Description
Exceptional Investment Opportunity for Builders and Developers. This prime mixed-use property generates income today, also promises substantial future appreciation. You have the choice to hold it for long-term gains or redevelop it into five unique retail spaces and five expansive, high-end condominiums. Architecture and renderings provided by Randall Stofft Architects.,
, OCEAN PARK DELRAY S 1/2 OF LT 3 & LTS 4 THRU 6 (LESS N 7 FT ATLANTIC AVE R/W) BLK 2
Features
- Additional Parcels Description
- City
Delray Beach
- Contract Status Change Date
2023-07-06 00:00:00
- Cooling
Other
- County Or Parish
Palm Beach County
- Cumulative Days On Market
112
- Days On Market
112
- Directions
East Atlantic Ave toward the ocean. One block from A1A on Atlantic Ave.
- Documents Available
Survey
- Flooring
Other
- Heating
Other
- Latitude
26
- Levels
Two
- List A O R
BeachesMLSFlexmls
- Listing Terms
Cash
Conventional
- List Price
8500000
- Longitude
-80
- Major Change Type
PriceChange
- M L S Area Major
4140
- M L S Area Minor
Palm Beach 4130a; 4140b
- Mls Status
Active
- On Market Date
2023-07-06 00:00:00
- Original List Price
9250000
- Originating System Name
FTL
- Parcel Number
12434616280020032
- Postal City
Delray Beach
- Postal Code
33483
- Roof
Other
- Standard Status
Active
- State Or Province
FL
- Stories
2
- Subdivision Name
OCEAN PARK DELRAY
- Tax Legal Description
OCEAN PARK DELRAY S 1/2 OF LT 3 & LTS 4 THRU 6 (LESS N 7 FT ATLANTIC AVE R/W) BLK 2
- Tax Year
2022
- Unparsed Address
1200 E Atlantic Avenue
- Virtual Tour URL Branded
https://www.propertypanorama.com/1200-E-Atlantic-Avenue-Delray-Beach-FL-33483/unbranded
- Virtual Tour URL Unbranded
https://www.propertypanorama.com/1200-E-Atlantic-Avenue-Delray-Beach-FL-33483/unbranded
- Water Source
Public
- Year Built
1951
- Zoning Description
CBD(ci
