“Coastal Infill Development Site | Multifamily / Live Local / Mixed-Use” DEVELOPMENT POTENTIAL & USE CASES Within Boynton Beach CRA 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. PROPERTY HIGHLIGHTS: 0.52 Acre Approved Site Plan Seller Financing Available 1 block west from the ocean SITE DETAIL: Proposed Floors: 4 Buildable Area: 25,000 sqft Lot Size: 0.52 Acre Year Built: Proposed 2025 Asking $1,500,000 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