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6940.N.Federal Boca Raton, FL 33487
Price: $2,700,000
Type of Property: Commercial LandArea: 4180
Style of Property:
ID#: 18010962794 Zoning_Information: RB1
Tax Amount: 4759.90
Status: Active & AvailableTax Year: 2023
Location of Property: City
County: Palm Beach
Folio Number: 06434632120150090
Listed Date year/month/day: 2024-02-24
Legal:SUB 32-46-43, N 34 FT OF S 509 FT (LESS E 975 FT) OF LT 15 LYG E OF US HWY NO 1

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.


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RealPro Group, Inc. is not responsible for the accuracy of the information listed above. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange Program (IDX) and the South East Florida Regional MLS and is provided here for consumers personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing.This property is listed by Realty Home Advisors Inc .
South Florida Real Estate
RealPro Group, Inc.
Licensed Real Estate Broker
 Equal Housing Opportunity
Joe A. Ardolino

Broker

Phone: 305 710-0119
Realtor - Multiple Listing Service
joe@realprogroup.com
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