REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Armando Delgado

armandodelgado@delgadoshomes.com +1(786) 210-4604

$ 1,500,000

Est. payment | -/mo

0.52 Acres Lot

Save Virtual Tour

$ 1,500,000

Est. payment | -/mo

Save Virtual Tour

0.52 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Lee Manor Isles

MLS Listing ID A11844010

HOA Y/N No

Annual Tax Amount $14,702

Tax Year 2024

Lot Size 0.520 Acres

Acres 0.52

Property Description

“Coastal Infill Development Site | Multifamily / Live Local / Mixed-Use”. The subject property offers a rare opportunity to develop a highly visible infill site along South Federal Highway, one block from the Intracoastal and surrounded by established multifamily and daily-needs retail. Zoned MU-1 (Mixed-Use Urban), the site allows for a broad range of by-right uses including residential, retail, medical, and office, providing multiple viable development paths depending on investor strategy. With ±22,668 SF of land area, up to 4 stories, and FAR of 2.5 (±56,670 buildable SF), the property supports a variety of scaled, efficient projects in a supply-constrained coastal corridor. CRA = LOWER BASIS + FASTER APPROVALS: • Public incentives can offset development costs and improve returns. • Reduced effective land basis through grants and reimbursements. • Municipality aligned with redevelopment and higher density. • Streamlined approvals within a pro-development framework. • Strong public investment driving rent growth and absorption. • Active pipeline of CRA-backed projects validating the submarket.

Location

State FL

County Palm Beach

Community Lee Manor Isles

Area 4210

Zoning C1

Exterior

Utilities Available None, Sewer Not Available

Present Use Commercial,Unimproved

Private Pool Yes

Building

Lot Description <1 Acre

Sewer None

Water Public

Others

Tax ID 08434527050000021

Acceptable Financing Cash, Owner May Carry

Listing Terms Cash, Owner May Carry

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11844010

Miami Association of Realtors (SEFMIAMI MLS)

Listed by RE/MAX 360 Real Estate

GET MORE INFORMATION

Armando Delgado

Broker-Associate

armandodelgado@delgadoshomes.com

+1(786) 210-4604

1400 S International Parkway Suite 1020, Lake Mary, FL 32746

Address not disclosed Boynton Beach, FL 33435

Armando Delgado

Key Details

Location

Exterior

Building

Others

Address not disclosed