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$ 900,000
Est. payment /mo
Pending
39 SW 6th Ave Delray Beach, FL 33444
0.33 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Pending
Purchase Type For Sale
Subdivision Delray Town Of
MLS Listing ID A11958915
HOA Y/N No
Annual Tax Amount $6,005
Tax Year 2025
Contingent Other
Lot Size 0.330 Acres
Acres 0.33
Lot Dimensions 120x230
Property Sub-Type Commercial
Property Description
Qualified Opportunity Zone Development Sites in the Heart of Delray Beach comprising of two joined
0.16 Acre properties totaling 13,940 SF of developable land, Right on SW 6th Ave adjacent to the CRA's 6 Acres Development Site Fronting Atlantic Ave between SW 6th Ave & SW 9th Ave. Located less than one block from vibrant Atlantic Avenue and surrounded by
numerous transformative projects currently progressing through the pipeline, this deal is ripe for development.
Whether you are looking to develop, hold, or capitalize on the upcoming growth West of 5th Avenue, this portfolio is an incredible opportunity for an experienced developer.
Available at $900,000, less than $65/SF, this Development site includes: A duplex collecting more $4300/month and a contiguous vacant parcel totaling 13,940 SF of developable land. Positioned directly adjacent to the highly anticipated 6 acres 3 full city block mixed use redevelopment project off Atlantic Ave stretching 6th Ave to 9th Ave dubbed ALTA WEST to be anchored by a 20,000+ SF grocery store.
Investors can benefit from significant federal tax advantages, including the ability to defer or potentially eliminate capital gains taxes through Opportunity Zone incentives. This property is a standout offering in one of South Florida's fastest-growing corridors.
0.16 Acre properties totaling 13,940 SF of developable land, Right on SW 6th Ave adjacent to the CRA's 6 Acres Development Site Fronting Atlantic Ave between SW 6th Ave & SW 9th Ave. Located less than one block from vibrant Atlantic Avenue and surrounded by
numerous transformative projects currently progressing through the pipeline, this deal is ripe for development.
Whether you are looking to develop, hold, or capitalize on the upcoming growth West of 5th Avenue, this portfolio is an incredible opportunity for an experienced developer.
Available at $900,000, less than $65/SF, this Development site includes: A duplex collecting more $4300/month and a contiguous vacant parcel totaling 13,940 SF of developable land. Positioned directly adjacent to the highly anticipated 6 acres 3 full city block mixed use redevelopment project off Atlantic Ave stretching 6th Ave to 9th Ave dubbed ALTA WEST to be anchored by a 20,000+ SF grocery store.
Investors can benefit from significant federal tax advantages, including the ability to defer or potentially eliminate capital gains taxes through Opportunity Zone incentives. This property is a standout offering in one of South Florida's fastest-growing corridors.
Location
State FL
County Palm Beach
Community Delray Town Of
Area 4740
Exterior
Utilities Available Cable Available, Electricity Available, Other, Sewer Available, Water Available
Private Pool Yes
Building
Lot Description <1 Acre
Sewer Other
Water Public
Others
Tax ID 12434616010210200
Acceptable Financing Conventional
Listing Terms Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11958915
Listed by BAWONS Properties, Inc
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