39 SW 6th Ave, Delray Beach FL 33444

For sale Days on market 49

DELRAY TOWN OF [ Commercial ]

$900,000

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Overview

0.33 acres

Property Type

Commercial

Property Description

Qualified Opportunity Zone Development Sites in the Heart of Delray Beach comprising of two joined 0.16 Acre properties totaling 13,940 SF of developable land, Right on SW 6th Ave adjacent to the CRA's 6 Acres Development Site Fronting Atlantic Ave between SW 6th Ave & SW 9th Ave. Located less than one block from vibrant Atlantic Avenue and surrounded by numerous transformative projects currently progressing through the pipeline, this deal is ripe for development. Whether you are looking to develop, hold, or capitalize on the upcoming growth West of 5th Avenue, this portfolio is an incredible opportunity for an experienced developer. Available at $900,000, less than $65/SF, this Development site includes: A duplex collecting more $4300/month and a contiguous vacant parcel totaling 13,940 SF of developable land. Positioned directly adjacent to the highly anticipated 6 acres 3 full city block mixed use redevelopment project off Atlantic Ave stretching 6th Ave to 9th Ave dubbed ALTA WEST to be anchored by a 20,000+ SF grocery store. Investors can benefit from significant federal tax advantages, including the ability to defer or potentially eliminate capital gains taxes through Opportunity Zone incentives. This property is a standout offering in one of South Florida’s fastest-growing corridors.

Property Details

MLS#

A11958915

Building

DELRAY TOWN OF

Address

39 6th Ave SW

City

Delray Beach

State/county

Zip/Postal Code

33444

Area

Delray Town Of

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$6,005

Maint Fee

$--

Tax Year

2025

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