630 Allen Avenue, Delray Beach, FL 33483

$1,100,000

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List Price
$1,100,000
MLS#
B26065999
Status
ACTIVE
Type
Land

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

Additional Information

Days on Market
0
Tax Amount
$23,707
Parcel Number
12434609150020210
Front Exposure
North
Directions
North on Federal Highway. Right on ALLEN AVE.
Address
630 Allen Avenue, Delray Beach
Development Name
Snow Hill
Development
Snow Hill

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Calculator source: Real Geeks

Listing Courtesy of Apollo Investment & Real Estate Holdings LLC, Contact: