1221 Laing Street Delray Beach, FL $ 2,825,000
1221 Laing Street
$ 2,825,000
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1221 Laing Street

Delray Beach, FL, 33483
$ 2,825,000
Baths0.0

Monthly Estimate*

$ 18,776

1221 Laing Street, Delray Beach, FL 33483 - Image 1
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Studio

Lots and Land for sale in Delray Beach, FL

for $2,825,000.

Very special opportunity! Just 200 feet from Delray's pristine beach and located in the rarely available and sought-after enclave of Sandpiper Lane and Laing Street, lies a unique and ready-to-build property.Complete and City approved plans designed by renowned architect Gary Eliopolous offer a classic take on Delray Beach's French Creole architectural style. But--that is only part of the story of this incredible offering...The owner has obtained four Board of Adjustment variances and two City of Delray Beach waivers, allowing the construction to begin of a three-story, 4,900 square foot home on a 5,450 square foot lot--incredible!These entitlements run with the deed, meaning you can take advantage of a floor area ratio (FAR) of 90% in Delray's R-1AAA zone, where the maximum FAR

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Lots and Land Active

Price

$ 2,825,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 17,369

Style

Single Family

Town/City

Delray Beach

County/Region

Palm Beach

MLS | Web ID

RX10896480

Features
Exterior
Lot Description < 1/4 Acre
Improvements Cleared
Waterfront No
Roads City/County Maint.
Trees None
Lot Dimensions 50.0 ft x 109.0 ft
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General
Zoning R-1-AA
HOA None
Status Active
REO No
Subdivision CREGO AMD
Style Single Family
Type Single Family Detached
Property Type C
Area 4140
Auction No
Tax Year 2022
Terms Considered Cash
Short Sale No
Usage Unimproved Sing Fami
Taxes 17369.00
Utilities Available None
Virtual Tour https://www.propertypanorama.com/1221-Laing-Street-Delray-Beach-FL-33483/unbranded
Geo Area PB05
Legal Description CREGO SUB AMEND PL 3 E 50 FT OF W 300 FT OF LT 4 (LESS N 42 FT & S 10 FT LAING ST R/W)
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Internal Only
OriginalMLSID RX-10896480
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* Excluded Features
List By
Candace Friis

Listing Agent

The Corcoran Group

Broker

candace.friis@corcoran.com

Email

Affordability Calculator

$20,223
Per Month
93%
7%
0%
Monthly Principal & Interest
$18,776
Monthly Property Taxes
$1,447
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
368239 Elementary School
368240 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
10/30/2023 $2,825,000 -4.24% Price Down
6/12/2023 $2,950,000 Listed Price

Map


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1221 Laing Street, Delray Beach, FL, 33483 is a Lots and Land for sale at $2,825,000. 1221 Laing Street is a studio with 0.0 baths. The property's zip code is 33483 which is in Delray Beach, FL