New ListingIncredible investment opportunity to buy 2 lots on Allen Ave ($1.1M each) now in a rapidly transforming Delray Beach neighborhood surrounded by luxurious new single-family homes. This is a rare chance to secure a property on a street where values continue to rise as the area evolves. The lot currently features a four-plex generating consistent monthly income through long-term tenants and Airbnb, providing strong cash flow to cover expenses while you prepare to build. Delivered with complete, fully approved plans for a modern luxury single-family home exceeding 4,500 sq ft. Conveniently located east of Federal Highway, this offering combines a prime location with exceptional upside potential. Invest on this highly desirable street before it becomes more competitive! Each lot is 50 x 145. Call for details on the 2 lot land deal - each lot $1.1M
| MLS # | B26069072 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 6 |
| Listing Provided By | Apollo Investment & Real Estate Holdings LLC | Christopher S Nicotra |
| Zoning | R-1-A |
|---|---|
| Acreage | 0.17 |
| Lot Features | Less Than One Acre, Less Than Quarter Acre |
|---|
| Tax Annual Amount | 23707 |
|---|
| State | FL |
|---|---|
| County | Palm Beach |
| City | Delray Beach |
| Zip Code | 33483 |
| Area | 4220 |
| Subarea | Palm Beach 4220a; 4230b; 4360a; 4370b |
| Community Name | Snow Hill |
| Listing VS Median (in Snow Hill) | |
Price: $1,100,000 low | high Med: $0 On site: 6 low | high Med: | |
| State | FL |
|---|---|
| County | Palm Beach |
| City | Delray Beach |
| Zip Code | 33483 |
| Area | 4220 |
| Subarea | Palm Beach 4220a; 4230b; 4360a; 4370b |
| Community Name | Snow Hill |
| Listing VS Median (in Snow Hill) | |
Price: $1,100,000 low | high Med: $0 On site: 6 low | high Med: | |
![]() | $1,100,000630 Allen AvenueDelray Beach, FL 33483 |
![]() | $1,100,000631 C Allen AvenueDelray Beach, FL 33483 |
![]() | $1,100,000631 A Allen AvenueDelray Beach, FL 33483 |
![]() | $1,100,000631 A Allen AvenueDelray Beach, FL 33483 |
![]() | $1,100,000631 B Allen AvenueDelray Beach, FL 33483 |