2410 Federal HwyDelray Beach, FL 33483

Property Details for 2410 Federal Hwy

Year built

1970

Construction

WOOD

Lot size

1.61 AC

Property size (Sq ft)

3,694 SF

Zone code

GC

Property type

Retail properties

Property subtype

Turn key restaurants

APN

12-43-46-04-08-000-0090

APU

12434604080000090

Description

This exceptional 8,656 sq ft restaurant property at 2410 N Federal Highway, Delray Beach, FL 33483, is available for $8,100,000. Built in 1970, the vacant single-unit property sits on a 1.61-acre lot (lot size not precisely recorded) and offers a 6.00% cap rate. Currently zoned for restaurant use, the property presents a unique opportunity for various ventures. Reimagine it as a classic eatery, repurpose it for retail, or capitalize on its prime location and zoning to develop 18 luxury townhomes, as currently envisioned. The property boasts exceptional visibility and accessibility, situated on Federal Highway with prominent frontage on Old Dixie Highway, just 2 miles north of Atlantic Avenue. The NNN lease type and vacant occupancy provide flexibility for the new owner. This is a rare chance to acquire a significant property in a thriving Delray Beach location. The property's size and location make it an ideal investment for those seeking high-return potential and redevelopment opportunities. The existing structure offers a solid foundation for immediate use or a complete transformation. Don't miss this chance to own a piece of Delray Beach's vibrant commercial landscape.

Location Insight

City

Delray Beach

County

Palm Beach

State

Florida

Latitude

26.488

Longitude

-80.0652

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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