1200 E Atlantic Av, Delray Beach, FL 33483

 -  $7,500,000

MLS® # RX-10902241

  • 6,703 SQ. Feet
  • 1951 Year Built
  • .22 Acres
  • 297 Days On Market

Exceptional Investment Opportunity for Builders and Developers. This prime mixed-use property generates income today, also promises substantial future appreciation. You have the choice to hold it for long-term gains or redevelop it into five unique retail spaces and five expansive, high-end condominiums. Architecture and renderings provided by Randall Stofft Architects.

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Property

Location

  • NeighborhoodOCEAN PARK DELRAY
  • Address1200 E Atlantic Av
  • CityDelray Beach
  • StateFL

Size And Restrictions

  • Acres0.22
  • Lot DescriptionIncome / Development

Taxes

  • Tax Amount$70,020
  • Tax Year2022

Improvements

  • Property SubtypeIncome, Mixed

Utilities

  • Utilities3-Phase Electric, Public Sewer, Public Water, Separate Meter, Other

Market

Interior

Heating And Cooling

  • HeatingOther
  • Air ConditioningOther

Interior Features

  • AppliancesBuilding and Land

Building

Building Information

  • Year Built1951
  • # Of Stories2
  • RoofOther

Community

Home Owners Association

  • HOA Membership (Monthly)Yes

Info

  • OfficeOcean Delray Real Estate

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Listing information last updated on April 28th, 2024 at 7:45pm EDT.