, Boynton Beach, FL 33435

$1,500,000 · Active

  • 0 baths
  • Unimproved Land
  • Lot 22,651.2 sq ft
  • MLS# A11844010
  • Lee Manor Isles
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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.

Schools

  • Elementary: Forest Park
  • Middle: Congress
  • High: Boynton Beach

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

RE/MAX 360 Real Estate · aduarte@magiccityinvestments.com · Listing agent: Agustin Duarte

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Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see .

Questions About

How much is this property?
this property is listed at $1,500,000. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the property taxes on this property?
The listing reports annual property taxes of $14,702 for 2024. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
How long has this property been on the market?
this property has been listed for 454 days, and the asking price has been reduced from $2,250,000. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve this property?
The MLS lists Forest Park (elementary), Congress (middle), Boynton Beach (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see this property?
Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

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Boynton Beach Neighborhoods

Nearby ZIP Codes

Boynton Beach neighborhoods include Palm Isles and Majestic Isles. Nearby ZIP codes include 33426 and 33436. This property also neighbors Delray Beach, Lake Worth Beach, and Boca Raton. Compare it with the Boynton Beach housing market report.