2410 N Federal Highway

Introducing an exceptional investment opportunity! The iconic Ellie's 50s Diner has now become available for purchase. This prime property presents an array of investment opportunities. You can revive it as a classic restaurant, transform into a retail space, or undergo a remarkable transformation into a development site for 18 luxurious townhomes.Situated on a spacious 1.61-acre lot on Federal Highway with a prominent frontage on Old Dixie Highway, this property boasts exceptional accessibility and visibility, ensuring a strategic advantage for your business venture. Whether you choose to operate it as a restaurant, lease it to a tenant, or embark on a full-scale property transformation, you'll benefit from a prime location just 2 miles North of the renowned Atlantic Avenue.

Essential Information

MLS® #RX-10888172
Price$8,100,000
Square Footage8,656
Acres1.61
Year Built1970
TypeCommercial
Sub-TypeMixed
StatusActive

Style

Commercial, Office/Retail, Free Standing, Retail

Community Information

Address2410 N Federal Highway
Area4360
SubdivisionDELRAY BEACH ESTATES
CityDelray Beach
CountyPalm Beach
StateFL
Zip Code33483

Amenities

Utilities

3-Phase Electric, Public Sewer, Municipal Water

Interior

AppliancesBuilding and Land
HeatingCentral
CoolingCentral
# of Stories1

Exterior

Lot DescriptionRest/redevelopment
RoofTar/Gravel

Additional Information

Listing Courtesy ofOcean Delray Real Estate
Date ListedMay 8th, 2023
ZoningGC(cit

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Price Change History for 2410 N Federal Highway, Delray Beach, FL (MLS® #RX-10888172)

Date	Details	Change
07/19/2024	Price Reduced from $8,500,000 to $8,100,000	$400,000 (4.71%)
06/05/2024	Price Increased from $8,100,000 to $8,500,000	$400,000 (4.94%)
11/04/2023	Price Reduced from $8,400,000 to $8,100,000	$300,000 (3.57%)
11/04/2023	Price Reduced from $8,550,000 to $8,400,000	$150,000 (1.75%)

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2410 N Federal Highway, Delray Beach, FL – $8,100,000