6940 N Federal Hwy, Boca Raton, FL

$2,700,000

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About 6940 N Federal Hwy

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.

Features of 6940 N Federal Hwy

MLS® # RX-10962794
Price $2,700,000
Acres 0.00
Type Land
Sub-Type Commercial Land
Style No
Status Active

Community Information

Address 6940 N Federal Hwy
Area 4180
Subdivision N. FEDERAL HWY
City Boca Raton
County Palm Beach
State FL
Zip Code 33487

Amenities

Utilities Electric, Public Water, Municipal Sewer
Is Waterfront No

Exterior

Lot Description 1/2 to < 1 Acre

Additional Information

Zoning RB1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRealty Home Advisors Inc

Listing Map

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