$24,500,000

Estimated payment $130,302/month

Total Views 11,274
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 46 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 Listed on: 05/22/2025

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

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4892.0

Map

Range of Values:

Collateral Analytics

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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft
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
Previous Owner $6,913,580 New Conventional
Previous Owner $4,500,000 Unknown
Source: Public Records

About the Listing Agent

Mark Barone

Compass Florida LLC

(561) 375-5066

Section Image

Mark Barone is a real estate executive with leadership skills in business development, operations, and real estate sales and marketing. A consummate real estate professional with over 19 years of experience, Barone has developed and executed all aspects of real estate sales and marketing to include; new development projects, custom home construction, project management, developer, and residential transactions. Barone is a proven creative talent with demonstrated strength in sales/marketing,

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Source: BeachesMLS

MLS Number: R11092974

BeachesMLS

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