$8,000,000
Delray Beach, FL 33483
MLS# RX-11042956
4 baths | 8656 sqft
1 / 10
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
Details
Contract Information
Auction: No
List Price/Bldg SqFt: 924.21
Status: Active
Original List Price: 8100000
List Price: $8,000,000
Current Price: $8,000,000
Listing Date: 2024-12-06
General Property Description
For Sale: Yes
For Lease: No
Property Desc: Rest/Redevelopment
Acres: 1.71
Waterfront: No
SqFt Source: Tax Rolls
# of Stories: 3
Total Units: 18
% Air Conditioned: 100
Type: MultiFamily (5+ Units)
Subdivision: DELRAY BEACH ESTATES
Year Built: 2025
SqFt - Living: 8656
Baths - Total: 4
Location, Tax & Legal
Geo Area: PB06
Country: United States
State/Province: FL
Tax Year: 2024
Zoning: GC(cit
Real Estate Taxes: 79838.1
Area: 4360
County: Palm Beach
Parcel ID: 12434604080000090
Street #: 2410
Street Dir: N
Street Name: Federal
Street Suffix: Highway
Zip Code: 33483
Legal Desc: DELRAY BEACH ESTATES LTS 9 & 10 & E 20 FT OF 80 FT ABND PT OF OLD DIXIE HWY LYG W OF & ADJ TO
Geo Lat: 26.487972
Geo Lon: -80.065201
Remarks & Misc
Directions: From 95 - Atlantic Ave E, N on NE 6th Ave, property on W side of Federal Highway
Office/Member Info
DXORIGMLNO: RX-11042956
DXORIGMLSID: RML
Type of Building
Commercial: 1
Free Standing: 1
Office/Retail: 1
Restaurant: 1
Retail: 1
Sale Includes
Building and Land: 1
Avail Info
Existing Survey: 1
Avail Docs
Survey: 1
Cooling
Other: 1
Heating
Other: 1
Tenant Pays
None: 1
Use
Mixed: 1
Flooring
Other: 1
Utilities
Electric: 1
Municipal Water: 1
Public Sewer: 1
Fire Protect
Sprinkler: 1
Roof
Other: 1
Terms Considered
Cash: 1
Conventional: 1
Lease
None: 1
Property Features
Use: Mixed
Type of Building: Commercial; Free Standing; Office/Retail; Restaurant; Retail
Sale Includes: Building and Land
Avail Docs: Survey
Avail Info: Existing Survey
Flooring: Other
Cooling: Other
Heating: Other
Fire Protect: Sprinkler
Tenant Pays: None
Utilities: Electric; Municipal Water; Public Sewer
Roof: Other
Terms Considered: Cash; Conventional
Lease: None
Listing Office: Compass Florida LLC
Last Updated: December - 30 - 2025
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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