Building Details

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Listing Agency: Compass m***@compass.com Show Phone

Listed By: Mark C Barone · License #3255921 Show Phone

Source: Elliman

Added: Jun 12 Changed: Jul 10 Last Checked: Aug 7 at 5:48AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

Investment Insights

Based on property information with market context.

The offering at 0000 Federal Hwy N Federal Hwy is positioned for development into six condominiums across three stories. The included plans and renderings are described as pre-approved, and the proposal calls for residences with approximately 3,100 square feet each, featuring three bedrooms and 3.5 bathrooms, along with private balconies. Community amenities are included in the concept, including a cabana and pool, and the plan incorporates secure garage parking. An optional alternate plan is also available, described as five townhomes plus one commercial site.

Public remarks place the property in the Federal Highway district, just north of Downtown. WalkScore, bikeScore, and transitScore are provided in the remarks as 24, 43, and 17 respectively, indicating a car-dependent setting with somewhat limited transit.

This is a fit for developers or condominium builders looking for a packaged, pre-planned residential concept. The availability of both the six-condominium plan and the alternate townhome-plus-commercial layout can support different end-user and operating strategies, subject to applicable approvals. Buyers should review the provided plans and renderings to confirm design details and requirements for the intended configuration.

Key Highlights

• Pre‑approved 3‑story development plans for six condominiums at 0000 N Federal Hwy
• Each home planned for approximately 3,100 sq. ft. with 3 bedrooms and 3.5 bathrooms
• Plans include private balconies for each residence

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Nursing Home Tattoo & Piercing Shop Catering Service Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6

Residential units

Location Intelligence

Trade Area within ½ mile

1,012

Businesses Nearby

Explore this area Business Placement

Demographics for 33483, FL

13,103

Population

9,493

Households

1.4

Avg Household Size

59

Median Age

57%

College-Educated

93%

High-School Grad

3.8 sq mi

ZIP Area

3,448

Density / Sq Mi

$117,854

Median Household Income

$60,502

Median Earnings

$2,306

Median Rent

$755,700

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - Three-story project with pre-approved plans to build six condominiums, with private balconies and secure garage parking.

Where is this apartment building located?

The property is located at 0000 Federal Hwy N Federal Hwy Delray Beach, FL.

What is the asking price?

The asking price for this property is $1,900,000.

What are key features of this property?

This property features: Pre‑approved 3‑story development plans for six condominiums at 0000 N Federal Hwy; Each home planned for approximately 3,100 sq. ft. with 3 bedrooms and 3.5 bathrooms; Plans include private balconies for each residence