248 SE 1st Ave

Beds
0.32
Acre
$6,875,000
$/Acre
Sold - Apr 15, 2026
Land
Unlock the potential of this prime 0.32-acre parcel, ideally located near the heart of Delray Beach's vibrant Atlantic Avenue and surrounded by ongoing and future luxury developments. This offering includes architectural plans and renderings for either three sophisticated townhomes or a boutique condominium project, thoughtfully designed for today's modern luxury lifestyle. With strong demand for high-end residences in this fast-growing corridor, this is a rare chance to develop a standout project in one of the most desirable areas in South Florida. A must-see opportunity for developers and investors alike!
MLS Number: R11101912
On Site: 451 Days
Updated: 154 Days ago
Page Views: 0

Features

All features
  • Current Use: MultiFamily, SingleFamily
  • Approx SqFt Total Area: 13862
  • Property SqFt: 13862
  • Remarks: Unlock the potential of this prime 0.32-acre parcel, ideally located near the heart of Delray Beach's vibrant Atlantic Avenue and surrounded by ongoing and future luxury developments. This offering includes architectural plans and renderings for either three sophisticated townhomes or a boutique condominium project, thoughtfully designed for today's modern luxury lifestyle. With strong demand for high-end residences in this fast-growing corridor, this is a rare chance to develop a standout project in one of the most desirable areas in South Florida. A must-see opportunity for developers and investors alike!
  • Internet Remarks: Unlock the potential of this prime 0.32-acre parcel, ideally located near the heart of Delray Beach's vibrant Atlantic Avenue and surrounded by ongoing and future luxury developments. This offering includes architectural plans and renderings for either three sophisticated townhomes or a boutique condominium project, thoughtfully designed for today's modern luxury lifestyle. With strong demand for high-end residences in this fast-growing corridor, this is a rare chance to develop a standout project in one of the most desirable areas in South Florida. A must-see opportunity for developers and investors alike!
  • Waterfront: No info
  • Directions: East
  • Days on Market: 241
  • Closing Date: 2026-04-15
  • Compass Point: SE
  • Office Name: Compass Florida LLC
  • Taxes: 18181.5
  • Tax Year: 2024
  • Listing Date: 2025-06-22T20:00:00.000-00:00
  • Lot Size Square Feet: 13862

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Price History

Current
$2.2M
High
$2.4M
Low
$2.2M
Total Change
-8.3%
$2.4M$2.3M$2.2MJun 25Apr 26Apr 26
Date
Event
Price
Change
Price Per
04/15/2026
Sold
$2.2M
0%
$159 ft2
$1,708 m2
04/15/2026
Price Reduced
$2.2M
-8.33%
$159 ft2
$1,708 m2
06/24/2025
Listed
$2.4M
 
$173 ft2
$1,864 m2
04/15/2026
$2.2M
Event
Sold
Change
0%
Price Per
$159 ft2
$1,708 m2
04/15/2026
$2.2M
Event
Price Reduced
Change
-8.33%
Price Per
$159 ft2
$1,708 m2
06/24/2025
$2.4M
Event
Listed
Price Per
$173 ft2
$1,864 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Mark BaroneCompass Florida LLC • Buyer Agency Compensation .

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