$7,500,000

Estimated payment $50,653/month

Total Views 1,541
3.3 Acres
$2,272,727 Price per Acre
143,748 Sq Ft Lot

About This Lot

This 13-property investment opportunity offers strong cash flow from day one, making it an excellent choice for investors seeking steady returns with significant future upside. The portfolio is fully leased, generating consistent rental income, and strategically positioned in a high-growth area with increasing demand. Beyond the immediate cash flow, this investment presents a compelling long-term play, as the site holds tremendous potential for redevelopment.With the right vision and approvals, investors can capitalize on the opportunity to enhance value through a thoughtfully designed site plan, maximizing the property's future appreciation and income potential.

Listing Agent

William Cunningham III

Coldwell Banker Realty /Delray Beach License #3369482

Coldwell Banker Realty /Delray Beach

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $105,521

Year Built

  • 1965

Lot Details

  • 3.3 Acre Lot
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned C2

Location

  • City Lot

Community Details

  • Boynton Heights Add 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08434528270000051

Property Details

Property Type

Land

Est. Annual Taxes

$105,521

Year Built

1965

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Commercial
  • Property Sub Type Additional: Commercial
  • Directions: I -95 North, Go east off of Boynton Beach Blvd. Assemblage 1 block East
  • Special Features: VirtualTour
  • Year Built (Public Record): 1965

Exterior Features

  • Lot Features: Central Business District, City Lot
  • Road Surface Type: Paved
  • Waterfront: No

Lot Info

  • Parcel #: 08434528270000051
  • Development Status: Site Plan Filed
  • Lot Size Acres: 3.3
  • Lot Size: 3 to < 5 Acres
  • Lot Size Sq Ft: 143919.0
  • Zoning Description: C2
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 105521.0

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,616 $429,793 -- --
2023 $9,895 $390,721 $392,732 $121,990
2022 $9,662 $355,201 $0 $0
2021 $8,239 $322,910 $214,266 $108,644
2020 $8,223 $325,890 $214,266 $111,624
2019 $7,631 $288,548 $178,194 $110,354
2018 $7,424 $286,332 $174,081 $112,251
2017 $7,330 $277,357 $167,619 $109,738
2016 $6,997 $262,333 $0 $0
2015 $6,884 $249,952 $0 $0
2014 $6,809 $242,444 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2025 03/18/25 For Sale $7,500,000 -- --
Source: BeachesMLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $350,000 First American Title Ins Co
Quit Claim Deed -- None Available
Warranty Deed $42,000 Attorney
Warranty Deed $275,000 Attorney
Warranty Deed $950,000 --
Warranty Deed $175,000 --
Warranty Deed $77,000 --
Warranty Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $263,388 Seller Take Back
Previous Owner $855,000 Seller Take Back
Previous Owner $78,540 Commercial
Source: Public Records

Source: BeachesMLS

MLS Number: R11072664

BeachesMLS

APN: 08-43-45-28-27-000-0051