Downtown Delray, 248 SE 1st Ave Delray Beach, 33444

$1,999,000Price
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MLS Number: R10987210
On Site: 191 Days
Updated: 9 Days ago
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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 design
Features
All features
Approx SqFt Total Area: 13861
Property SqFt: No info
Remarks: 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 design
Internet Remarks: 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 design
Waterfront: No info
Days on Market: 181
Compass Point: SE
Office Name: Douglas Elliman
Area: 13861
Taxes: 17994
Tax Year: 2023
Listing Date: 2024-05-14T12:29:08.000-00:00
Lot Size Square Feet: 13861
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Price History
05/14/2024

Date

Listed

Event

$2M

Price

$∞ ft2 / $∞ m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Claudia Fisher • Douglas Elliman • Buyer Agency Compensation .

Instant Comparative Market Analysis
$NaN/ft²

Unit 248 SE 1st Ave – Asking

$NaN/ft²

(0%) from Closed Medium $/ft²

Closed Medium $/ft²

$439/ft²
Community $/Price Range (Closed) $186/ft² – $1447/ft²
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