$1,550,000
**RARE DOUBLE LOT DEVELOPMENT OPPORTUNITY IN EAST DELRAY BEACH** Exceptional opportunity to acquire one of the few remaining double lots in the heart of East Delray Beach, one of South Florida's most dynamic and rapidly appreciating neighborhoods. Comprising approximately 13303 Sqft, this oversized parcel offers a rare combination of location, flexibility, and future potential. Positioned just minutes from Atlantic Avenue, the beach, and downtown Delray Beach, the property presents multiple possibilities for investors, builders, and visionaries seeking to capitalize on the area's ongoing transformation. Subject to buyer verification and municipal approvals, the site may accommodate one extraordinary luxury estate, two separate luxury residences, or other development opportunities.... Surrounded by a growing collection of newly constructed custom homes and luxury redevelopment projects, this location is benefiting from substantial private investment and increasing demand from buyers seeking walkability, lifestyle, and proximity to Delray Beach's vibrant downtown district. Large double parcels in East Delray are becoming increasingly scarce. As land availability continues to diminish and redevelopment accelerates, opportunities to secure a site of this size and location are exceptionally rare. Whether your objective is immediate development, long-term land banking, or creating a signature residential project, this property offers a unique chance to control a significant piece of East Delray Beach's future growth. The existing structure is not the basis of value and the property is being offered primarily for its land and redevelopment potential. A truly rare opportunity to acquire a double lot in one of Delray Beach's most sought-after and fastest-growing locations. The existing structure can be used as a Day Care or School for income when carrying the land, or a sales office by a builder as it is in good shape.
ACTIVE UNDER CONTRACT
Status
⋅
B26043338
MLS
216 SW 2nd Avenue, Delray Beach
