Income producing property with redevelopment investment potential. BUY and HOLD! Located less than two blocks from Delray's famous Atlantic Avenue in the heart of downtown Delray Beach. Parcel comes with plans for four large townhomes. Named "America's Most Fun Small Town'', Delray Beach is experiencing a major building boom. The area is attracting developers, builders,& investors from all over the world. Don't miss this opportunity to build 4 units close to town and the beach. This desirable east location will attract buyers because of its proximity to shopping, restaurants and the beach. This is a pedestrian-friendly location. Residents will walk to the new iPic movie theater and Atlantic Crossing, Delray's new entertainment complex under construction. Currently 10 unit multi-family. Rent roll available.