Address2410 N Federal Hwy, Delray Beach, FL, 33483

Price$8,100,000

  • Commercial
  • 8,656 SQ FT
  • Built in 1970

Introducing an exceptional investment opportunity! The iconic Ellie's 50s Diner has now become available for purchase. This prime property presents an array of investment opportunities. You can revive it as a classic restaurant, transform into a retail space, or undergo a remarkable transformation into a development site for 18 luxurious townhomes.Situated on a spacious 1.61-acre lot on Federal Highway with a prominent frontage on Old Dixie Highway, this property boasts exceptional accessibility and visibility, ensuring a strategic advantage for your business venture. Whether you choose to operate it as a restaurant, lease it to a tenant, or embark on a full-scale property transformation, you'll benefit from a prime location just 2 miles North of the renowned Atlantic Avenue.

Essential Information

  • MLS® #RX-10888172
  • Price$8,100,000
  • Taxes$43,233 (2022)
  • Square Footage8,656
  • Acres1.61
  • Price/SqFt$936 USD
  • Year Built1970
  • TypeCommercial
  • Sub-TypeMixed
  • StatusActive

Community Information

  • Address2410 N Federal Hwy
  • Area4360
  • SubdivisionDELRAY BEACH ESTATES
  • CityDelray Beach
  • CountyPalm Beach
  • StateFL
  • Zip Code33483

Style

Commercial, Free Standing, Office/Retail, Retail

Utilities

3-Phase Electric, Municipal Water, Public Sewer

Amenities

Interior

  • AppliancesBuilding and Land
  • HeatingCentral
  • CoolingCentral
  • # of Stories1

Exterior

  • Lot DescriptionRest/redevelopment
  • RoofTar/Gravel

Additional Information

  • Days on Website353
  • ZoningGC(cit

Listing Details

  • OfficeOcean Delray Real Estate
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Price Change History for 2410 N Federal Hwy, Delray Beach, FL (MLS® #RX-10888172)

Date Details Change
Status Changed from Price Change to Active
Price Reduced from $8,400,000 to $8,100,000 $300,000 (3.57%)
Status Changed from Active to Price Change
Price Reduced from $8,550,000 to $8,400,000 $150,000 (1.75%)
Status Changed from New to Active

Similar Listings To: 2410 N Federal Hwy, Delray Beach

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Listing information last updated on April 25th, 2024 at 11:31am EDT.

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