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0 W Atlantic Avenue, Delray Beach, FL 33444

$15,000,000
Property Type: Land/Docks Status: Active
Current Price: $15,000,000 Last Modified: 12/09/2025

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# RX-11146230

Contract Information

Auction: No Negotiable Seller Concessions YN: No Listing Date: 2025-12-08 Status: Active Original List Price: 15000000 List Price: $15,000,000 Current Price: $15,000,000

General Property Description

Lot Frontage: 240.09 Lot Depth: 84.68 Waterfront: No Homeowners Assoc: None Front Exp: South Type: Commercial Land Lot SqFt: 20330.82 Subdivision: ATLANTIC PINES

Location, Tax & Legal

Geo Area: PB06 Country: United States State/Province: FL Short Sale: No Tax Year: 2025 Zoning: CBD(ci Short Sale A/U: N/A Short Sale Addendum: No Taxes: 26341.9 Special Assessment: No REO: No Area: 4460 County: Palm Beach Parcel ID: 12434617170010100 Street Dir: W Street Name: Atlantic Street Suffix: Avenue Zip Code: 33444 Legal Desc: ATLANTIC PINES LTS 10 & 11 BLK 1 Geo Lat: 26.461924 Geo Lon: -80.085213

Office/Member Info

DXORIGMLNO: RX-11146230 DXORIGMLSID: RML

Location

Central Business Dst: 1 City: 1

Avail Docs

Aerial: 1

Land Use

Commercial: 1

Lot Description

1/2 to < 1 Acre: 1

Develop Status

Undeveloped: 1

Comp Plan Use

Open Land: 1

Improvements

Curb: 1

Utilities Avail

Cable: 1 Public Water: 1 Septic Sewer: 1

Utilities On Site

None: 1

Ground Cover

Grassed: 1

Roads

City/County Maint.: 1

Soil Type

Dirt: 1

Trees

Cluster: 1

Terms Considered

Cash: 1 Conventional: 1

Possession

At Closing: 1

Property Features

Land Use: Commercial Location: Central Business Dst Lot Description: 1/2 to < 1 Acre Develop Status: Undeveloped Comp Plan Use: Open Land Improvements: Curb Utilities Avail: Cable; Public Water; Septic Sewer Utilities On Site: None Ground Cover: Grassed Roads: City/County Maint. Avail Docs: Aerial Soil Type: Dirt Trees: Cluster Terms Considered: Cash; Conventional Possession: At Closing
Listing Office: The Keyes Company
IDX
Last Updated: December - 09 - 2025
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