For Sale
$10,000,000

0 Congress AveBoca Raton, FL 33487

Prime 5-acre development site, approved plans.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 4.8-acre vacant land parcel in Boca Raton, Florida, presents a unique investment opportunity. Located on Congress Ave in Palm Beach County, zip code 33487 (latitude 26.4083199, longitude -80.102363), the property is offered at $10,000,000. The site boasts pre-approved plans for the construction of an assisted living facility, eliminating significant pre-development hurdles and expediting the project timeline. This significantly reduces risk and allows for a faster return on investment. The substantial acreage provides ample space for a large-scale development, catering to the growing demand for senior care services in the vibrant Boca Raton market. The property's strategic location on Congress Ave offers excellent visibility and accessibility, ensuring convenient access for residents and their families. All necessary approvals are in place, making this a turnkey opportunity for experienced developers or investors seeking a high-yield, low-risk venture in the thriving Florida real estate market. This is a rare chance to acquire a fully permitted site ready for immediate development, representing a significant advantage in today's competitive market. Serious inquiries only.

Property Details for 0 Congress Ave

Property type
Specialty properties

Location Insight

City
Boca Raton
County
Palm Beach
State
Florida
Latitude
26.4083199
Longitude
-80.102363
Congress Ave, Boca Raton, Florida

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0 Congress Ave
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