6940 N Federal Hwy,

Boca Raton, FL

$2,700,000

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.

Facts & Features

MLS® # RX-10962794

Price $2,700,000

Acres 0.00

Type Land

Sub-Type Commercial Land

Style No

Status Active

Community Information

Address 6940 N Federal Hwy

Area 4180

Subdivision N. FEDERAL HWY

City Boca Raton

County Palm Beach

State FL

Zip Code 33487

Amenities

Utilities Electric, Public Water, Municipal Sewer

Is Waterfront No

Exterior

Lot Description 1/2 to < 1 Acre

Additional Information

Zoning RB1

Foreclosure No

Short Sale No

RE / Bank Owned No

Listing Details

Office Realty Home Advisors Inc

Brian Pearl

Cell: (561) 245-1541

Print Contact Agent

Listing information last updated on May 2nd, 2024 at 1:46pm EDT.

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6940 N Federal Hwy,

$2,700,000

Brian Pearl

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6940 N Federal Hwy,

$2,700,000

Brian Pearl

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