City approved plans are in place for a premier residential development in the heart of Delray Beach. This 1.71 acre mixed use site is entitled for 18 luxury three-story townhomes in a prime location with frontage on Federal Highway and Old Dixie Highway. Each residence is designed with approximately 3,000 square feet, three bedrooms with en-suite bathrooms, covered balconies, and two-car garages. The property also offers flexibility to preserve and restore the iconic Ellie’s 50s Diner or redevelop the space into a vibrant retail component. With Delray Beach experiencing strong growth, this is a rare opportunity to invest in a high visibility location with exceptional upside.
2410 N Federal Highway
Delray Beach, FL 33483
HIGHLIGHTS
Price
$7,900,000
Status
Active
Lot Size
1 to < 2 acres
MLS Number
F10550155
SANCTUARY
Property Details
Exterior
Private Pool
No
Waterfront
No
Dwelling & Lot
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
Lot Dimensions
1 to < 2 acres
Community
Subdivision
Delray Beach Estates
Governing Body
HOA
Taxes
$80,415.00
Security
Security Patrol
Pets Allowed
Yes
Listing Courtesty of Renee Nicole Strack at Serhant
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