1405 N Federal Hwy - Residential LAND FOR SALE


Delray Beach, FL 33483 27,878 SF
$4,300,000 USD
561-870-5598
1405 N Federal Hwy, Delray Beach, FL for Sale
$4,300,000 USD
Residential LAND - FOR SALE
1/11
27,878 SF

1405 N Federal Hwy
Delray Beach, FL 33483


OVERVIEW

The North Edge presents a rare, city-approved development opportunity in East Delray Beach, ideally positioned along Federal Highway just minutes from Atlantic Avenue. Designed to meet the growing demand for upscale residential living while offering long-term value for developers and investors, the project includes approved plans for a three-story building featuring nine luxury condominiums ranging from approximately 2,000 to 3,080 square feet. With approvals already in place, The North Edge allows for an expedited path to construction, significantly reducing entitlement risk while offering the flexibility to execute the current vision or reposition the project to suit a tailored development strategy. Located in a highly desirable, supply-constrained market, this boutique luxury concept is well-positioned to achieve strong returns and immediate value creation.

FOR SALE DETAILS

PRICE

$4,300,000 USD

PRICE/ACRE

$6,718,750/AC

PRICE/SF

$154 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

9 Luxury Condo Development Site Opportunity

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Commercial, Multi-Family, Apartment Units - Condo

LAND ACRES

0.64 AC

LAND SF

27,878 SF

OFFSITE IMPROVEMENTS

-

ZONING

GC

APN/PARCEL ID

12-43-46-09-11-004-0011,12-43-46-09-11-004-0012,12-43-46-09-11-004-0050

ASK ABOUT THIS PROPERTY

Lemore ZausnerSERHANT. CommercialMore Info
561-870-5598

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Lemore ZausnerSERHANT. CommercialMore Info
561-870-5598

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.