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Additional details
Listed by Compass Florida LLC
$8,100,000
Est. payment /mo
1.71 Acres Lot
UPDATED:
12/11/2024 03:02 AM
Key Details
Property Type Vacant Land
Sub Type Commercial Land
Listing Status Active
Purchase Type For Sale
Subdivision Delray Beach Estates
MLS Listing ID RX-11043866
HOA Y/N No
Annual Tax Amount $79,838
Tax Year 2024
Lot Size 1.707 Acres
Property Description
Introducing a remarkable investment opportunity with the iconic Ellie's 50s Diner now available for purchase. This versatile property offers a multitude of investment avenues, whether you aim to restore its legacy as a classic restaurant, convert it into a vibrant retail space, or undertake a transformative development into 18 luxurious townhomes. Positioned on a generous 1.61-acre lot along Federal Highway, with prominent frontage on Old Dixie Highway, this site ensures unparalleled accessibility and visibility, providing a strategic edge for your business endeavors. Located just 2 miles north of the bustling Atlantic Avenue, this prime location offers the perfect blend of convenience and potential.
Location
State FL
County Palm Beach
Area 4360
Zoning GC(cit
Exterior
Utilities Available Electric, Gas, Public Water, Sewer
Exposure East
Building
Lot Description 1 to < 2 Acres
Others
Acceptable Financing Cash, Conventional
Horse Property No
Listing Terms Cash, Conventional
Financing Cash,Conventional
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