$1,500,000
 $8,052 est/mo Sourced by Back At You

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Description

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.

Details

MLS #A11844010
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site405
Listing Provided ByRE/MAX 360 Real Estate | Agustin Duarte

Features

ZoningC1
Acreage0.52
Property ViewYes

Exterior

Lot FeaturesCity Lot

Taxes

Tax Annual Amount14702

Area Information

StateFL
CountyPalm Beach
CityBoynton Beach
Zip Code33435
Area4210
Community NameLEE MANOR ISLES
Listing VS Median (in LEE MANOR ISLES)
Price:
$1,500,000
low | high
Med:
$0
On site:
405
low | high
Med:
Sourced by Back At You

Market Activity 33435

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Contact

Learn More About This Property

Jessica Juel

Jessica Juel

Arterra

418220RENE, Real Estate Negotiation Expert (248) 878-1961jessica@jessicajuel.com
StateFL
CountyPalm Beach
CityBoynton Beach
Zip Code33435
Area4210
Community NameLEE MANOR ISLES
Listing VS Median (in LEE MANOR ISLES)
Price:
$1,500,000
low | high
Med:
$0
On site:
405
low | high
Med:
Sourced by Back At You
Listing Updated: August 25, 2026 at 1:17:21 AM PDT

Jessica Juel - Arterra Realty