Multifamily Redevelopment
369 SE 2nd Delray Beach, FL 33483
For Sale
$3,000,000
Redevelopment site with zoning study indicating up to 86–172 units, plus possible storage unit use pending City application.
Lot Size2.50 Acres
Days on Market93
Property Features for 369 SE 2nd
General Information
- Standard status
- Active
- Lot size
- 2.50 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1958
Listing Agency:
DOUGLAS ELLIMAN
(561) 389-9117
Listed By:
DORIAN HAYES · License #R11164209
Source:
Corcoran
Added: Apr 23
Changed: Jul 23
Last Checked: Jul 24 at 8:17AM
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 DOUGLAS ELLIMAN
Investment Insights
Based on property information with market context.
Osceola Park Place Redevelopment offers an assemblage redevelopment opportunity totaling 1.23–2.5 acres. The zoning study references a multifamily capacity of 86–172 units, subject to the applicable approvals.
Located in Downtown Delray Beach, the property is described as within walking distance to Atlantic Avenue and the beach CBD. The property also has a unique paved road to the east at the rear.
Tenants are currently in place, with full disclosure provided to qualified buyers and NOI available upon qualification. The remarks also note the possibility of developing a storage unit site, with an application required to the City.
Located in Downtown Delray Beach, the property is described as within walking distance to Atlantic Avenue and the beach CBD. The property also has a unique paved road to the east at the rear.
Tenants are currently in place, with full disclosure provided to qualified buyers and NOI available upon qualification. The remarks also note the possibility of developing a storage unit site, with an application required to the City.
Key Highlights
- Redevelopment investors/developers opportunity on a 1.23–2.5 acre assemblage parcel
- Zoning study indicates multi‑family potential for 86–172 units
- Property is in the Downtown Delray Beach area and within walking distance to Atlantic Avenue and the beach
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Redevelopment site with zoning study indicating up to 86–172 units, plus possible storage unit use pending City application.
Where is this apartment building located?
The property is located at 369 SE 2nd Delray Beach, FL.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Redevelopment investors/developers opportunity on a 1.23–2.5 acre assemblage parcel; Zoning study indicates multi‑family potential for 86–172 units; Property is in the Downtown Delray Beach area and within walking distance to Atlantic Avenue and the beach
