817 Lake Ave, Delray Beach, FL 33483

This exceptional 0.25-acre parcel located at 817 Lake Avenue North in Delray Beach, Florida, presents a remarkable redevelopment opportunity. Situated in the desirable Palm Trail/George Bush area, this property is ideally positioned to capitalize on the area's robust growth and high demand for upscale residential properties. The site is zoned for residential development and offers the potential to construct two luxurious townhomes. Preliminary plans envision a total living area of 5,569 square feet, with 3,561 square feet of air-conditioned space across both units. This translates to substantial potential rental income or a lucrative resale opportunity upon completion. The property's 33483 zip code places it within easy reach of Delray Beach's vibrant downtown area, offering residents convenient access to shopping, dining, and cultural attractions. Palm Beach County's desirable climate and lifestyle further enhance the appeal of this prime development site. The asking price for this exceptional land parcel is $1,650,000. This represents a compelling investment opportunity for discerning developers seeking to create high-end residences in a thriving Florida market. Detailed site plans and zoning information are available upon request. Don't miss this chance to acquire a truly exceptional piece of Delray Beach real estate.