0 W Atlantic Avenue
Delray Beach, FL, 33444 $ 15,000,000
Baths0.0 Monthly Estimate*
$ 92,358
Studio for $15,000,000. The lot size is 0.47.
This ±20,330.80 SF (±0.47 AC) land assemblage along West Atlantic Avenue represents a rare, highly visible infill opportunity within Delray Beach's Central Business District (CBD), West Atlantic Neighborhood sub-district. The site offers dual corner. ''A rare opportunity to develop a mixed-use project in the heart of Downtown Delray Beach's Central Business District, offering retail, office or medical uses at street level with residential above—all along prestigious Atlantic Avenue.'' Positioned along one of South Florida's most vibrant and established urban corridors, this ±20,330.80 SF development site presents a rare opportunity to create a signature mixed-use project in the heart of Delray Beach's Central Business District. SEE MORE FOR COMPLETE DETAILS "A rare opportunity to develop a mixed-use project in the heart of Downtown Delray Beach's Central Business District, offering retail, office or medical uses at street level with residential aboveall along prestigious Atlantic Avenue." Positioned along one of South Florida's most vibrant and established urban corridors, this ±20,330.80 SF development site presents a rare opportunity to create a signature mixed-use project in the heart of Delray Beach's Central Business District. Strategically located east of Interstate 95 with multiple points of frontage and visibility along Atlantic Avenue, the site spans from W. 12th Avenue to NW 11th Avenue, anchoring a prominent downtown block with exceptional access, traffic exposure, and walkability. Zoned CBD - Central Business District (General Commercial), the property is ideally suited for a vertical mixed-use development, combining ground-floor retail, office or medical uses with residential condos or apartments abovethe very product type driving demand and valuation in Downtown Delray Beach. Walkable to downtown shops, restaurants, arts district, nightlife, and transit. Strong demographics, tourism, and residential growth supporting absorption. Scarcity of remaining infill development sites on Atlantic Avenue. This is not simply a land acquisitionit is a platform for creating a landmark downtown asset that complements Delray Beach's urban fabric while delivering institutional-grade performance. Well-executed, a development on this site has the potential to become a cornerstone project along Atlantic Avenue, benefiting from both immediate market demand and long-term urban infill dynamics. A vertical massing strategywith commercial uses activating Atlantic Avenue at grade and residential stacked abovealigns with both market demand and the City's downtown vision. Height and massing should be evaluated within the CBD framework to optimize: Conceptual Site Narrative: 20,330.80 SF Mixed-Use Development Site. Prime Infill Mixed-Use Site | Atlantic Ave & 11th-12th Avenues | Delray Beach, FL. This ±20,330.80 SF (±0.47 AC) land assemblage along West Atlantic Avenue represents a rare, highly visible infill opportunity within Delray Beach's Central Business District (CBD), West Atlantic Neighborhood sub-district. The site offers dual corner exposure at NW 11th Avenue and W. 12th Avenue with continuous Atlantic Avenue frontage, creating excellent identity and access for a future mixed-use project. Planning / Zoning Framework (CBD - General Commercial / West Atlantic Neighborhood) Zoning: CBD - Central Business District, West Atlantic Neighborhood sub-district (General Commercial context). Density & FAR - Conceptual Assumptions 3.1 Code-based density framework (du/ac) From the CBD dimensional table (West Atlantic Neighborhood column): Base residential density: 12 du/acre in the West Atlantic Neighborhood CBD sub-district, with a note referencing the CBD Incentive Program for potential density increases. On this ±0.47-acre site (±20,330.80 SF): Base CBD density (12 du/ac) Ü 5-6 units. CBD incentive provisions may allow increases (e.g., toward 30 du/ac, subject to program criteria and approvals). Uses by right / principally permitted (per CBD table): General retail and service uses "as in GC district" (excluding big-box style auto parts, lawn equipment, etc.) Business, professional, and medical office, Multiple-family dwellings, Live/work units, Hotels / inns, assisted living / senior housing (as permitted in CBD) Form controls (CBD generally): Max building height 4 stories / 54 feet outside the Atlantic Avenue Limited Height Area (this West Atlantic site is outside the limited-height core). Urban setbacks (10-15 ft along streets), minimal side/rear setbacks, strong frontage requirements to reinforce a walkable main-street pattern. Within the West Atlantic Neighborhood sub-district, sidewalk-level frontage on Atlantic is intended to be activated with retail and service uses, with upper floors transitioning to residential and office, consistent with the City's West Atlantic revitalization goals.
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FeaturesGeneralUtilities Cable Available None Sewer Available Water Available
Possession Close Of Escrow
Development Status Raw Land
Property Subtype Unimproved Land
Tax Year 2025
Current Use Commercial
Community Features Curbs
County Palm Beach
Property Type Land
Subdivision Name ATLANTIC PINES
Facing Direction South
Possible Use Commercial
Status Active
City Delray Beach
MLS Area 4460
Lot Size Square Feet 20330.82
Tax Annual Amount 26341.9
Virtual Tour https://www.propertypanorama.com/0-W-Atlantic-Avenue-Delray-Beach-FL-33444/unbranded
Standard Status Active
Property Sub Type Additional Unimproved Land
Legal Description ATLANTIC PINES LTS 10 & 11 BLK 1
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ExteriorVegetation Grassed Partially Wooded
Lot Features Central Business District City Lot
Water Source Public
Lot Size Acres 0.47
Waterfront Y/N false
Road Responsibility Public Maintained Road
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* Excluded FeaturesList ByDavid C Joseph Jr.Listing Agent
Affordability Calculator
- Monthly Principal & Interest
- $92,358
- Monthly Property Taxes
- $2,195
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Delray Beach, FL
Average List Price $3,798,298
Percent of Sale Price 75%
About Delray Beach, FL 66,998 Population
11% Since 2002
$ 55,643 Median Income
46.56 Median Age
16% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/15/2026 | $15,000,000 | | Listed Price |