Prime Delray Beach Land Assemblage & Investment OpportunityThis exceptional offering presents a rare opportunity to acquire a contiguous three-parcel land assemblage totaling more than one acre, strategically located just three blocks north of Atlantic Avenue in the heart of East Delray Beach. Positioned along highly visible Federal Highway, this… Read More unique asset offers an attractive combination of immediate cash flow, value-add potential, and long-term redevelopment opportunities in one of South Florida's most sought-after coastal markets. The property is currently improved with multiple income-producing buildings that generate strong, stable rental income, providing investors with immediate returns while preserving significant future upside. Additional value can be realized through leasing vacant suites, optimizing rental rates to market levels, or pursuing redevelopment under the property's favorable zoning.nvestment HighlightsOver 1 acre of contiguous land with desirable CBD zoning, allowing for high-density mixed-use redevelopment.Prime East Delray Beach location on Federal Highway, just three blocks from the vibrant shops, restaurants, and entertainment of Atlantic Avenue. Excellent accessibility, with convenient access to Interstate 95 and minutes from Delray Beach's award-winning beaches. Strong in-place cash flow supported by high occupancy and consistent rental income. Value-add opportunity through lease-up of vacant suites and market rent adjustments. Read Less
Courtesy of Xcellence 866-595-6025
Listing Snapshot
Days Online
1
Last Updated
Property Type
Mixed Use
Square Ft.
12,077
Lot Size
0.57 Acres
Year Built
1982
MLS Number
A12049834
30 Days Snapshot Of 33483
$3.45M
+115%
(avg) sold price
3
-88%
homes sold
121
-3%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1982, Toal building area: 12077
Lot
0.57 acres
Property
Zoning: CBD (cit
Taxes
Annual amount: $11,315
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