0.2 Acres of Commercial Land for Sale in Boca Raton, Florida

6940 N Federal Hwy, Boca Raton, FL 33487

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$2,700,000
0.2 acres
Active sale agoEst $25,721/mo

Incredible investment opportunity to develop this prime location in Boca Raton. Minutes to shopping, restaurants, beaches, Mizner and Delray's, ''The Ave.'' Entitlements pending final approval include plans and renderings for a 17,000 sf (under air) 4-story boutique hotel. Floors 2, 3 and 4 include 5 rental units per floor. Ground floor amenities include management office, laundry room, men's and women's spas, men's and women's restrooms, fitness center, indoor pickleball court, sitting area and (2) elevators. Additionally, a roof-top pool. Recent city zoning and planning meeting fine tuned details, architect has updated the exterior building renderings, as shown. FDOT has approved access from N Federal Hwy.

Directions

LOCATED NORTH OF JEFFERY STREET ON EAST SIDE OF N. FEDERAL HWY. SITUATED BETWEEN RENZO'S PIZZA AND ABC LIQUOR

Property details

Coordinates
26.4116, -80.0758
Community
N. Federal Hwy
Zoning
RB1
Elevation
13 feet
MLS Number
RMLS RX-10962794
Date Listed

Legal description

Parcels

  • 06434632120150090

Property taxes

2023
$4,760

This 0.2-acre property is located at 6940 N Federal Hwy in Boca Raton, FL 33487 with latitude 26.4116 and longitude -80.0758. The property is currently available for sale for $2,700,000 with a price per acre of $13,366,337. Listing data is sourced from BeachesMLS / Flexmls # RX-10962794.

Verify sale details at the property source or contact Realty Home Advisors at (561) 613-0393.

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Copyright (C) 2024 BeachesMLS / Flexmls. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Listing checked and updated . Parcel data by Regrid.

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