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$2,200,000
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Property Description
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
Full Property Details for 248 SE 1st Ave
General
- Sold For: $2,200,000
- Taxes: $18,181 (2024)
- Status: Closed
- Type: Vacant Land
- Source: Regional
- MLS ID: R11101912
- Added to Site: 359 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
Sold by The Corcoran Group
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Schools
Schools serving 248 SE 1st Ave
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
Pine Grove Elementary School, Delray Beach, FL 400 Southwest 10th Street, Delray Beach, FL 33444 | K-5 | 0.8 mi |
Carver Middle School, Delray Beach, FL 101 Barwick Road, Delray Beach, FL 33445 | 6-8 | 2.5 mi |
Atlantic High School, Delray Beach, FL 2455 West Atlantic Avenue, Delray Beach, FL 33445 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions 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
4/15/2026
Sold
$2,200,000
-8.33%
MLS
6/23/2025
Listed
$2,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
248 SE 1st Avenue, Delray Beach, FL 33444 (MLS# R11101912) is a Vacant Land property that was sold at $2,200,000 on April 15, 2026. 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.

