This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/2
6940 N Federal Highway, Boca Raton, FL 33487
$2,700,000
6940 N Federal Highway, Boca Raton, FL 33487View this property at 6940 N Federal Highway, Boca Raton, FL 33487
6940 N Federal HighwayBoca RatonFL33487
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/2
Property Description
Incredible investment opportunity to develop this prime location in Boca Raton. Minutes to shopping, restaurants, beaches, Mizner and Delray's, ''The Ave.'' Entitlements pending final approval include plans and renderings for a 17,000 sf (under air) 4-story boutique hotel. Floors 2, 3 and 4 include 5 rental units per floor. Ground floor amenities include management office, laundry room, men's and women's spas, men's and women's restrooms, fitness center, indoor pickleball court, sitting area and (2) elevators. Additionally, a roof-top pool. Recent city zoning and planning meeting fine tuned details, architect has updated the exterior building renderings, as shown. FDOT has approved access from N Federal Hwy.
Full Property Details
Full Property Details for 6940 N Federal Hwy
General
- Price: $2,700,000
- Taxes: $4,759 (2023)
- Status: Active
- Type: Lots/Land
- MLS ID: RX-10962794
- Updated: 2/24/2024
- Added to Site: 64 day(s) ago
Location
- Area: PB02
- County: Palm Beach
- Subdivision: N. Federal Hwy
- Driving Directions: LOCATED NORTH OF JEFFERY STREET ON EAST SIDE OF N. FEDERAL HWY. SITUATED BETWEEN RENZO'S PIZZA AND ABC LIQUOR
- Location Details: City
Community
- Home Owners Assn.: None
Utilities
- Utility Description: Electric, Municipal Sewer, Public Water
- Onsite: Electric Service Available, Municipal Sewer, Public Water
Structural Information
- Architectural Style: Vacant Land
- Description/Design: Commercial, Hotel / Motel, Professional
Lot Features
- Street/Road Desc.: City/County Maint.
- Grounds/Landscape: Grassed
- Development Status: Undeveloped
- Land Improvements: Cleared
- Potential Use: Commercial Land
- Trees/Vegetation: None
- Zoning: RB1
- Lot Description: 1/2 to < 1 Acre
Financial Considerations
- Tax Amount: $4,759.9
- Tax Year: 2023
- Terms: Cash, Conventional
Disclosures and Reports
- Documents Avail.: Appraisal, Enviro. Aud-PH1, Enviro. Aud-PH2, Survey
- Legal Description: SUB 32-46-43, N 34 FT OF S 509 FT (LESS E 975 FT) OF LT 15 LYG E OF US HWY NO 1
- APN: 6434632120150090
Listed by Realty Home Advisors Inc
Get Pre-Approved Today
Schools
Schools serving 6940 N Federal Hwy
School District:Palm Beach Schools
Rating | Name | Grades | Distance |
---|---|---|---|
2470 Nw 5th Ave, Boca Raton, FL 33431 | PK-5 | 2.8 mi | |
1251 Nw 8th St, Boca Raton, FL 33486 | 6-8 | 4.2 mi | |
1501 Nw 15th Ct, Boca Raton, FL 33486 | 9-12 | 4.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6940 N Federal Hwy
Date
Details
Price
Change
Source
2/24/2024
Listed
$2,700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 6940 N Federal Hwy
6940 N Federal Highway, Boca Raton, FL 33487 (MLS# RX-10962794) is a Lots/Land property with a lot size of acres. 6940 N Federal Highway is currently listed for $2,700,000 and was received on February 24, 2024. Want to learn more about 6940 N Federal Highway? Do you have questions about finding other Lots/Land real estate for sale in Boca Raton? You can browse all Boca Raton real estate or contact a Coldwell Banker agent to request more information.