$24,500,000

Estimated payment $137,545/month

Total Views 478
4.39 Acres
$5,580,866 Price per Acre
191,228 Sq Ft Lot

About This Lot

Welcome to an exceptional real estate opportunity at 2419 N Federal Hwy, Delray Beach, FL 33483. This expansive vacant land is primed for development, with plans underway for a community of 47 townhomes. Perfectly positioned along the vibrant N Federal Highway, this location offers unparalleled access to Delray Beach's finest amenities, including shopping, dining, and recreational activities, while providing a serene residential setting.Imagine creating a modern, upscale neighborhood that appeals to both families and professionals seeking the ideal blend of convenience and tranquility. With its strategic location and significant development potential, this property represents a rare chance to capitalize on the thriving Delray Beach market.

Listing Agent

Mark Barone

Compass Florida LLC License #3255921

Compass Florida LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,892

Lot Details

  • 4.39 Acre Lot
  • Property is zoned GC(cit

Location

  • City Lot

Community Details

  • Delray Beach Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434604080000351

Property Details

Property Type

Land

Est. Annual Taxes

$4,892

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Commercial
  • Property Sub Type Additional: Commercial
  • Directions: From Atlantic Avenue, head east, then turn left onto N Federal Hwy (U.S. Route 1) and continue northbound until you reach 2419 N Federal Hwy.
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: City Lot
  • Waterfront: No

Lot Info

  • Parcel #: 12434604080000351
  • Development Status: Raw Land
  • Lot Size Acres: 4.39
  • Lot Size: 3 to < 5 Acres
  • Lot Size Sq Ft: 191500.0
  • Zoning Description: GC(cit
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4892.0

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,892 $266,805 -- --
2023 $5,079 $266,805 -- --
2022 $4,978 $254,100 -- --
2021 $3,135 $153,900 $153,900 $0
2020 $3,162 $153,900 $153,900 $0
2019 $3,045 $146,531 $146,531 $0
2018 $2,896 $142,296 $142,296 $0
2017 $2,815 $135,520 $135,520 $0
2016 $1,839 $73,176 $0 $0
2015 $1,564 $66,524 $0 $0
2014 $1,374 $60,476 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 For Sale $24,500,000 -- --
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $10,000,000 John M Cappeller Jr Pa
Warranty Deed $6,550,000 Attorney
Warranty Deed $3,650,000 Attorney
Special Warranty Deed $1,450,000 None Available
Trustee Deed -- None Available
Warranty Deed $1,390,000 United Title Agencies Ii Inc
Warranty Deed $50,000 --
Warranty Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $6,913,580 New Conventional
Previous Owner $4,500,000 Unknown
Source: Public Records

Source: BeachesMLS

MLS Number: R11092974

BeachesMLS

APN: 12-43-46-04-08-000-0351