511 NE 4TH ST, Boynton Beach, FL 33435
511 NE 4TH ST, Boynton Beach, FL 33435
511 NE 4TH ST, Boynton Beach, FL 33435
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Listed by Brad Kuskin • Compass Florida LLC
$6,750,000
Est. payment /mo
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511 NE 4TH ST Boynton Beach, FL 33435

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Allison Roman

Allison Roman

+1(321) 720-2141

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID B26089195

Construction Status Resale

Year Built 1955

Annual Tax Amount $59,000

Tax Year 2026

Property Sub-Type Mixed Use

Property Description

Federal Highway Redevelopment Assemblage: seven parcels, 1.24 AC (53,931 SF), in three development blocks in the Boynton Beach CRA Downtown District, one block north of Boynton Beach Blvd. Single owner; buy all or by block. Frontage on N Federal Hwy, NE 4th St, NE 4th Ave and NE 5th Ave. Zoned CBD and C-4; eligible under the Live Local Act for multifamily or mixed-use by right, no rezoning, up to the 14-story height across Federal Hwy. By-right concept: 99 units and 14,000 SF retail. Downtown TOD District and Opportunity Zone, near Ocean One, The Pierce and Town Square. Five buildings (6,459 SF) earn about $167K in place, $347K with the 511 NE 4th St venue leased; month-to-month tenancies allow vacant delivery. OM, survey dimensions and concept plans available. BLOCK A (0.70 AC, C-4): 511 and 522 NE 4th St, 312.5 ft on NE 4th St along the FEC corridor; turnkey 1,740 SF bar and event venue (marketed for lease at $15,000/mo gross, FF&E in place) plus 1,128 SF retail. BLOCK B (0.25 AC, CBD): 521 N Federal Hwy, 520 and 522 NE 5th Ave; corner with 100 ft on Federal, 128 ft on NE 5th Ave and 75 ft on NE 4th St. BLOCK C (0.29 AC, CBD): 417 and 445 N Federal Hwy; 128 x 100 ft corner with three street frontages. EXPANSION: adjoining owners have indicated a willingness to sell, creating the opportunity to grow the site to a contiguous assemblage of up to 4.4 acres, subject to acquisition and City approvals; ask the listing team about assemblage options. LOCATION: N Federal Hwy carries about 24,500 vehicles per day at the site. The CRA has committed $62.8M in tax increment agreements to the four largest downtown projects (Town Square, Ocean One, The Villages at East Ocean, The Pierce), and The Pierce four blocks south was approved at roughly 130 units per acre. Live Local projects may also qualify for the Middle Market property tax exemption. Buyer to verify all development standards with the City.

Location

State FL

County Palm Beach

Area 4330 Boynton Beach - E. Of 95

Direction From I-95, east on Boynton Beach Blvd, left (north) on N Federal Hwy. Parcels are on the west side of Federal between NE 4th Ave and NE 5th Ave, and on NE 4th St along the FEC railway.

Interior

Heating Central

Cooling Central Air

Flooring Concrete

Fireplace No

Exterior

Parking Features Free Parking

Utilities Available Cable Available, Electricity Available

Roof Type Other

Building

Story 1

Construction Status Resale

Others

Tax ID 08434521260030020

Ownership Other-see broker remarks

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Financing Cash

Martin County REALTORS® of the Treasure Coast (MCRTC MLS)

NEARBY SCHOOL & BUSINESS

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Allison Roman

Allison Roman

Agent License ID: 3409788

+1(321) 720-2141

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511 NE 4TH ST