Home » Delray Beach » 2400 N Federal Highway, Delray Beach, FL 33483 | R11042955/RX-11042955

Mixed Use For Sale 2400 N Federal Highway, Delray Beach, FL 33483

$7,200,000

Property Highlights

Listing ID R11042955/RX-11042955 Status of this Listing: Active For Sale Property Type Commercial Sale Multi Family Year Built 2025 Time of this property on Rebonus 49 Day(s)

2400 N Federal Highway, Delray Beach, FL 33483

Property Description: Discover a Prime Investment and Redevelopment Opportunity in Delray Beach Located just off Federal Highway in the vibrant city of Delray Beach, this approved project offers an extraordinary opportunity to create a luxury community of 16 sophisticated condos. These thoughtfully designed residences feature spacious 2-3 bedroom layouts, each exceeding 2,500 sq. ft. of elegant living space. A selection of condos includes private garages with direct access to the units, offering added convenience for future homeowners. The site plans also feature exceptional resort-style amenities, such as a pool, clubhouse, cabanas, and an outdoor kitchen, enhancing the appeal of this exclusive community. This project is perfect for someone ready to seize the opportunity to make their mark in Delray Beach!

Useful Info

Original List Price:$7,200,000

Land Lot (Parcel) Details

Lot Size Acres:1.37

Construction

Levels:One
Flooring:
  • Other
Stories:4

Property Features

Waterfront:No
Security:
  • Smoke Detector(s)
Roof:
  • Other
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating System:
  • Other

Taxes and Expenses

Tax Annual Amount:$53,255

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2024

Terms

Documents Available:
  • Survey
Listing Terms Considered by Seller:
  • Cash
  • Conventional
Buyer Possession:
  • Closing & Funding
  • Close Of Escrow
Tenant Pays:
  • Exterior Electric
  • Water
Lease Considered:No

Community

Subdivision Name:DELRAY BEACH ESTS
Complex Name:DELRAY BEACH ESTS
Senior Community:No

Parking

Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Sewer Available
  • Water Available
Water Source:
  • Public

More Details

Other Information:
Data exchange original Listing NumberRX-11042955
Ref1097336982

Zoning and Legal

Tax Legal Description:PBT REPL 1 LT 2
Real Estate Folio Number (Parcel Number):12434604300000020
Zoning Description:GC(cit

Listing History

Update/EventDate/Days
Published Date:December 6, 2024 3:14 pm
On Market Date:December 6, 2024
Listing Contract Date:December 6, 2024
Last Important Update Description:New Listing
Date and Time of Last Important Update:December 6, 2024 3:23 pm
Status Last Changed:December 6, 2024 12:00 am
Photos Last Modified:December 9, 2024 8:43 pm
Last Modified:January 23, 2025 9:52 pm
Days on the Market Reference Date:January 23, 2025
Days on the Market (updated on Last Modified*):48
Cumulative Days on the Market (updated on Last Modified**):611

Additional Information

Lot Size Range:,
Number of Photos:12
Location:,
Included:Building & Land,,
Geographical Area:Palm Beach 4220a; 4230b; 4360a; 4370b
Area:4360
Automated Valuation Display:Yes
Courtesy of:Compass Florida LLC
Universal Property Id:US-12099-N-12434604300000020-R-N

Location

Show Property Address:Yes
Street Name:Federal Highway
Street Number:2400
Street Direction Prefix:N
Street Address:2400 N Federal Highway
City : Delray Beach
State : Florida
Zip Code : 33483
County : Palm Beach
Full Address:2400 N Federal Highway, Delray Beach, FL 33483
Latitude:N26° 29' 14.1''
Longitude:W81° 56' 5.3''

Neighborhood

Postal City:Delray Beach

Property Map