Description

An ultra-rare opportunity on Delray Beach’s Barrier Island—just 1.5 blocks from the ocean and 1 block from Atlantic Ave. This 17,315 SF parcel is one of the last premier development sites in this coveted coastal enclave. Surrounded by luxury estates and steps from world-class dining and beaches, it’s currently improved with a 5-unit multifamily, offering income while plans are drawn. Zoned for 4 ultra-luxury townhomes, this trophy property offers unmatched potential for developers and investors seeking a landmark project in the heart of Delray Beach. (5 separate folios)

Address

Open on Google Maps

Address: Seabreeze Ave
City: Delray Beach
State/county: Palm Beach County
Zip/Postal Code: 33483

Details

Updated on December 31, 2025 at 2:00 am

Property ID A11840963
Price $5,300,000
Year Built 1988
Type Income/MultiFamily
Property Status Commercial Sale

Additional details

BuildingAreaTotal 5396
BuildingAreaUnits Square Feet
BusinessType Apartments, Residential-Multi-Family
ConstructionMaterials CBS Construction
ContractStatusChangeDate 2025-07-15
Cooling Central Building A/C
CurrentUse Income Non-Waterfront
DaysOnMarket 168
Directions North of Atlantic Ave and East of the ocean on the corner of Seabreeze and Lowry
DocumentsAvailable Aerial Photo(S)
ExpirationDate 2026-04-30
Flooring Ceramic Floor, Tile
Heating Central Electric
Inclusions Building & Land
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 305-301-4298
ListingTerms All Cash, Conventional/Refinance
LotFeatures In Residential Area
LotSizeSquareFeet 17321
MajorChangeTimestamp December 29, 2025 at 07:12pm
MajorChangeType Back On Market
MlsStatus Active
ModificationTimestamp December 30, 2025 at 11:21pm
NumberOfBuildings 1
NumberOfUnitsInCommunity 5
OnMarketDate 2025-07-15
OriginalEntryTimestamp July 15, 2025 at 09:13pm
OriginalListPrice 5500000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
Ownership Other Ownership
ParcelNumber 12434616A60000010
ParkingTotal 16
PhotosChangeTimestamp July 15, 2025 at 09:14pm
PhotosCount 51
Possession Funding
PostalCodePlus4 7035
PreviousListPrice 5500000
PriceChangeTimestamp September 24, 2025 at 06:16pm
PublicSurveyRange 12
PublicSurveySection 16
PublicSurveyTownship 12
RoadFrontageType City Street
Roof Barrel Roof
SecurityFeatures Security System
ShowingInstructions 24 Hour Notice
SourceSystemKey 417987763
SpecialListingConditions Sale
StateOrProvince FL
StatusChangeTimestamp December 29, 2025 at 07:12pm
Stories 2
StoriesTotal 2
StreetName Seabreeze Ave
StreetNumber 99
StreetNumberNumeric 99
SyndicationRemarks An ultra-rare opportunity on Delray Beach’s Barrier Island—just 1.5 blocks from the ocean and 1 block from Atlantic Ave. This 17, 315 SF parcel is one of the last premier development sites in this coveted coastal enclave. Surrounded by luxury estates and steps from world-class dining and beaches, it’s currently improved with a 5-unit multifamily, offering income while plans are drawn. Zoned for 4 ultra-luxury townhomes, this trophy property offers unmatched potential for developers and investors seeking a landmark project in the heart of Delray Beach. (5 separate folios)
TaxAnnualAmount 9216
TaxLegalDescription SEABREEZE OF DELRAY COND UNIT 1
UnitNumber 1
WaterSource Public
WindowFeatures Clear Impact Glass, Complete Impact Glass
YearBuiltDetails Resale
Zoning RM (city