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About This Property
Qualified Opportunity Zone Development Sites in the Heart of Delray Beach comprising of two joined 0.16 Acre properties totaling 13,940 SF of developable land, Right on SW 6th Ave adjacent to the CRA's 6 Acres Development Site Fronting Atlantic Ave between SW 6th Ave & SW 9th Ave. Located less than one block from vibrant Atlantic Avenue and surrounded by numerous transformative projects currently progressing through the pipeline, this deal is ripe for development. Whether you are looking to develop, hold, or capitalize on the upcoming growth West of 5th Avenue, this portfolio is an incredible opportunity for an experienced developer. Available at $900,000, less than $65/SF, this Development site includes: A duplex collecting more $4300/month and a contiguous vacant parcel totaling 13,940 SF of developable land. Positioned directly adjacent to the highly anticipated 6 acres 3 full city block mixed use redevelopment project off Atlantic Ave stretching 6th Ave to 9th Ave dubbed ALTA WEST to be anchored by a 20,000+ SF grocery store. Investors can benefit from significant federal tax advantages, including the ability to defer or potentially eliminate capital gains taxes through Opportunity Zone incentives. This property is a standout offering in one of South Florida’s fastest-growing corridors.
Property Features
County
Palm Beach County
Section
16
Area
Subdivision
DELRAY TOWN OF
Interior
Cooling
Bedrooms
Floors
Full Baths
Appliances
Heating
Style
Garage Spaces
Construction/Exterior
Patio / Deck Description
Exterior
Has a Pool
Possession
Funding
Lot Size in Acres
0.33
Water
Municipal Water
Sewer
Other
Lot Size in Sq. Ft.
14000
Has Waterfront
No
Parking Description
View
Has Garage
No
Roof/Attic
Senior Community
No
Other Utilities
Electricity Connected, Irrigation Water, Cable Available, Electricity Available, Other, Sewer Available, Water Available
Property Type
Commercial Land
Pets
Property SubType 2
Commercial
Tax Year
2025
Year Built
Tax Amount
$6005
APN
NA
Square Feet Source
NA
Map
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