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$2,400,000

  • For Sale
  • Active
  • Vacant Land
  • 0.32 Acres
  • Updated 9 days ago
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Unlock the potential of this prime 0.32-acre parcel, ideally located near the heart of Delray Beach's vibrant Atlantic Avenue and surrounded by ongoing and future luxury developments. This offering includes architectural plans and renderings for either three sophisticated townhomes or a boutique condominium project, thoughtfully designed for today's modern luxury lifestyle. With strong demand for high-end residences in this fast-growing corridor, this is a rare chance to develop a standout project in one of the most desirable areas in South Florida. A must-see opportunity for developers and investors alike!

Full Property Details for 248 SE 1st Ave

General

  • Price: $2,400,000
  • Taxes: $18,181 (2024)
  • Status: Active
  • Type: Vacant Land
  • Source: Regional
  • MLS ID: R11101912
  • Updated: 1/22/2026
  • Added to Site: 223 day(s) ago

Location

  • County: Palm Beach
  • Subdivision: DELRAY TOWN OF
  • Direction Faces: East

Community

  • Community Name: 4370

Utilities

  • Utility Description: Electricity Available, None

Structural Information

  • Current Bldg. Use: Multi-Family, Single Family

Lot Features

  • Lot Size (Acres): 0.32
  • Lot Size (Sq. Ft.): 13,862
  • Road Maintenance: Public Maintained Road
  • Lot Features: Cleared, City Lot, 1/4 to 1/2 Acre Lot
  • Development Status: Raw Land
  • Potential Use: Single Family
  • Trees/Vegetation: None, Other
  • Zoning: RM(cit

Financial Considerations

  • Tax Amount: $18,181.5
  • Tax Year: 2024
  • Terms: Cash, Conventional

Disclosures and Reports

  • Documents Avail.: Building Plans
  • Legal Description: TOWN OF DELRAY S 100 FT OF E 1/2 OF BLK 71
  • Property ID: 12434616010710050

Listed by Compass Florida LLC

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Listing agent

— 248 SE 1st Ave —

  • Compass Florida LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 248 SE 1st Ave

School District:Palm Beach County School District
NameGradesDistance
Pine Grove Elementary School, Delray Beach, FL
400 Southwest 10th Street, Delray Beach, FL 33444
K-50.8 mi
Carver Middle School, Delray Beach, FL
101 Barwick Road, Delray Beach, FL 33445
6-82.5 mi
Atlantic High School, Delray Beach, FL
2455 West Atlantic Avenue, Delray Beach, FL 33445
9-121.6 mi
Disclaimer: 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/23/2025
Listed
$2,400,000
146.15%
MLS
1/31/2022
Sold
$975,000
—
Public Record
Get Price Alerts and Save Property
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 for 248 SE 1st Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$18,448
1%
$969,345
—
2024
$18,182
1%
$972,972
5%
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
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Compass Florida LLC

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Listed by Steve Martel and Lori Martel

248 SE 1st Avenue, Delray Beach, FL 33444 (MLS# R11101912) is a Vacant Land property with a lot size of 0.32 acres. 248 SE 1st Avenue is currently listed for $2,400,000 and was received on June 23, 2025. Want to learn more about 248 SE 1st Avenue? Do you have questions about finding other Vacant 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.

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