For Sale
$4,600,000

1405 Federal HwyDelray Beach, FL 33483

Nine Luxury Condos, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 0.15-acre lot, located at 1405 N Federal Highway in Delray Beach, Florida (zip code 33483), presents a prime opportunity for developers. Zoned GC, this property boasts fully approved plans for the construction of nine luxurious condominiums, each spanning 2,500 square feet. The development offers a unique blend of commercial and residential potential, catering to the high demand for upscale living in this desirable area of Palm Beach County. Detailed architectural plans and renderings have already been completed by GE Architecture, Inc., streamlining the development process and minimizing potential delays. The lot itself measures approximately 136 feet by 202 feet, providing ample space for the proposed nine-unit condominium complex. This turnkey project offers a significant return on investment, given the prime location and the fully approved plans. The asking price for this exceptional development opportunity is $4,600,000. Don't miss this chance to capitalize on the thriving Delray Beach real estate market.

Highlights

  • 0.15-acre lot in Delray Beach, FL (33483) at 1405 N Federal Highway.
  • GC zoning with approved plans for a nine-unit condominium development.
  • Each condo unit will be 2,500 square feet.
  • Detailed architectural plans by GE Architecture, Inc. are complete.
  • Lot dimensions are approximately 136' x 202'.
  • Asking price: $4,600,000.

Property Details for 1405 Federal Hwy

Property type
Land
Lot Size (sq. ft)
6,534 SF

Location Insight

City
Delray Beach
County
Palm Beach
State
Florida
Latitude
26.4798422
Longitude
-80.0660246
1405 Federal Hwy, Delray Beach, Florida

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1405 Federal Hwy
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