new - 7 days on rocket

2410 N Federal Hwy, Delray Beach, FL, 33483

$8,100,000

1.61 Acres
Land

Location

Image provided by Mapbox

Property Highlights

MLS #RX-11043866
Lot Size1.61 Acres
StatusActive

About 2410 N Federal Hwy

Introducing a remarkable investment opportunity with the iconic Ellie's 50s Diner now available for purchase. This versatile property offers a multitude of investment avenues, whether you aim to restore its legacy as a classic restaurant, convert it into a vibrant retail space, or undertake a transformative development into 18 luxurious townhomes. Positioned on a generous 1.61-acre lot along Federal Highway, with prominent frontage on Old Dixie Highway, this site ensures unparalleled accessibility and visibility, providing a strategic edge for your business endeavors. Located just 2 miles north of the bustling Atlantic Avenue, this prime location offers the perfect blend of convenience and potential.

Property Details

Property Features

Listing Office:

  • Office Name: Compass Florida LLC
  • Office Phone: (305) 851-2820
  • Listing Agent: Mark C Barone

Virtual/3D Tour

  • Virtual Tour: 2410 N Federal Hwy
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Lot Features

Lot Information:

  • Lot Size: 1.61 Acres

Other

Directions Information:

  • Directions: From 95 - Atlantic Ave E, N on NE 6th Ave, property on W side of Federal Highway

Price Information

Listing Price Info

Price Summary:

  • List Price: $8,100,000

Tax Information:

  • Annual Amount: $42,728
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Delray Beach, FL.

Med. Sold Price

$373.6K

Med. Price/SqFt

$276

Avg. Days On Market

71

# of Sold Homes

150

2410 N Federal Hwy vs Delray Beach

7 DAYS ON ROCKET

-64 Days

$8,100,000

+$7.7M More

KEY TAKEAWAY

This property is $7.7M more than the Median Sold Price in Delray Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-11043866

Listing Office:

  • Office Name: Compass Florida LLC
  • Office Phone: (305) 851-2820
  • Listing Agent: Mark C Barone

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 3:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$42,728$1,560,482
2019$41,562$1,402,422
2018$38,875$1,274,929
2017$36,605$1,159,026

History based on county public records data.

Payment Calculator

$40.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$24.3K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4346061
5
/10
  • S. D. Spady Elementary School

  • 901 NW 3rd St

  • 1.73 miles

  • Public Magnet Grades PK-5

school-card-donut-4346062
6
/10
  • Crosspointe Elementary School

  • 3015 S Congress Ave

  • 1.84 miles

  • Public Magnet Grades PK-5

school-card-donut-4346063
6
/10
  • Forest Park Elementary School

  • 1201 SW 3rd St

  • 2.06 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,899. Most Delray Beach, FL residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2410 N Federal Hwy

What is the listing price of this property?

The listing price of 2410 N Federal Hwy property is $8,100,000.

What type of property is this?

The property 2410 N Federal Hwy is land located in Delray Beach, Florida, 33483.

Is this property for sale now?

Active Listing: 2410 N Federal Hwy is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $42,728 (source: MLS/based on county public records data).

How much acreage is this property?

The property 2410 N Federal Hwy is 1.61 acres.
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Rocket Homes›Florida›Palm Beach County›Delray Beach›33483›2410 N Federal Hwy

This home is located at 2410 N Federal Hwy in Delray Beach, FL and zip code 33483. This home sits on a 1.61 acre lot. It has been listed on Rocket Homes since December 10, 2024 and is currently priced at $8,100,000.

Over 2 listings were sold over their listed price in November 2024 in Delray Beach, FL. In the same period over 129 listings were sold below the listed price and 19 listings were sold for the listed price. In November 2024 in Delray Beach, FL there were 9.6% more homes for sale than in October 2024. In November 2024, listings were on the market for 71 days. During the same period, the median list price in this real estate market was $373,687.

From Rocket Homes Real Estate and based on county public records data.

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