Strategic Covered-Land Opportunity in Downtown Boynton Beach. This 0.70± acre development pad offers a sophisticated covered-land play, combining immediate cash flow with high-octane redevelopment potential. The site currently features an existing tenant on a NNN lease, providing steady holding income while you navigate the design and entitlement process with the Boynton Beach CRA. Located within a Federally Designated Opportunity Zone, this site enables investors to maximize tax-deferral and basis-step-up benefits, providing a critical advantage for large-scale, ultra-dense projects. As part of the CRA district, the property is positioned to benefit from aggressive development incentives and grants designed to support vertically integrated, high-density residential or mixed-use programs. This property is one of three logical development blocks within a larger 7-parcel, 1.25-acre contiguous assemblage. It can be purchased individually or combined with the adjacent North Federal Highway frontage for a landmark, full-block project. Situated just one block from the new $118M Town Square and City Hall campus, this is a rare chance to control a significant footprint in Boynton Beach’s most desirable corridor while the existing income mitigates your carry costs. All Reasonable Offers and Terms Considered. Brokers Welcome.