6940 N Federal Hwy, Boca Raton

$2,700,000

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

Incredible investment opportunity to develop this prime location in Boca Raton. Minutes to shopping, restaurants, beaches, Mizner and Delray's, ''The Ave.'' Entitlements pending final approval include plans and renderings for a 17,000 sf (under air) 4-story boutique hotel. Floors 2, 3 and 4 include 5 rental units per floor. Ground floor amenities include management office, laundry room, men's and women's spas, men's and women's restrooms, fitness center, indoor pickleball court, sitting area and (2) elevators. Additionally, a roof-top pool. Recent city zoning and planning meeting fine tuned details, architect has updated the exterior building renderings, as shown. FDOT has approved access from N Federal Hwy.

Essential Information
MLS® #RX-10962794
Price$2,700,000
Acres0.00
TypeLand
Sub-TypeCommercial, Land
StyleNo
StatusActive
Community Information
Address6940 N Federal Hwy
Area4180
SubdivisionN. FEDERAL HWY
CityBoca Raton
CountyPalm Beach
StateFL
Zip Code33487
Utilities

Electric, Public Water, Municipal Sewer

Exterior
Lot Description1/2 to < 1 Acre
Additional Information
Date ListedFebruary 24th, 2024
Days on Market65
ZoningRB1
Listing Details
OfficeRealty Home Advisors Inc
Property History
Status Changed from New to Active
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All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2024 BeachesMLS, Inc.

Listing information last updated on April 29th, 2024 at 12:31pm EDT.

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2024 BeachesMLS, Inc.

Listing information last updated on April 29th, 2024 at 12:31pm EDT.

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