630 B Allen Avenue, Delray Beach, FL 33483

Property Description

Incredible investment opportunity to buy 2 lots on Allen Ave ($1.1M each) now in a rapidly transforming Delray Beach neighborhood surrounded by luxurious new single-family homes. This is a rare chance to secure a property on a street where values continue to rise as the area evolves. The lot currently features a four-plex generating consistent monthly income through long-term tenants and Airbnb, providing strong cash flow to cover expenses while you prepare to build. Delivered with complete, fully approved plans for a modern luxury single-family home exceeding 4,500 sq ft. Conveniently located east of Federal Highway, this offering combines a prime location with exceptional upside potential. Invest on this highly desirable street before it becomes more competitive! Each lot is 50 x 145. Call for details on the 2 lot land deal - each lot $1.1M

Listing Status:

Active

Date Added:

August 27, 2026

Data Last Updated:

September 28, 2026 at 3:20PM

Listing Office:

Apollo Investment & Real Estate Holdings LLC : 561-716-8090

Listing Agent:

Christopher S Nicotra : 561-716-8090

MLS ID:

B26069072

Location

• Road/Access: Paved
• Originating MLS: BEACH_BEACH
• County: Palm Beach

Lot

• Zoning: R-1-ASNOW HILL LTS 21 & 22 & TH PT OF 15 FT ALLEY (NOW ABANDONED) LYG SLY THERE OF & ADJ THERETO BLK B1x1x1x1x1x1x
• Fencing: None
• Current Use: Multi-Family

Utilities

• Utilities: Cable AvailableElectricity Not AvailableSewer AvailableWater Available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: BEACH_BEACH