Active

2410 N Federal Highway

Delray Beach FL, 33483

$8,100,000


$115.50 per sqft

Active

70,132 sqft

Commercial

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.

R10888172

MLS ID

May 7, 2023

Listed

February 16, 2024

Updated

Map

2410 N Federal Highway
Delray Beach FL, 33483

Interior Features

Total Stories

1


Floor Description

Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

1.61 Acres


Roof

Tar/Gravel


Sewer

Public Sewer

Other Property Details

Area Name

4360


Taxes

$43,233


Tax Frequency

Annually


Days on Market

181


Garage

No


View

No


County

Palm Beach County


Pool

No


Buyer Agency Compensation

4%

Listing History

Date

Event

Price

11/4/2023

Price Change

$8,100,000

-4%

11/4/2023

Price Change

$8,400,000

-2%

Listed by Christopher Nicotra, Robert Guntmacher with Ocean Delray Real Estate
Listing Contact: (561) 716-8090 

All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

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Data last updated 4:26 AM UTC, 2/16/2024

 

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