For Sale
$2,690,000

1600 Federal Hwy Delray Beach, FL 33483

Prime Hwy Location, Redevelopment Potential

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 3,608 square foot special purpose property, located at 1600 N Federal Highway in Delray Beach, Florida, presents a unique investment opportunity. Built in 1954, the property currently operates as a ten-unit motel with on-site parking, catering to daily fee guests. Its strategic location offers direct US1 frontage, maximizing visibility and accessibility. The property is zoned for general commercial use, opening doors to a wide range of redevelopment possibilities. Envision a mixed-use project, a vibrant restaurant, or modern office space – the potential is vast. The asking price is $2,690,000. This property is being sold "as is." The lot size is not specified. Please note that the property includes two units and is situated in the desirable Palm Beach County, zip code 33483. Given its prime location and flexible zoning, this property is an ideal canvas for a savvy investor seeking a high-impact project in a thriving Florida market. Serious inquiries only; please refrain from disturbing guests or employees.

Highlights

  • Asking Price: $2,690,000
  • Special Purpose Property, 3,608 square feet
  • Two units
  • Built in 1954
  • Located at 1600 N Federal Highway, Delray Beach, FL 33483, on US-1 with on-site parking. Currently operating as a 10-unit motel, zoned General Commercial. High redevelopment potential for mixed-use projects. Sold as-is.

Property Details for 1600 Federal Hwy

Property type
Specialty properties
Square Feet
3,608 SF
Year Built
1954
Units
2

Location Insight

City
Delray Beach
County
Palm Beach
State
Florida
Latitude
26.4811301
Longitude
-80.0664536

FAQs

What type of property is this?
Specialty property - Prime Hwy Location, Redevelopment Potential
Where is the specialty property located?
The property is located at 1600 Federal Hwy Delray Beach, FL.
What is the asking price?
The asking price for this property is $2,690,000.
What are key features of this property?
This property features: Asking Price: $2,690,000; Special Purpose Property, 3,608 square feet; Two units
How can I contact the broker?
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1600 Federal Hwy
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