6940 N Federal Hwy

$2,700,000

About This Property

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.

Essential Information

MLS® #RX-10962794
Price$2,700,000
Acres0.00
TypeLand
Sub-TypeCommercial Land
StyleNo
StatusActive

Community Information

Address6940 N Federal Hwy
Area4180
SubdivisionN. FEDERAL HWY
CityBoca Raton
CountyPalm Beach
StateFL
Zip Code33487

Amenities

Utilities

Electric, Public Water, Municipal Sewer

Exterior

Lot Description1/2 to < 1 Acre

Additional Information

ZoningRB1

Listing Details

OfficeRealty Home Advisors Inc

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6940 N Federal Hwy, Boca Raton (MLS® #RX-10962794) Property History

Status Changed from New to Active

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2024 BeachesMLS, Inc.

Listing information last updated on May 7th, 2024 at 7:15pm CDT.

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