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.

Key Features

• Built in 1949

Property Details

• Type: Single Family Home
• Year Built: 1949
• Sq Ft: 2,556
• Price / Sq Ft: $1,487
• HOA: Contact Agent
• Bedrooms: 5
• Bathrooms: 3
• Feature: Built in 1949
• Status: Active
• MLS Number: 1193205118
• Days on Market: 2
• Listed By: Steadfast Realty LLC · Jack Hinkel
• Zip Code: 33483