Multifamily (5+ units) For Sale

2410 N Federal Highway, Delray Beach, FL 33483

$8,500,000
1.71
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

Basic Details
Listing Type : For Sale
Price : $8,500,000
Property Sub Type : MultiFamily (5+ Units)
Features
: Other
Other
Other
No
Other
Location
US
FL
Palm Beach
Delray Beach
33483
From 95 - Atlantic Ave E, N on NE 6th Ave, property on W side of Federal Highway
2410 N Federal Highway, Delray Beach, Fl 33483
Extended Details
Virtual Tour URL
DELRAY BEACH ESTATES
Cash,Conventional
Electric,Municipal Water,Public Sewer
18
GC(cit
Yes
2024
At Closing,Funding
$0
Compass Florida LLC
Mark C Barone
8100000.00
3.0
100.00
79838.10
beachesmls
Property TypeMultifamily (5+ units)
StatusActive
Listing IDRX-11042956
Year Built2025
Lot Area1.71
Mortgage Calculator
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Realtyna

Nadereh (Nana) Rezaie, P.A.  Broker Associate, Certified Luxury Home Marketing Specialist™ GUILD™

Nana Rezaie 561-660-1948

Office: 561-472-1236 1400 Corporate Center Way, Second Floor, Wellington, FL 33414 Each office independently owned and operated.

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