Active

6940 N Federal Highway

Boca Raton FL, 33487

$2,700,000


Active

Commercial

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.

R10962794

MLS ID

February 24, 2024

Listed

April 25, 2024

Updated

Map

6940 N Federal Highway
Boca Raton FL, 33487

Other Property Details

Area Name

4180


Taxes

$4,760


Tax Frequency

Annually


Days on Market

60


Garage

No


View

No


County

Palm Beach County


Pool

No


Buyer Agency Compensation

2.5%

Listed by: Realty Home Advisors Inc
Listing Contact: (561) 756-1370 

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Data last updated 4:09 AM UTC, 4/25/2024

 

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