4652 133rd road south delray beach, florida 33445...4652 133rd road south, delray beach, florida...

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4652 133rd Road South Delray Beach, Florida 33445 521 South Olive Avenue West Palm Beach, FL 33401 Paul Snitkin Phone: (561) 833-1661 Cell: (561) 310-7888 [email protected]

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Page 1: 4652 133rd Road South Delray Beach, Florida 33445...4652 133rd Road South, Delray Beach, Florida 33445 Excellent multifamily development opportunity in Delray Beach!! This 3.18 acre

4652 133rd Road South

Delray Beach, Florida 33445

521 South Olive Avenue

West Palm Beach, FL 33401

Paul Snitkin

Phone: (561) 833-1661

Cell: (561) 310-7888

[email protected]

Page 2: 4652 133rd Road South Delray Beach, Florida 33445...4652 133rd Road South, Delray Beach, Florida 33445 Excellent multifamily development opportunity in Delray Beach!! This 3.18 acre

Available FOR SALE

Note:This offering subject to errors, omissions, prior sale or withdrawal without notice

521 South Olive Avenue

West Palm Beach, FL 33401

Phone: (561) 833-1661

[email protected]

4652 133rd Road South, Delray Beach, Florida 33445

Excellent multifamily development opportunity in Delray Beach!! This 3.18 acre site is

located on 133rd Road South between Military Trail and Barwick Road, just north of

Lake Ida Road. The current zoning allows for the development of up to 8 units per acre

or 25 total units. The site offers convenient access to major area thoroughfares including

Military Trail and Interstate 95. and is situated within close proximity to numerous

shopping and entertainment options such as downtown Delray Beach, Atlantic Avenue,

and area beaches. Delray Beach is one of the fastest growing markets in South Florida.

This is one of the last remaining development sites in the area, and with a lack of

inventory available to support the current demand, this opportunity will not last long.

Asking Price: $1,800,000

Page 3: 4652 133rd Road South Delray Beach, Florida 33445...4652 133rd Road South, Delray Beach, Florida 33445 Excellent multifamily development opportunity in Delray Beach!! This 3.18 acre

4652 133rd Road South

Project Overview

Anderson & Carr, Inc. is pleased to present the sale of 4652 133rd Road South

in Delray Beach, Florida. This property is a vacant 3.18 acre multifamily

development site located just north of Lake Ida Road and just east of Military in

the City of Delray Beach, Palm Beach County.

The current zoning is RM-8: Medium Density Residential which allows for the

development of up to 8 units per acre or 25 units. This zoning is ideal for the

development of an intimate townhome community.

The above zoning along with the current housing demand and lack of inventory in

Delray Beach make this property an ideal opportunity for any developer.

Page 4: 4652 133rd Road South Delray Beach, Florida 33445...4652 133rd Road South, Delray Beach, Florida 33445 Excellent multifamily development opportunity in Delray Beach!! This 3.18 acre

4652 133rd Road South

Strategic Location

The property represented is located north of Lake Ida Road, east of Military Trail,

west of Interstate 95, and south of the southern city limits of Boynton Beach in

Delray Beach. This neighborhood and general Delray Beach locale is situated in a

desirable area of Southern Palm Beach County with excellent access to major area

thoroughfares. The subject is situated along the south side of 133rd Road South

about 0.6 miles north of Lake Ida Road. The property is situated among numerous

residential communities within the Delray Beach submarket which has one of the

fastest growing populations in Palm Beach County. The property offers excellent

access to Interstate 95, Military Trail and Atlantic Avenue. Downtown Delray Beach

offers a number of shopping, dining, and entertainment options, and with just under

$1 billion in new development projects, has been established as one of the most

popular destinations in South Florida. The Delray Beach housing market has been

experiencing high demand with limited inventory for new development. Property

values, occupancy levels, and rent levels in the area have increased over the past

several years with this trend expected to continue into the foreseeable future.

Page 5: 4652 133rd Road South Delray Beach, Florida 33445...4652 133rd Road South, Delray Beach, Florida 33445 Excellent multifamily development opportunity in Delray Beach!! This 3.18 acre

4652 133rd Road South

Directions to Property

Take Interstate 95 toward Delray Beach (North or South)

Via I-95: Exit 52 (Atlantic Avenue):

From the exit, head west on Atlantic Avenue toward Barwick Road,

Turn north onto Barwick Road,

In 1.4 miles, turn west onto 133rd Road South, the property will be on the south

side of 133rd Road South.

Page 6: 4652 133rd Road South Delray Beach, Florida 33445...4652 133rd Road South, Delray Beach, Florida 33445 Excellent multifamily development opportunity in Delray Beach!! This 3.18 acre

4652 133rd Road South

4652 133rd Road South

Boundary Survey