Boynton Beach, FL 33435
$1,500,000
Pending



6 more






Presented By: This listing is courtesy of RE/MAX 360 Real Estate
Home Details
“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.
Presented By: This listing is courtesy of RE/MAX 360 Real Estate
Interior Features for
Bathrooms
Total Baths
General for
CityBoynton Beach
ContingencyOther
CountyPalm Beach
Legal DescriptionLEE MANOR ISLES S 100 FT OF LT 2
Listing TermsCash, Owner May Carry
Lot Size Square Feet22686
Lot Size UnitsSquare Feet
MLS Area4210
MLS Area MinorPalm Beach 4200; 4210; 4320; 4330; 4340; 4350
PossessionClose Of Escrow
PostalCityBoynton Beach
Property TypeLand
SewerNone
Standard StatusPending
StatusPending
Subdivision NameLEE MANOR ISLES
Tax Annual Amount14702
Tax Year2024
UtilitiesNone, Sewer Not Available
Virtual TourClick here
Zoning DescriptionC1
Exterior for
Covered Spaces
Lot Dimensions0x0
Lot Features<1 Acre
Lot Size Acres0.52
Lot Size Area22686
Road Frontage TypeCounty Road
Road ResponsibilityPublic Maintained Road
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Judith Mendez
Realtor®
