Mixed-Use Development Site with Diner
2410 N Federal Highway, Delray Beach, FL 33483
For Sale
$7,900,000
City-approved plans support 18 luxury townhomes with major highway frontage and flexibility to retain or redevelop the diner.
Property SizeContact for details
Days on Market276
Property Features for 2410 N Federal Highway
General Information
Standard status
Property subtype
Taxes and HOA fees
Annual Taxes
Listing Agency:
Serhant
Listed By:
Renee Nicole Strack · License FL #3417280
(443) 955-3363
Source:
Kielyrealestate
Added: Feb 8
Changed: Nov 10
Last Checked: Nov 10 at 2:01AM
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 Serhant
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This for-sale mixed-use development site covers 1.71 acres and is supported by city-approved plans for a premier residential project. The entitlement calls for 18 luxury three-story townhomes, each designed with approximately 3,000 square feet, three bedrooms with en-suite bathrooms, covered balconies, and two-car garages. The site also includes flexibility regarding the existing Ellie’s 50s Diner, with the option to preserve and restore the iconic structure or redevelop the space into a retail component.
The property is positioned for visibility with frontage on Federal Highway and Old Dixie Highway. That combination of major roadway access and frontage provides a practical setting for a residential community paired with an additional commercial offering, depending on how the site is ultimately configured under the approved plans.
For developers and investors, the value here is the combination of active city approvals and choice in how the diner-related portion of the site is handled. The project is already mapped to a multi-unit townhome format, while retaining the ability to pivot the diner area toward retail if that best fits the operator or leasing strategy. Serious parties should review the plans and intended approach with their development team to confirm how the approved work will be implemented.
The property is positioned for visibility with frontage on Federal Highway and Old Dixie Highway. That combination of major roadway access and frontage provides a practical setting for a residential community paired with an additional commercial offering, depending on how the site is ultimately configured under the approved plans.
For developers and investors, the value here is the combination of active city approvals and choice in how the diner-related portion of the site is handled. The project is already mapped to a multi-unit townhome format, while retaining the ability to pivot the diner area toward retail if that best fits the operator or leasing strategy. Serious parties should review the plans and intended approach with their development team to confirm how the approved work will be implemented.
Key Highlights
- 1.71‑acre mixed‑use site with city‑approved plans for 18 luxury three‑story townhomes in Delray Beach.
- Frontage on Federal Highway and Old Dixie Highway for a development with major highway exposure.
- Townhomes designed at approximately 3,000 SF each with 3 bedrooms and en‑suite bathrooms.
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
502
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Residential land & home lot - City-approved plans support 18 luxury townhomes with major highway frontage and flexibility to retain or redevelop the diner.
Where is this residential land & home lot located?
The property is located at 2410 N Federal Highway Delray Beach, FL.
What is the asking price?
The asking price for this property is $7,900,000.
What are key features of this property?
This property features: 1.71‑acre mixed‑use site with city‑approved plans for 18 luxury three‑story townhomes in Delray Beach.; Frontage on Federal Highway and Old Dixie Highway for a development with major highway exposure.; Townhomes designed at approximately 3,000 SF each with 3 bedrooms and en‑suite bathrooms.
