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    1405 N Federal Hwy Delray Beach, FL 33483

    For Sale
    $4,600,000

    Commercial, Commercial Land - Delray Beach, FL

    Lot size:
    0.64 Acres
    Days on Market:
    122
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 1405 N Federal Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    GC(cit
    APN
    12434609110040012
    Exterior features
    None
    Lot size
    0.64 Acres

    Building Details

    Architectural style
    Other

    Compass Florida, LLC (561) 286-5166 [email protected]

    Listing agent Mark C Barone (561) 285-4283

    Listing date Aug 6, 2025

    MLS# RX-11042953 Listing URL

    Copyright © 2025 BeachesMLS / Flexmls. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Delray Beach Development Opportunity

    This property presents an opportunity to develop a 3-story building with approved plans for 9 condominiums. Each unit is designed to offer approximately 2,500 sq. ft. of modern living space. The development plans include amenities such as a pool and an entertainment area. Situated in a rapidly evolving area of Delray Beach, Florida, this 0.64-acre property is zoned GC(cit and is suitable for developers looking to capitalize on the growing demand for high-end residences. The location is ideal for delivering a premium living experience in an area poised for growth.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mobilize Physical Therapy Physical Therapist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Delray Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.066065
    Latitude
    26.479645

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    FAQs

    What type of property is this?
    Commercial land - Approved plans for 9 condos with pool and entertainment area.
    Where is this commercial land located?
    The property is located at 1405 N Federal Hwy Delray Beach, FL.
    What is the asking price?
    The asking price for this property is $4,600,000.
    What are key features of this property?
    This property features: - Approved plans for a 3-story building with 9 luxurious condominiums.; - Each condominium offers approximately 2,500 sq. ft. of modern living space.; - Includes amenities such as a pool and entertainment area.
    (561) 285-4283
    Request Owner's contact information
    1405 N Federal Hwy Delray Beach, FL 33483
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    Delray Beach, FL 33483
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1405 N Federal Hwy Delray Beach, FL 33483
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