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