Federal Highway Redevelopment Assemblage

511 NE 4th StreetBoynton Beach, FL 33435MLS Number B26089195

  • Price: $6,750,000
  • 1 Day on Market
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Federal 30-year interest rate: 7.4% last updated on Oct 15, 2026
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511 NE 4th Street Boynton Beach FL 33435511 NE 4th Street Boynton Beach FL 33435511 NE 4th Street Boynton Beach FL 33435511 NE 4th Street Boynton Beach FL 33435511 NE 4th Street Boynton Beach FL 33435511 NE 4th Street Boynton Beach FL 33435511 NE 4th Street Boynton Beach FL 33435511 NE 4th Street Boynton Beach FL 33435511 NE 4th Street Boynton Beach FL 33435511 NE 4th Street Boynton Beach FL 33435511 NE 4th Street Boynton Beach FL 33435511 NE 4th Street Boynton Beach FL 33435511 NE 4th Street Boynton Beach FL 33435511 NE 4th Street Boynton Beach FL 33435511 NE 4th Street Boynton Beach FL 33435511 NE 4th Street Boynton Beach FL 33435511 NE 4th Street Boynton Beach FL 33435511 NE 4th Street Boynton Beach FL 33435511 NE 4th Street Boynton Beach FL 33435511 NE 4th Street Boynton Beach FL 33435
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  • 1.24Acreage
  • 1955Year Built
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.
Listing by Compass Florida LLC

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Ocean Estate Properties
Ocean Estate Properties
Office: 561-504-9226
500 NE Spanish River Boulevard
Suite 104
Boca Raton, FL 33431

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More Info

Basic Information

  • Gross Income $167,280
  • Tenant Pays Cable TV, Sewer, Water

Location

  • Address511 NE 4th Street
  • Area4330
  • Building Number511
  • CountyPalm Beach
  • StateFL
  • StreetNE 4th Street
  • TownBoynton Beach
  • Zip33435

Interior

  • Flooring Concrete

Utilities

  • Electric Separate Meters
  • Heat SystemCentral
  • Heating YN Yes
  • Utilities Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Waste Water DisposalPublic Sewer

Tax Information

  • Tax Year 2026
  • Taxes$59,000

Building

  • Building ConstructionCBS (Concrete Block Structure), Block
  • Stories1
  • Structure Type Mixed Use, Retail
  • Units5
  • Year Built1955

Exterior

  • RoofOther

Property Information

  • Acreage1.24
  • Lot Features 1-2 Acres, Central Business District, City Lot
  • Occupant Type Tenant
  • Property Condition Resale
  • Property Sub Type Additional Mixed Use

Other

  • Date Listed10/16/2026
  • Documents Available
    • Aerial
    • Ground Photo
    • Lease
    • Rent Rolls
    • Site Plan
    • Survey
  • Possession Close Of Escrow, Negotiable, Subject To Tenant Rights
  • Special Listing Conditions Standard

Parking

  • Parking Features Free Parking
  • Parking Total 40

Basic Information

  • List Price$6,750,000
  • MLS NumberB26089195
  • Modification Date10/16/2026
  • Property SubTypeMixed Use
  • Property TypeCommercial Sale
  • StatusACT

Property

  • Business TypeCommercial, Retail
  • Number Of Buildings 5
  • Property NameFederal Highway Redevelopment Assemblage

Amenities

  • Cooling Central Air
  • Cooling YN Yes
  • Security Features Fire Alarm, Smoke Detector(s)

Water Body

  • Water AccessMultiple Meters, Public

Based on information submitted to BeachesMLS as of October 17, 2026 7:21 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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