218 SW 11th Ave Delray Beach

339,000

2 Bedrooms

1 Baths

580 SqFt

Prime East Delray Beach Opportunity Zone Lot — Redevelop, Invest, or Live in the Heart of It All! Discover an exceptional 7,000 SF developable Opportunity Zone property with direct access to and less than 2 blocks from vibrant Atlantic Avenue in the heart of East Delray Beach. This rare offering comprises of a charming 2 bedroom 1 bathroom single-family home rented at $2,200/month within walking distance of Bustling Downtown Delray, Eclectic Pineapple Grove Arts District, iconic Beachwalk on Ocean Blvd, award-winning restaurants, and great nightlife. With unbeatable access via Atlantic Ave, Ocean Blvd, and I-95, this location connects effortlessly to major job centers, great schools, and world-class entertainment—making it ideal for both investors and end-users. A Visionary Buyer can redevelop into a stunning new home or hold long-term as a land bank strategy while benefiting from Opportunity Zone tax incentives or even make it your affordable starter home without compromising on location, convenience, or flexibility. As a Qualified Opportunity Zone site, buyers can potentially access significant federal capital gains tax benefits, making this an even more powerful long-term investment. Whether you're a developer, investor, or a family seeking an affordable centrally located home, This deal stands out as a rare blend of location, potential, and financial upside in one of Florida’s most desirable cities. Why buying a Condo, When you can invest in (QOZ) Land
Status:
Active
Listing ID:
A11918799
Unit Floor:
0
Parking:
Pets:
Market Days:
21
Membership:
Waterfront:
No
HOA Fee:
0.00
Rec Lease:
Taxes:
3285.00
Year Built:
1955
Type:
Single Family
Garage:
2.00
Construction:
Block
55+:
No
Pool:
No
Stories:
0.00
View:
Garden
Water Features:

Contact Broker: Bob Chapin (561) 774-3472

Listing Information Courtesy of BAWONS Properties, Inc
Information Provided by Miami Association of Realtors

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