Bathrooms, Covered Balconies, And Two-car Garages. The Property Also Offers Flexibility To Preserve And Restore The Iconic Ellie’s 50s Diner Or Redevelop The Space Into A Vibrant Retail Component. With Delray Beach Experiencing Strong Growth, This Is A Rare Opportunity To Invest In A High Visibility Location With Exceptional Upside.
Features
All features
- Current Use: Commercial, Unimproved
- Approx SqFt Total Area: 74364
- Property SqFt: 74364
- Remarks: City approved plans are in place for a premier residential development in the heart of Delray Beach. This 1.71 acre mixed use site is entitled for 18 luxury three-story townhomes in a prime location with frontage on Federal Highway and Old Dixie Highway. Each residence is designed with approximately 3, 000 square feet, three bedrooms with en-suite bathrooms, covered balconies, and two-car garages. The property also offers flexibility to preserve and restore the iconic Ellie’s 50s Diner or redevelop the space into a vibrant retail component. With Delray Beach experiencing strong growth, this is a rare opportunity to invest in a high visibility location with exceptional upside.
- Internet Remarks: City approved plans are in place for a premier residential development in the heart of Delray Beach. This 1.71 acre mixed use site is entitled for 18 luxury three-story townhomes in a prime location with frontage on Federal Highway and Old Dixie Highway. Each residence is designed with approximately 3, 000 square feet, three bedrooms with en-suite bathrooms, covered balconies, and two-car garages. The property also offers flexibility to preserve and restore the iconic Ellie’s 50s Diner or redevelop the space into a vibrant retail component. With Delray Beach experiencing strong growth, this is a rare opportunity to invest in a high visibility location with exceptional upside.
- Waterfront: No info
- Days on Market: 10
- Compass Point: N
- Office Name: Serhant
- Area: 1.71
- Taxes: 80415
- Tax Year: 2024
- Listing Date: 2026-02-08T19:00:00.000-00:00
- Lot Size Square Feet: 74364
Apples-to-Apples Comparables
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Price History
02/19/2026
Date
Listed
Event
$7.9M
Price
$106 ft2 / $1,144 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Renee Strack • Serhant • Buyer Agency Compensation .
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