824 Ne 9th Avenue, Delray Beach, FL 33483

$3,800,000
5
BD
3
BA
2,556
SqFt

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List Price
$3,800,000
MLS#
B26088889
Subdivision
Frey Sophia Add To Delray
Status
ACTIVE
Type
Single Family Residential
Bedrooms
5
Full baths
3
Living Area
2,556

Property Description

RARE LUXURY DEVELOPMENT OPPORTUNITY IN EAST DELRAY BEACH! Exceptional opportunity to acquire a prime 0.38-acre parcel just ½ mile from the beach, ideally located off prestigious George Bush Boulevard and surrounded by multimillion-dollar estates and luxury townhome communities. This highly desirable coastal location offers the potential to develop up to FIVE luxury townhomes, subject to city approvals. An ideal setting for an exclusive boutique development featuring upscale contemporary residences designed to attract discerning luxury buyers. Conveniently located minutes from Atlantic Avenue's world-class dining, shopping, and entertainment. The property currently features an existing single-family residence, with redevelopment representing its highest potential use. Opportunities to acquire land of this size in such a coveted coastal location are increasingly rare. A PREMIER OPPORTUNITY FOR BUILDERS, DEVELOPERS, AND INVESTORS! Buyer responsible for verifying zoning, density, development feasibility, and all required approvals with the City of Delray Beach. Proposed renderings, if provided, are conceptual only and have not received city approval.

Additional Information

Days on Market
3
View
Garden
Tax Amount
$3,348
Parcel Number
12434609160040161
#Garage Spaces
2
Bedroom Description
None
Front Exposure
East
Exterior Features
None
Parking Restrictions
2 Or More Spaces, Driveway, Parking Garage
Pet Restrictions
Yes
Pets Allowed
Yes
Address
824 Ne 9th Avenue, Delray Beach
SqFt Liv Area
2,556
Year Built
1949
Design
Other, One Story
Development Name
Frey Sophia Add To Delray, Sophia Frey
Style
House
Senior High School
Atlantic
Restrictions
No Leasing, No Lease, See Broker Remarks
Construction Type
CBS Construction, Slab Construction, Stucco
Interior Features
No Interior Features

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Listing Courtesy of Steadfast Realty LLC, Contact: