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824 NE 9TH Avenue, Delray Beach FL 33483

House For Sale
$3,800,000

BTC: 46.70599803

ETH: 1,562.50000000

New
5 bds
3 ba
2,556 sqft

Overview

RARE LUXURY DEVELOPMENT OPPORTUNITY IN EAST DELRAY BEACH! Exceptional opportunity to acquire a prime 0.38-acre parcel just ½ mile from the beach, ideally located off prestigious George Bush Boulevard and surrounded by multimillion-dollar estates and luxury townhome communities. This highly desirable coastal location offers the potential to develop up to FIVE luxury townhomes, subject to city approvals. An ideal setting for an exclusive boutique development featuring upscale contemporary residences designed to attract discerning luxury buyers. Conveniently located minutes from Atlantic Avenue's world-class dining, shopping, and entertainment. The property currently features an existing single-family residence, with redevelopment representing its highest potential use. Opportunities to acquire land of this size in such a coveted coastal location are increasingly rare. A PREMIER OPPORTUNITY FOR BUILDERS, DEVELOPERS, AND INVESTORS! Buyer responsible for verifying zoning, density, development feasibility, and all required approvals with the City of Delray Beach. Proposed renderings, if provided, are conceptual only and have not received city approval.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Driveway / Parking Garage
Year Built:
1949
Lot:
0.38 Acres
Heating:
Central Building A/C
Price/sqft:
$1,487
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,360,000
$654K – $2.5M
Confidence Low
List vs. estimate
$2.4M above estimate
List $3,800,000 · +179.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,486
+175.4% vs. city median $539
Based on
8 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.5M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,348
2025
View
Garden
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Other

    Heating

    • Central Building A/C

    Cooling

    • Central Air

    Other interior features

    • No Interior Features

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Full bathrooms: 3

  • Parking

    • 2 Or More Spaces

    • Driveway

    • Parking Garage

    Property

    • Levels: 1

    • Exterior Features: None

    Lot

    • Lot: 0.38 Acres

    Other Property Information

    • Parcel Number: 12434609160040161

    • Zoning: RM (city)

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Available

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $3,348

  • Source details

    • MLS ID: B26088889

    Other facts

    • Construction Materials: CBS Construction / Slab Construction / Stucco

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot / Less Than 1 Acre

    • Window Features: Other Windows

    • Direction Faces: East

    • Other Structures: Livable / Guest House

    • Architectural Style: Other / One Story

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2556

    • Water Source: Public

    • Subdivision Name: FREY SOPHIA ADD TO DELRAY,Sophia Frey

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Steadfast Realty LLC