Delray Beach, FL 33444,248 SE 1st AVE
Delray Beach, FL 33444,248 SE 1st AVE
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Listed by Compass Florida LLC
$ 2,400,000
Est. payment | /mo

0.32 Acres Lot


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$ 2,400,000
Est. payment | /mo
Save

0.32 Acres Lot

Key Details

Property Type Single Family Home, Vacant Land

Sub Type Single Family Detached

Listing Status Active

Purchase Type For Sale

Subdivision Delray Town Of

MLS Listing ID RX-11101912

HOA Y/N No

Annual Tax Amount $18,181

Tax Year 2024

Lot Size 0.318 Acres

Property Sub-Type Single Family Detached

Property Description

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!

Location

State FL

County Palm Beach

Area 4370

Zoning RM(cit

Exterior

Utilities Available None

Exposure East

Building

Lot Description 1/2 to < 1 Acre, 1/4 to 1/2 Acre

Others

Acceptable Financing Cash, Conventional

Horse Property No

Listing Terms Cash, Conventional

Financing Cash,Conventional

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248 SE 1st AVE