234 NE 12th Street Delray Beach, FL 33444
This is an amazing location and opportunity for a developer. The parcel consists of 2 individual lots of record, in one of the most desirable and rapidly developing parts of Delray. When divided, the lot price of $600,000 each is well below market rate for the neighborhood. In addition, a buyer has the opportunity to finance this project with a mortgage, as an existing, income producing duplex (gross 60k per year) is on the property. So, while awaiting permits and approvals, collect a steady stream of income.It is so close to the anticipated Tiger Woods Pop Stroke golf and entertainment center, walkable to downtown and the beach, and moments from a coffee at the French Bakery, the new construction will be strongly anticipated.
|a week ago||Listing updated with changes from the MLS|
|3 weeks ago||Listing first seen online|