Bought with The Knight Group
$5,750,000
$5,750,000
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134 SE 1st AVE Delray Beach, FL 33444
Key Details
Sold Price $5,750,000
Property Type Vacant Land
Sub Type Commercial Land
Listing Status Sold
Purchase Type For Sale
Subdivision Sundy & Cromer
MLS Listing ID RX-10890759
Sold Date 05/22/23
HOA Y/N No
Annual Tax Amount $13,275
Tax Year 2022
Property Sub-Type Commercial Land
Property Description
***Assembly of 4 parcels (130, 134, 148 Se 1st Ave and 19 Se 2nd Street) TOTAL of 0.97 Acres. Downtown Delray has been a hotspot for a number of years and new construction surrounds the area and many new developments are planned in the area. Prime opportunity to develop almost an acre in the downtown area. Over one billion in new private development in close proximity including 3 hotels, IPIC theater, 3 condo bldgs., 4 rental communities, retail and office space all within a few blocks of this site. Notably the property is a block away from the Sundy Village, the new development recently started construction and the majority of the space has been pre-leased.
Location
State FL
County Palm Beach
Area 4370
Zoning OSSHAD
Exterior
Utilities Available Electric, Municipal Sewer, Public Water
Exposure East
Building
Lot Description 1/2 to < 1 Acre, 1/4 to 1/2 Acre, Corner Lot, Sidewalks
Others
Acceptable Financing Cash
Horse Property No
Listing Terms Cash
Financing Cash
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