0 W Atlantic Avenue, Delray Beach, FL 33444

$15,000,000
Property Type: Land & Docks Lot Size (sq. ft.): 20,331 Status: Active
Current Price: $15,000,000 List Date: 12/08/2025 Last Modified: 3/11/2026

Description

This ±20,330.80 SF (±0.47 AC) land assemblage along West Atlantic Avenue represents a rare, highly visible infill opportunity within Delray Beach's Central Business District (CBD), West Atlantic Neighborhood sub-district. The site offers dual corner. ''A rare opportunity to develop a mixed-use project in the heart of Downtown Delray Beach's Central Business District, offering retail, office or medical uses at street level with residential above—all along prestigious Atlantic Avenue.'' Positioned along one of South Florida's most vibrant and established urban corridors, this ±20,330.80 SF development site presents a rare opportunity to create a signature mixed-use project in the heart of Delray Beach's Central Business District. SEE MORE FOR COMPLETE DETAILS

Supplements: "A rare opportunity to develop a mixed-use project in the heart of Downtown Delray Beach's Central Business District, offering retail, office or medical uses at street level with residential aboveall along prestigious Atlantic Avenue." Positioned along one of South Florida's most vibrant and established urban corridors, this ±20,330.80 SF development site presents a rare opportunity to create a signature mixed-use project in the heart of Delray Beach's Central Business District. Strategically located east of Interstate 95 with multiple points of frontage and visibility along Atlantic Avenue, the site spans from W. 12th Avenue to NW 11th Avenue, anchoring a prominent downtown block with exceptional access, traffic exposure, and walkability. Zoned CBD - Central Business District (General Commercial), the property is ideally suited for a vertical mixed-use development, combining ground-floor retail, office or medical uses with residential condos or apartments abovethe very product type driving demand and valuation in Downtown Delray Beach. Walkable to downtown shops, restaurants, arts district, nightlife, and transit. Strong demographics, tourism, and residential growth supporting absorption. Scarcity of remaining infill development sites on Atlantic Avenue. This is not simply a land acquisitionit is a platform for creating a landmark downtown asset that complements Delray Beach's urban fabric while delivering institutional-grade performance. Well-executed, a development on this site has the potential to become a cornerstone project along Atlantic Avenue, benefiting from both immediate market demand and long-term urban infill dynamics. A vertical massing strategywith commercial uses activating Atlantic Avenue at grade and residential stacked abovealigns with both market demand and the City's downtown vision. Height and massing should be evaluated within the CBD framework to optimize: Conceptual Site Narrative: 20,330.80 SF Mixed-Use Development Site. Prime Infill Mixed-Use Site | Atlantic Ave & 11th-12th Avenues | Delray Beach, FL. This ±20,330.80 SF (±0.47 AC) land assemblage along West Atlantic Avenue represents a rare, highly visible infill opportunity within Delray Beach's Central Business District (CBD), West Atlantic Neighborhood sub-district. The site offers dual corner exposure at NW 11th Avenue and W. 12th Avenue with continuous Atlantic Avenue frontage, creating excellent identity and access for a future mixed-use project. Planning / Zoning Framework (CBD - General Commercial / West Atlantic Neighborhood) Zoning: CBD - Central Business District, West Atlantic Neighborhood sub-district (General Commercial context). Density & FAR - Conceptual Assumptions 3.1 Code-based density framework (du/ac) From the CBD dimensional table (West Atlantic Neighborhood column): Base residential density: 12 du/acre in the West Atlantic Neighborhood CBD sub-district, with a note referencing the CBD Incentive Program for potential density increases. On this ±0.47-acre site (±20,330.80 SF): Base CBD density (12 du/ac) Ü 5-6 units. CBD incentive provisions may allow increases (e.g., toward 30 du/ac, subject to program criteria and approvals). Uses by right / principally permitted (per CBD table): General retail and service uses "as in GC district" (excluding big-box style auto parts, lawn equipment, etc.) Business, professional, and medical office, Multiple-family dwellings, Live/work units, Hotels / inns, assisted living / senior housing (as permitted in CBD) Form controls (CBD generally): Max building height 4 stories / 54 feet outside the Atlantic Avenue Limited Height Area (this West Atlantic site is outside the limited-height core). Urban setbacks (10-15 ft along streets), minimal side/rear setbacks, strong frontage requirements to reinforce a walkable main-street pattern. Within the West Atlantic Neighborhood sub-district, sidewalk-level frontage on Atlantic is intended to be activated with retail and service uses, with upper floors transitioning to residential and office, consistent with the City's West Atlantic revitalization goals.

More Information MLS# R11146230

Contract Information

Comp Sale YN: No Negotiable Seller Concessions YN: No LP/Acre: 32140561.39 LP/Frontage: 62476.57 Listing Contract Date: 2025-12-08 Status: Active Original List Price: 15000000 List Price: $15,000,000 Current Price: $15,000,000

Location and Legal

County Or Parish: Palm Beach County Parish Name: Palm Beach City Name: Delray Beach Postal Zip: 33444 Geographic Area: PB06 Country: United States Street Direction Prefix: W Street Name: Atlantic Street Suffix: Avenue State Or Province: FL Postal Code: 33444 Subdivision Name: ATLANTIC PINES Area: 4460 Parcel Number: 12434617170010100 Zoning: CBD(ci

General Property Information

Lot Depth: 84.68 Lot Frontage: 240 LP/SqFt: 737.8 Property Sub Type: Unimproved Land Lot Size Acres: 0.47 Lot Size Square Feet: 20330.82 Direction Faces: South

Office/Member Information

DXORIGMLSID: RML

Short Sale Details

Short Sale Addendum: No

Documents Available

Aerial: 1

Comprehensive Plan Use

Open Land: 1

Current Use

Commercial: 1

Development Status

Raw Land: 1

Location of Property

Central Business District: 1 City Location: 1

Possession

Close Of Escrow: 1

Possible Use

Commercial: 1

Soil Type

Dirt: 1

Trees

Clusters: 1

Utilities

Cable Available: 1 Sewer Available: 1 Water Available: 1 None: 1

Vegetation

Grassed: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Curbs: 1

Road Responsibility

Public Maintained Road: 1

Water Source

Public: 1

Showing Requirements

Call Listing Agent: 1

Acreage Description

1/2 To Less Than 1 Acre Lot: 1

Financial Information

Tax Year: 2025 Tax Annual Amount: 26341.9 Tax Legal Description: ATLANTIC PINES LTS 10 & 11 BLK 1

Status Change Information

Major Change Timestamp: 2025-12-08T20:15:37Z Major Change Type: New Listing Status Change Date: 2025-12-08

Originating Details

Originating System Key: 20251208200614115804000000 Originating System ID: M00000170

Property Features

Comprehensive Plan Use: Open Land Current Use: Commercial Development Status: Raw Land Documents Available: Aerial Location of Property: Central Business District; City Location Possession: Close Of Escrow Possible Use: Commercial Soil Type: Dirt Trees: Clusters Utilities: Cable Available; Sewer Available; Water Available; None Vegetation: Grassed Listing Terms: Cash; Conventional Lot Features: Curbs Road Responsibility: Public Maintained Road Water Source: Public Showing Requirements: Call Listing Agent Acreage Description: 1/2 To Less Than 1 Acre Lot
Listing Office: The Keyes Company
IDX
Last Updated: March - 11 - 2026
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