218 SW 11th Ave, Delray Beach FL 33444

Description

Prime East Delray Beach Opportunity Zone Lot — Redevelop, Invest, or Live in the Heart of It All! Discover an exceptional 7,000 SF developable Opportunity Zone property with direct access to and less than 2 blocks from vibrant Atlantic Avenue in the heart of East Delray Beach. This rare offering comprises of a charming 2 bedroom 1 bathroom single-family home rented at $2,200/month within walking distance of Bustling Downtown Delray, Eclectic Pineapple Grove Arts District, iconic Beachwalk on Ocean Blvd, award-winning restaurants, and great nightlife. With unbeatable access via Atlantic Ave, Ocean Blvd, and I-95, this location connects effortlessly to major job centers, great schools, and world-class entertainment—making it ideal for both investors and end-users. A Visionary Buyer can redevelop into a stunning new home or hold long-term as a land bank strategy while benefiting from Opportunity Zone tax incentives or even make it your affordable starter home without compromising on location, convenience, or flexibility. As a Qualified Opportunity Zone site, buyers can potentially access significant federal capital gains tax benefits, making this an even more powerful long-term investment. Whether you're a developer, investor, or a family seeking an affordable centrally located home, This deal stands out as a rare blend of location, potential, and upside This Value-Add Deal makes a lot of sense if an experienced investor is able to add a second home on the parcel