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Agenda 04-04-24
1.Call to Order 2.Pledge of Allegiance 3.Roll Call 4.Agenda Approval 5.Public Comment 6.Consent A.CRA Advisory Board Meeting Minutes - March 7, 2024 7.Assignments A.Pending Assignment No. 1 - Discussion and Consideration of New Assignments from the CRA Board assigned at the February 13, 2024 CRA Monthly Board Meeting B.Pending Assignment No. 2 - Discussion and Consideration of New Assignments from the CRA Board assigned at the February 13, 2024 CRA Monthly Board Meeting Regarding Property Acquisition C.Reports on Pending Assignments D.New Assignments 8.CRA Board Items for CRA Advisory Board Review and Recommendations CRA Advisory Board Meeting Thursday, April 4, 2024 - 6:30 PM City Hall Chambers, 100 E. Ocean Avenue 561-737-3256 AGENDA A. Additions, Deletions, Corrections to the Agenda B. Adoption of Agenda A. Old Business B. New Business 1 9.Future Agenda Items 10.Adjournment NOTICE THE CRA SHALL FURNISH APPROPRIATE AUXILIARY AIDS AND SERVICES WHERE NECESSARY TO AFFORD AN INDIVIDUAL WITH A DISABILITY AN EQUAL OPPORTUNITY TO PARTICIPATE IN AND ENJOY THE BENEFITS OF A SERVICE, PROGRAM OR ACTIVITY CONDUCTED BY THE CRA. PLEASE CONTACT THE CRA, (561) 737-3256, AT LEAST 48 HOURS PRIOR TO THE PROGRAM OR ACTIVITY IN ORDER FOR THE CRA TO REASONABLY ACCOMMODATE YOUR REQUEST. ADDITIONAL AGENDA ITEMS MAY BE ADDED SUBSEQUENT TO THE PUBLICATION OF THE AGENDA ON THE CRA'S WEBSITE. INFORMATION REGARDING ITEMS ADDED TO THE AGENDA AFTER IT IS PUBLISHED ON THE CRA'S WEBSITE CAN BE OBTAINED FROM THE CRA OFFICE. 2 •Attachment I - March 7, 2024 CRA Advisory Board Meeting Minutes CRA ADVISORY BOARD MEETING OF: April 4, 2024 CONSENT AGENDA ITEM 6.A SUBJECT: CRA Advisory Board Meeting Minutes - March 7, 2024 SUMMARY: See attached minutes. CRAB RECOMMENDATION: Approve the March 7, 2024 CRA Advisory Board meeting minutes. ATTACHMENTS: Description 3 1 CRA Advisory Board Meeting Thursday, March 7, 2024 - 6:30 PM City Hall Chambers, 100 E. Ocean Avenue 561-737-3256 1. Call to Order Chair Cobb called the meeting to order at 6:30 p.m. 2. Pledge of Allegiance Chair Cobb asked the board to stand for the Pledge of Allegiance 3. Roll Call Members Present: Naomi Cobb (Chair) Chevette Gadson Courtlandt McQuire (Vice-Chair) Lesha Roundtree Staff: Tim Tack, Acting CRA Executive Director Vicki Curfman, Administrative Assistant Leslie Harmon, Prototype, Inc. 4. Agenda Approval A. Additions, Deletions, Corrections to the Agenda None. B. Adoption of Agenda Motion: Mr. McQuire moved to adopt the agenda. Ms. Gadson seconded the motion. In a voice vote, the motion passed unanimously. 5. Public Comment None. 4 2 6. Information Only A. Process and Procedures for Assignments for CRA Advisory Board Mr. Tack, Acting CRA Executive Director, provided an overview of the background/history of the CRAB board, the process, and procedures of the board. Chair Cobb asked if Board members were allowed to contact staff for clarification. Mr. Tack affirmed and explained the process for outreach. Vice Chair McQuire asked if Board members were permitted to tour properties on their own and then bring back questions and concerns. Mr. Tack explained that future assignments would be directed by the City Commission and/or the CRA Board. Mr. Tack added he must follow the guidelines, as set, but would be happy to forward feedback or suggestions to the CRA Board for consideration. Ms. Gadson asked if the Board only operates on assignments from the City Commission or CRA Board. Mr. Tack replied yes but reinforced that Board members can represent themselves and lobby the CRA Board as individual residents. Vice Chair McQuire suggested the creation of Future Agenda items. Mr. Tack stated he would have to ask the CRA Board for guidance, based on the guidelines set forth. Vice Chair McQuire recommended the Board speak with CRA Board members to ensure smart assignments. Mr. Tack acknowledged the process or format may be antiquated and need updated. 7. Consent A. CRA Advisory Board Meeting Minutes – February 1, 2024 Ms. Gadson noted on Page 3, paragraphs one and two, she did not make those comments. She stated that Ms. Roundtree made those comments. Motion: Mr. McQuire moved to table the approval of the minutes until the next meeting. The motion died due to lack of second. Ms. Gadson recommended to take a few minutes to review the minutes. Motion: Mr. McQuire moved to approve the minutes, as amended. Ms. Roundtree seconded the motion. In a voice vote, the motion passed unanimously. 