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Delray Beach Land Opportunity
For Sale
$2,300,000

632 Allen Avenue, Delray Beach, FL 33483

Land with permits for two single-family homes, currently occupied.

Days on Market440

Property Features for 632 Allen Avenue

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $22,634
Listing Agency: Delray Beach/Gulf Stream
Listed By: Robert Guntmacher · License #SL3365074
Source: Corcoran
Added: May 21, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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 Delray Beach/Gulf Stream

Investment Insights

Based on property information with market context.

This property, currently operating as a fully occupied three-unit multifamily building generating $8,400 monthly gross income, will be delivered as vacant land. Permitted plans are in place to construct two new single-family homes.

Key Highlights

  • Permitted plans for 2 new luxury single‑family homes included.
  • Currently generates $8400 monthly gross income as a fully occupied 3‑unit multi‑family property.
  • Will be delivered as vacant land.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Cafe & Coffee Shop Law Firm Grocery & Convenience Store Locksmith

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

Location Intelligence

Trade Area within ½ mile

526
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Land with permits for two single-family homes, currently occupied.
Where is this residential land & home lot located?
The property is located at 632 Allen Avenue Delray Beach, FL.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Permitted plans for 2 new luxury single‑family homes included.; Currently generates $8400 monthly gross income as a fully occupied 3‑unit multi‑family property.; Will be delivered as vacant land.
More about this property
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