39 SW 6Th Ave Delray Beach, FL 33444
Income-producing duplex and vacant parcel near Atlantic Avenue.
Building Details
- Year built
- 1957
Source:
Elliman
Listing Agent: Wendy Pierre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Delray Beach Opportunity Zone Site
This Opportunity Zone development site is located in the heart of Delray Beach, less than one block from Atlantic Avenue. The property includes an income-producing duplex generating over $58,000 annually and a contiguous vacant parcel, bringing the total land area to 13,940 square feet. The site is positioned directly adjacent to the highly anticipated Delray Beach CRA redevelopment project, soon to be anchored by a 20,000+ square foot grocery store. Investors can benefit from federal tax advantages, including the ability to defer or potentially eliminate capital gains taxes through Opportunity Zone incentives. This property presents an opportunity to develop, hold, or capitalize on the upcoming growth west of 5th Avenue in one of South Florida's fastest-growing corridors.
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Delray Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0788969
- Latitude
- 26.4630105
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FAQs
What type of property is this?
Commercial land - Income-producing duplex and vacant parcel near Atlantic Avenue.
Where is this commercial land located?
The property is located at 39 SW 6Th Ave Delray Beach, FL.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: - Opportunity Zone Development Site: Take advantage of significant federal tax advantages.; - Prime Location: Situated less than one block from Atlantic Avenue in Delray Beach.; - Income-Producing: Includes a duplex generating over $58,000 annually.