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Vacant Development Land for Townhomes

2419 N Federal Highway, Delray Beach, FL 33483

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Vacant land with submitted plans to develop a townhome community of 46 units along a major corridor.

Property SizeContact for details
Days on Market530

Property Features for 2419 N Federal Highway

General Information

Standard status Active
Property subtype Land
Zoning GC(cit

Additional Details

Multifamily Units 46
Listing Agency: Compass Florida LLC
Listed By: Mark Barone · License FL #20017558
Source: Crexi
Added: May 30, 2025 Changed: Nov 9 Last Checked: Jul 15 at 3:57PM

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 Florida LLC

Rey
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Investment Insights

Based on property information with market context.

This vacant parcel is positioned for residential development, with plans underway for a community of 46 townhomes. The asset is currently undeveloped, offering a clean slate for an operator or builder to move forward with the proposed townhome concept.

The property is located along N Federal Highway, providing direct access to the surrounding Delray Beach area and its day-to-day retail, dining, and recreational options. The site is intended to support a residential setting while remaining connected to the broader commercial and lifestyle activity in the corridor.

For developers and buyers seeking a land-driven project, the stated 46-townhome plan provides a defined direction for entitlement and build-out. The location along a primary thoroughfare can be a practical fit for a townhome community, supporting convenient access for future residents while allowing the development team to shape the site’s layout and product.

Key Highlights

  • Vacant land at 2419 N Federal Hwy, Delray Beach, FL 33483
  • Submitted plans to develop a 46‑unit townhome community
  • Located along N Federal Highway

Property Analytics

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Open Analytics

Suggested Use

Top Pick Restaurant Law Firm Big Box & Wholesale Store Building Supply Dental Office Pharmacy

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

46
Residential units

Location Intelligence

Trade Area within ½ mile

502
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Vacant land with submitted plans to develop a townhome community of 46 units along a major corridor.
Where is this residential land & home lot located?
The property is located at 2419 N Federal Highway Delray Beach, FL.
What is the asking price?
The asking price for this property is $24,500,000.
What are key features of this property?
This property features: Vacant land at 2419 N Federal Hwy, Delray Beach, FL 33483; Submitted plans to develop a 46‑unit townhome community; Located along N Federal Highway
(561) 235-6801 Call to check price and availability
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