Home » Delray Beach » 2410 N Federal Highway, Delray Beach, FL 33483 | R11042956/RX-11042956

Multi Family For Sale 2410 N Federal Highway, Delray Beach, FL 33483

$8,500,000
Price has increased by $400,000

Property Highlights

Listing ID R11042956/RX-11042956 Status of this Listing: Active For Sale Property Type Commercial Sale Multi Family Year Built 2025 Time of this property on Rebonus 59 Day(s)

2410 N Federal Highway, Delray Beach, FL 33483

Property Description: Join an exciting development project in the heart of Delray Beach! This 1.71-acre mixed-use site offers incredible potential, with approved plans for 18 luxurious, 3-level townhomes. Strategically located along Federal Highway with additional frontage on Old Dixie Highway. Each townhome features approximately 3,000 sq. ft., 3 bedrooms with en-suite bathrooms, covered balconies, and 2-car garages. Alternatively, the charm of Ellie 's 50s Diner can be preserved to restore its legacy, or the space can be repurposed into a vibrant retail hub, offering even more flexibility to maximize its value.Delray Beach is thriving, and this is your chance to invest in a prime location with limitless possibilities. Don 't miss this transformative opportunity

Useful Info

Previous Asking Price:$8,100,000
Original List Price:$8,100,000

Land Lot (Parcel) Details

Lot Size Acres:1.71

Construction

Levels:One
Flooring:
  • Other
Stories:3

Property Features

Waterfront:No
Security:
  • Fire Sprinkler System
Roof:
  • Other
Air Conditioning System:
  • Other
Heating System:
  • Other

Taxes and Expenses

Tax Annual Amount:$79,838

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
Lease Considered:No

Community

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

Parking

Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Electricity Available
  • Sewer Available
  • Water Available

More Details

Other Information:
Data exchange original Listing NumberRX-11042956
Ref1097336983

Zoning and Legal

Tax Legal Description:DELRAY BEACH ESTATES LTS 9 & 10 & E 20 FT OF 80 FT ABND PT OF OLD DIXIE HWY LYG W OF & ADJ TO
Real Estate Folio Number (Parcel Number):12434604080000090
Zoning Description:GC(cit

Listing History

Update/EventDate/Days
Published Date:December 6, 2024 3:15 pm
On Market Date:December 6, 2024
Listing Contract Date:December 6, 2024
Price Change Date Time:January 22, 2025 12:00 am
Last Important Update Description:Price Change
Date and Time of Last Important Update:January 22, 2025 11:04 am
Status Last Changed:December 6, 2024 12:00 am
Photos Last Modified:December 6, 2024 9:54 pm
Last Modified:January 29, 2025 4:43 pm
Days on the Market Reference Date:January 29, 2025
Days on the Market (updated on Last Modified*):54
Cumulative Days on the Market (updated on Last Modified**):611

Additional Information

Lot Size Range:,
Number of Photos:10
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-12434604080000090-R-N

Location

Show Property Address:Yes
Street Name:Federal Highway
Street Number:2410
Street Direction Prefix:N
Street Address:2410 N Federal Highway
City : Delray Beach
State : Florida
Zip Code : 33483
County : Palm Beach
Full Address:2410 N Federal Highway, Delray Beach, FL 33483
Latitude:N26° 29' 16.7''
Longitude:W81° 56' 5.3''

Neighborhood

Postal City:Delray Beach

Property Map