320 SE 4th Avenue, Delray Beach, FL 33483

$2,200,000
2
BD
2
BA
1,176
SqFt

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List Price
$2,200,000
Status
ACTIVE
MLS#
B26092260
Year Built
1929
Levels
One
Style
Ranch
Bedrooms
2
Bathrooms
2
Acres
0.24
Living Area
1,176
Subdivision
Linns

Property Description

RARE INVESTMENT & REDEVELOPMENT OPPORTUNITY IN DOWNTOWN DELRAY BEACH! LOCATION, LOCATION, LOCATION! An exceptional opportunity to acquire an oversized 10,500-square-foot lot and a half in highly desirable Osceola Park, just 3 blocks from world-famous Atlantic Avenue and approximately 4 blocks from the beautiful Atlantic Ocean! Surrounded by newer luxury homes and ongoing redevelopment, this property presents an exciting opportunity for investors, builders, and buyers looking to create something special in one of Delray Beach's most desirable locations. Currently situated on the property is a charming, updated 2-bedroom, 2-bath main residence with hardwood floors, along with a separate 1-bedroom, 1-bath guest cottage. The paved rear alley provides additional access and flexibility. Enjoy the potential for rental income while exploring future redevelopment possibilities, or envision a magnificent custom luxury residence on this generously sized parcel. Just minutes from the beach, outstanding restaurants, boutique shopping, and the vibrant nightlife of Downtown Delray Beach. PRIME LOCATION! OVERSIZED LOT! EXCEPTIONAL POTENTIAL! Buyers to verify all zoning, development possibilities, and permitted uses with the City of Delray Beach.

Additional Information

Days on Market
2
Taxes
$12,315
Pets
Yes
Waterfront Desc
None
Interior Features
Living/Dining Room, Multiple Primary Suites, None
Flooring
Wood
Heating
Central
Cooling System Type
Central Air
Sewer
Public Sewer
Water Source
Public
Appliances
Dryer, Dishwasher, Electric Range, Disposal, Washer
Exterior Features
Outdoor Living Area
Parking Spaces
2
Elementary School
Pine Grove
Middle School
Carver Community
High School
Atlantic

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Listing courtesy of Continental Properties, Inc.. Contact: