Property Description

Golden chance in one of East Delray Beach's most dynamic and fast-evolving corridors. This rare offering includes a former children's daycare building situated on two adjacent lots, presenting an exceptional opportunity for investors, builders, and end users alike. The property may suit an upscale daycare concept for the area's growing population, but its highest and most likely use is redevelopment. Set on an approximately 0.31-acre double parcel just moments from Atlantic Avenue, the site offers the flexibility to build one significant custom luxury residence or two separate luxury single-family homes, subject to buyer verification with the city. Surrounded by established homes and emerging luxury development, this location is increasingly recognized as one of Delray Beach's most desirable lifestyle-driven pockets. The setting offers outstanding walkability and convenience, with close proximity to downtown Delray Beach (0.5MI), the Beach(1.3MI), the Delray Beach Tennis Center(0.4MI), Town Hall, the Courthouse(0.2MI), the Police Station(0.2MI), and the vibrant restaurants, boutiques, and entertainment of Atlantic Avenue. It is also near Sundy Village(0.3MI), the exciting mixed-use development at Atlantic Avenue and Swinton Avenue, adding even more long-term appeal to the area. The existing 1925 Old Day Care cottage is not the basis of value and the property is being offered primarily for its land opportunity. The structure is being sold as-is, no inspection. This is a rare chance to secure a double lot in the heart of East Delray Beach and create a signature project in a location where demand for high-end living continues to grow....