641 6Th Ave Boynton Beach, FL 33435
This exceptional 0.537-acre development opportunity in Boynton Beach, Florida, presents a unique chance to build in a thriving downtown area. The property, encompassing two parcels (APN 08434522020010101 and 08434522020010090), is zoned CBD - Central Business District (08-Boynton Beach), allowing for diverse development options. The permitted uses include residential, commercial, mixed-use, multi-family, and hospitality projects. Located at 641 and 633 NE 6th Ave, Boynton Beach, FL 33435, this land offers potential water views from upper floors, making it ideal for a boutique hotel, condo development, or mixed-use complex. Its prime location provides easy access to I-95, and proximity to shopping, restaurants, boating, parks, and beaches enhances its appeal. The asking price is $5,250,000. This is an incredible opportunity for developers seeking a high-impact project in a rapidly growing area. The property is being sold as land, allowing for complete design flexibility and maximizing the potential return on investment. This is a rare chance to capitalize on the vibrant energy of Boynton Beach's downtown development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.