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$1,550,000
Delray Beach, FL 33444
TOWN OF DELRAY
Explore the area: Delray Beach homes for sale · Palm Beach County real estate
$8,146 /mo
Principal and interest only, based on $310,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateGolden chance in one of East Delray Beach's most dynamic and fast-evolving corridors. This rare offering includes a former children's daycare building situated on two adjacent lots, presenting an exceptional opportunity for investors, builders, and end users alike. The property may suit an upscale & successful daycare concept for the area's growing population. Set on an approximately 0.31-acre double parcel just moments from Atlantic Avenue, the site offers the flexibility to build one significant custom luxury residence or two separate luxury single-family homes, subject to buyer verification with the city. Surrounded by established homes and emerging luxury development, this location is increasingly recognized as one of Delray Beach's most desirable lifestyle-driven pockets. The setting offers outstanding walkability and convenience, with close proximity to downtown Delray Beach (0.5MI), the Beach(1.3MI), the Delray Beach Tennis Center(0.4MI), Town Hall, the Courthouse(0.2MI), the Police Station(0.2MI), and the vibrant restaurants, boutiques, and entertainment of Atlantic Avenue. It is also near Sundy Village(0.3MI), the exciting mixed-use development at Atlantic Avenue and Swinton Avenue, adding even more long-term appeal to the area. The existing 1925 Old Day Care cottage is not the basis of value and the property is being offered primarily for its land opportunity. The structure is being sold as-is, no inspection. This is a rare chance to secure a double lot in the heart of East Delray Beach and create a signature project in a location where demand for high-end living continues to grow....
Virtual TourAbout the Area
Delray Beach homes for sale run from $225K downtown condos to $10,000,000+ oceanfront estates. Atlantic Avenue condos start at $225K; oceanfront estates on the barrier island start at $2,500,000. Tropic Isle and Rainberry Bay sit in the $400K to $700K range. Valencia Cove and Saturnia Isles, west of Lyons Road, make up about 35% of resale volume. Atlantic Avenue itself is three blocks from the beach. The city has won the All-America City award three times. Delray Beach covers 16 square miles, with Boynton Beach to the north and Boca Raton directly south.
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Listing courtesy of Keller Williams Realty Services
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity Realty. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$1,550,000
Contact us to schedule a showing or ask a question.
Listed by Stephan A Meyer, Keller Williams Realty Services
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