Boynton Beach, FL 33435

$1,500,000

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List Price
$1,500,000
Days on Market
368
MLS#
A11844010
Lot Size
22,686
Subtype
Unimproved Land
County
Palm Beach
Subdivision
Lee Manor Isles

Property Description

“Coastal Infill Development Site | Multifamily / Live Local / Mixed-Use”. The subject property offers a rare opportunity to develop a highly visible infill site along South Federal Highway, one block from the Intracoastal and surrounded by established multifamily and daily-needs retail. Zoned MU-1 (Mixed-Use Urban), the site allows for a broad range of by-right uses including residential, retail, medical, and office, providing multiple viable development paths depending on investor strategy. With ±22,668 SF of land area, up to 4 stories, and FAR of 2.5 (±56,670 buildable SF), the property supports a variety of scaled, efficient projects in a supply-constrained coastal corridor. CRA = LOWER BASIS + FASTER APPROVALS: • Public incentives can offset development costs and improve returns. • Reduced effective land basis through grants and reimbursements. • Municipality aligned with redevelopment and higher density. • Streamlined approvals within a pro-development framework. • Strong public investment driving rent growth and absorption. • Active pipeline of CRA-backed projects validating the submarket.

Additional Information

Lot Description
City Lot
Restrict
CityRestrictions
Taxes
$14,702
Utilities
None, Sewer Not Available
View
Beach
Acres
0.52
Lot Description
City Lot
Elementary School
Forest Park
Middle School
Congress
High School
Boynton Beach

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Calculator source: Real Geeks

Listing courtesy of RE/MAX 360 Real Estate. Contact:

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Agustin Duarte | Email: aduarte@magiccityinvestments.com