8. Assignments 5 3 A. Pending Assignments None. B. Reports on Pending Assignments None. C. New Assignments 1. Discussion and Consideration of New Assignments from the CRA Board Assigned at the February 13, 2024, CRA Monthly Board Meeting Mr. Tack provided an overview of the assignment, which includes initiating steps to review the 2016 CRA Plan, CRA beatification ideas, investigating opportunities for a grocery store within the Heart of Boynton, identifies areas along Ocean Avenue for a parking garage. Ms. Roundtree stated the Heart of Boynton does not appear to have commercial property. Mr. Tack confirmed Heart of Boynton qualifies as a food desert and a need has been demonstrated. Ms. Roundtree recommended annexation that would make a grocery store possible. Mr. Tack suggested the first step would be to take the CRA Plan home and review it. Chair Cobb asked how often the CRA Plan should be looked at. Mr. Tack replied that, typically, it should be done every five years. Chair Cobb asked if their scope included updating the CRA Plan. Mr. Tack affirmed. He added that the CRA was looking to hire a consultant for evaluation and community input since it currently reads like planning document. Vice Chair McQuire recommended the Board take home the CRA Plan, reconvene, and then send Mr. Tack ideas and suggestions to discuss. Mr. Tack clarified that they could have an open discussion at their next meeting. Mr. Tack further explained the six districts. Discussion ensued. Motion: Ms. Cobb moved to review the 2016 CRA Plan document and bring back suggestions Ms. Gadson seconded the motion. In a voice vote, the motion passed unanimously. Ms. Curfman clarified it would come back under pending items. 2. Discussion and Consideration of New Assignments from the CRA Board Assigned at the February 13, 2024, CRA Monthly Board Meeting Regarding Property Acquisition Mr. Tack provided an overview of the assignment, which includes identifying properties along the Federal Highway area and recommend whether to pursue acquisition. 6 4 Discussion ensued about the assignment and two properties. Mr. Tack noted there was no action needed at this time. It would come back as a pending item. 9. New Business CRA Board Items for CRA Advisory Board Review and Recommendations A. Old Business None. B. New Business None. 10. Future Agenda Items Vice Chair McQuire asked for an update on the Live Local Act. Mr. Tack confirmed he would get a status update. Vice Chair McQuire asked why the first Live Local project would not be included on the agenda. Mr. Tack explained they need to ensure it conforms with the procedures. 11. Adjournment There being no further business to discuss, the meeting was adjourned at 7:50 P.M. NOTICE THE CRA SHALL FURNISH APPROPRIATE AUXILIARY AIDS AND SERVICES WHERE NECESSARY TO AFFORD AN INDIVIDUAL WITH A DISABILITY AN EQUAL OPPORTUNITY TO PARTICIPATE IN AND ENJOY THE BENEFITS OF A SERVICE, PROGRAM OR ACTIVITY CONDUCTED BY THE CRA. PLEASE CONTACT THE CRA, (561) 737-3256, AT LEAST 48 HOURS PRIOR TO THE PROGRAM OR ACTIVITY IN ORDER FOR THE CRA TO REASONABLY ACCOMMODATE YOUR REQUEST. ADDITIONAL AGENDA ITEMS MAY BE ADDED SUBSEQUENT TO THE PUBLICATION OF THE AGENDA ON THE CRA'S WEBSITE. INFORMATION REGARDING ITEMS ADDED TO THE AGENDA AFTER IT IS PUBLISHED ON THE CRA'S WEBSITE CAN BE OBTAINED FROM THE CRA OFFICE. 7 CRA ADVISORY BOARD MEETING OF: April 4, 2024 ASSIGNMENTS AGENDA ITEM 7.A SUBJECT: Pending Assignment No. 1 - Discussion and Consideration of New Assignments from the CRA Board assigned at the February 13, 2024 CRA Monthly Board Meeting SUMMARY: At the monthly CRA Board Meeting on February 13, 2024, the CRA Board approved the following tasks be assigned to the CRA Advisory Board (CRAB): 1. Initiate the steps to revise the 2016 CRA Plan, A. With the first step to review the existing CRA plan, and B. With the end goal to incorporate both the grocery store and public parking as part of that plan. 2. Look for ways that are above and beyond the normal City functions to beautiful the area within the CRA district (cannot be in replacement of a normal City duty and needs to be above and beyond). 