Address Withheld By Seller, Boynton Beach, FL 33435
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
Listed by: agustin duarte, billy planes
Office: re/max 360 real estate305-602-0360
MLS#:A11844010
Source:SEFMLS
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Price summary
- Price:$1,500,000
About this home
“Coastal Infill Development Site | Multifamily / Live Local / Mixed-Use”. 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. 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....
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Home facts
- Subdivision & Development:LEE MANOR ISLES
- Listing ID #:A11844010
- Updated:August 07, 2026 at 07:54 AM
Structure and exterior
- Lot area:0.52 Acres
Utilities
- Water:Public
Finances and disclosures
- Price:$1,500,000
- Tax amount:$14,702 (2024)
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