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248 SE 1st Avenue, Delray Beach, FL 33444
$1,999,000
248 SE 1st Avenue, Delray Beach, FL 33444View this property at 248 SE 1st Avenue, Delray Beach, FL 33444
248 SE 1st AvenueDelray BeachFL33444
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Property Description
Prime Development Opportunity! This corner lot is perfectly poised for transformation in the heart of Downtown Delray. Its strategic location conveniently positioned just 3 blocks from Atlantic Ave & near Delray's inviting beaches, offers an unparalleled opportunity for visionary investors and developers to shape the future of this ever-flourishing neighborhood. With its coveted proximity to the bustling hub of Atlantic Ave, renowned for its eclectic mix of shops, restaurants, and cultural experiences, this development site has completed schematic designs by renowned Silberstein Architecture. Future developer has the ability/benefit of stepping into the current schematic design, accelerating the permit submission process. The current plans display a possible (3) luxury condominium design
Full Property Details
Full Property Details for 248 SE 1st Ave
General
- Price: $1,999,000
- Taxes: $17,993 (2023)
- Status: Active
- Type: Lots/Land
- MLS ID: RX-10987210
- Updated: 5/14/2024
- Added to Site: 14 day(s) ago
Location
- Area: PB06
- County: Palm Beach
- Subdivision: Delray Town Of
- Driving Directions: 95 to Atlantic Ave. east to Swinton Ave. Go South on Swinton to SE 3rd St. Corner of SE 3rd and SE 1st.
- Location Details: City
Community
- Home Owners Assn.: None
Utilities
- Utility Description: Electric
- Onsite: None
Structural Information
- Architectural Style: Vacant Land
- Description/Design: Multi-Family Med Den, Single Family
- Min Required: 2,015 Sq. Ft.
Lot Features
- Lot Size (Sq. Ft.): 13,861
- Street/Road Desc.: City/County Maint.
- Grounds/Landscape: Other
- Development Status: Undeveloped
- Land Improvements: Cleared
- Potential Use: Single Family Detached
- Trees/Vegetation: Other
- Zoning: RM(cit
- Lot Description: 1/4 to 1/2 Acre
Financial Considerations
- Tax Amount: $17,993.6
- Tax Year: 2023
- Terms: Cash
Disclosures and Reports
- Documents Avail.: Plans
- Legal Description: TOWN OF DELRAY S 100 FT OF E 1/2 OF BLK 71
- APN: 12434616010710050
Listed by Douglas Elliman (Palm Beach)
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Schools
Schools serving 248 SE 1st Ave
School District:Palm Beach Schools
Rating | Name | Grades | Distance |
---|---|---|---|
400 Sw 10th St, Delray Beach, FL 33444 | PK-5 | 0.8 mi | |
101 Barwick Rd, Delray Beach, FL 33445 | 6-8 | 2.6 mi | |
2455 W Atlantic Ave, Delray Beach, FL 33445 | 9-12 | 1.7 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 248 SE 1st Ave
Date
Details
Price
Change
Source
5/14/2024
Listed
$1,999,000
105.03%
MLS
1/31/2022
Sold
$975,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 248 SE 1st Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$17,994
101%
$927,007
117%
2021
$8,973
-17%
$426,677
-36%
2022
$10,821
21%
$670,023
74%
2021
$8,973
15%
$384,305
7%
2019
$7,788
8%
$358,415
7%
2018
$7,235
6%
$335,354
10%
2017
$6,814
9%
$304,867
10%
2016
$6,263
44%
$277,152
79%
2015
$4,346
20%
$154,996
10%
2014
$3,618
11%
$140,905
10%
2013
$3,269
—
$128,095
—
Disclaimer: Historical tax 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 248 SE 1st Ave
248 SE 1st Avenue, Delray Beach, FL 33444 (MLS# RX-10987210) is a Lots/Land property with a lot size of acres. 248 SE 1st Avenue is currently listed for $1,999,000 and was received on May 14, 2024. Want to learn more about 248 SE 1st Avenue? Do you have questions about finding other Lots/Land real estate for sale in Delray Beach? You can browse all Delray Beach real estate or contact a Coldwell Banker agent to request more information.