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Presented by
Matthew Crowner |
SEIZE THE OPPORTUNITY to own a one-of-a-kind hidden gem in Delray Beach! Nestled on 1. 19 acres of natural beauty, this property offers a cozy "Old Florida" lifestyle with massive investment upside. Currently zoned Agricultural Residential (AR), it features a rare 8-unit per acre overlay and a . 45 FAR, making it prime for multi-family development or a grand luxury estate. Water and sewer are within reach. NOTE: The adjoining 1. 19-acre property at 5675 Sims Rd is also available for sale separately, offering a rare chance to assemble nearly 2. 4 acres for a larger-scale project. Whether you are an investor looking to develop up to 18+ units (with both lots) or a dreamer building a private compound, this is a scarce find. Close to Atlantic Ave, beaches, and I-95! Strategic Assemblage Opportunity The availability of 5679 Sims Road alongside the adjoining 5675 Sims Road creates a high-value assembly opportunity rarely seen in this pocket of Delray Beach. Combined Scale: Acquiring both parcels would grant a developer approximately 2. 25 acres of contiguous land. Density Potential: Based on the 8-unit-per-acre overlay shared by the Palm Beach County planner, a combined site could support an 18-unit residential project (subject to final site plan approval). Design Flexibility: The combined acreage allows for more efficient infrastructure layout, shared drainage solutions, and enhanced curb appeal for a boutique community or a massive private family compound. Development & Infrastructure Details This property is uniquely positioned for growth due to its favorable density and floor area ratios: Floor Area Ratio (FAR): The . 45 FAR allows for significant vertical or horizontal square footage, accommodating modern architectural designs that maximize the lot's footprint. Utility Connectivity: Unlike many "Old Florida" parcels that rely on well and septic, preliminary checks indicate that municipal water and sewer lines are within reach to serve the property, significantly lowering the barrier to entry for new construction. Zoning Versatility: While currently Agricultural Residential, the overlay provides a clear pathway for investors to transition the land into its "highest and best use" in a high-demand submarket. The Delray Beach Lifestyle Location is paramount, and 5679 Sims Road places you in the center of South Florida's most sought-after destination: Downtown Delray. Minutes from the vibrant energy of Atlantic Avenue, featuring world-class dining, art galleries, and the famous Pineapple Grove Arts District. Coastal Access: Enjoy the pristine Delray beaches just a short 15-minute drive away. Logistics: Conveniently situated between the Florida Turnpike and I-95, providing easy access to West Palm Beach, Boca Raton, and three major international airports (PBI, FLL, and MIA). Nature & Privacy: The property is a "hidden gem" for a reason—it offers the peace and quiet of a rural retreat while being surrounded by modern amenities and upscale developments. DISCLAIMER: All information provided regarding the property, including but not limited to zoning, unit density, overlay potential, Floor Area Ratio (FAR), and utility availability, is deemed reliable but is not guaranteed. It is the sole responsibility of the buyer and/or buyer's agent to independently verify all development possibilities, zoning regulations, and utility connections with Palm Beach County and the respective utility providers. No warranties, express or implied, are made by the Broker or the Owner regarding the suitability of the land for any specific use or future development.
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $960,000 | $960,000 | $960,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.362% | 6.349% | 6.183% |
| Monthly Tax Payment | $206 | $206 | $206 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,756 | $5,911 | $8,101 |
| Total Monthly Payment | $6,087 | $6,242 | $8,432 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.