Commercial property in Delray Beach, Florida № 2331126

Property description

Incredible investment opportunity to buy 2 lots on Allen Ave ($1.1M each) now in a rapidly transforming Delray Beach neighborhood surrounded by luxurious new single-family homes. This is a rare chance to secure a property on a street where values continue to rise as the area evolves. The lot currently features a four-plex generating consistent monthly income through long-term tenants and Airbnb, providing strong cash flow to cover expenses while you prepare to build. Delivered with complete, fully approved plans for a modern luxury single-family home exceeding 4,500 sq ft. Conveniently located east of Federal Highway, this offering combines a prime location with exceptional upside potential. Invest on this highly desirable street before it becomes more competitive! Each lot is 50 x 145. Call for details on the 2 lot land deal - each lot $1.1M