Connect

6940 N Federal Highway, Boca Raton, FL – $2,700,000

  • $2.7M Price
  • $2.7M Price

6940 N Federal Highway

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
  • TypeLand / Boat Docks
  • Sub-TypeCommercial Land
  • StyleNo
  • StatusActive

Community Information

  • Address6940 N Federal Highway
  • 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

  • Listing Courtesy ofRealty Home Advisors Inc
  • Date ListedFebruary 24th, 2024
  • ZoningRB1
Please provide a valid email address.

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.