3. Investigate means to get a grocery store in the CRA Heart of Boynton area. 4. Identify potential locations for a Public Parking Garage preferably along Ocean Avenue. When matters are assigned to the CRAB, reliance on staff should be minimized to the extent possible. Individual members of the CRAB may not assign work to CRA or City staff members. Research by the members of the Advisory Board should be done independently and with as minimal reliance on CRA or City staff as possible. This will ensure that work continues to be accomplished as staff will not be overwhelmed with new assignments. Once the assignment is complete and the CRAB is ready to present a report to the CRA or City Commission, then the CRAB Board shall submit their report to CRA staff or the City Clerk for publishing on the next available agenda. FISCAL IMPACT: To be determined. CRA PLAN/PROJECT/PROGRAM: 2016 Boynton Beach Community Redevelopment Plan CRAB RECOMMENDATION: 8 •Attachment I - 2016 Redevelopment Plan To be determined. ATTACHMENTS: Description 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 CRA ADVISORY BOARD MEETING OF: April 4, 2024 ASSIGNMENTS AGENDA ITEM 7.B SUBJECT: Pending Assignment No. 2 - Discussion and Consideration of New Assignments from the CRA Board assigned at the February 13, 2024 CRA Monthly Board Meeting Regarding Property Acquisition SUMMARY: At the monthly CRA Board Meeting on February 13, 2024, the CRA Board approved the following tasks be assigned to the CRA Advisory Board (CRAB): Look for available properties for potential acquisition with a focus on commercial properties along the Federal Highway area (ex. vacant properties for commercial use). On July 14, 2020, the CRA Board assigned the CRAB with the task of identifying available properties located within key commercial and light industrial areas of the CRA. CRA staff will provide the CRAB with a list of properties found on Costar/LoopNet and the Multiple Listing Service that are being marketed as "for sale" or properties where the CRA has been presented an opportunity to purchase by the property owners or their representatives. The CRA Board's assignment involves the CRAB performing research and analysis on these properties. The goal of the assignment is to have the CRAB provide a priority list of properties or recommendations on whether or not to pursue possible acquisition based on available funding. All land assemblages for future redevelopment shall be in furtherance of the 2016 Boynton Beach Community Redevelopment Plan. Of the properties for sale (see Attachment I), categorize them as one of the following options: Pursue now as a land banking opportunity; or Pursue at a future time to be determined by the CRA Board; or Do not pursue because it does not fit the CRA mission Property Address Pursue Now as a Land Banking Opportunity Pursue at a Future Date Does not Fit the CRA Mission 252 •Attachment I - 1320 South Federal Highway - PAPA Map •Attachment II - 1320 South Federal Highway - Land for Sale - LoopNet •Attachment III - 1310 North Federal Highway - PAPA Map •Attachment IV - 1310 North Federal Highway - Retail for Sale - LoopNet •Attachment V - 724 North Federal Highway - PAPA Map •Attachment VI - 724 North Federal Highway - Crexi.com 1320 South Federal Highway - (see Attachments I- II) 1310 North Federal Highway - (see Attachments III- IV) 724 North Federal Highway - (see Attachments V- VI) When matters are assigned to the CRAB, reliance on staff should be minimized to the extent possible. Individual members of the CRAB may not assign work to CRA or City staff members. Research by the members of the Advisory Board should be done independently and with as minimal reliance on CRA or City staff as possible. This will ensure that work continues to be accomplished as staff will not be overwhelmed with new assignments. Once the assignment is complete and the CRAB is ready to present a report to the CRA or City Commission, then the CRAB Board shall submit their report to CRA staff or the City Clerk for publishing on the next available agenda. FISCAL IMPACT: To be determined. CRA PLAN/PROJECT/PROGRAM: 2016 Boynton Beach Community Redevelopment Plan CRAB RECOMMENDATION: To be determined. ATTACHMENTS: Description 253 3DOP%HDFK&RXQW\1RQHm0 0.04 0.070.02MilesScale: 1:2,257Date: 3/4/2024Time: 10:29 AM254 2/28/24, 4:56 PM 1320 S Federal Hwy, Boynton Beach, FL 33435 - Land for Sale | LoopNet https://www.loopnet.com/Listing/1320-S-Federal-Hwy-Boynton-Beach-FL/30515459/1/9 Commercial Land / Florida / Boynton Beach / 1320 S Federal Hwy, Boynton Beach, FL 33435 Call Message 1320 S Federal Hwy 0.52 Acres of Commercial Land Of fered at $2,750,000 USD in Boynton Beach, FL 33435 255 2/28/24, 4:56 PM 1320 S Federal Hwy, Boynton Beach, FL 33435 - Land for Sale | LoopNet https://www.loopnet.com/Listing/1320-S-Federal-Hwy-Boynton-Beach-FL/30515459/2/9 Message 1320 S Federal Hwy 0.52 Acres of Commercial Land Of fered at $2,750,000 USD in Boynton Beach, FL 33435 256 2/28/24, 4:56 PM 1320 S Federal Hwy, Boynton Beach, FL 33435 - Land for Sale | LoopNet https://www.loopnet.com/Listing/1320-S-Federal-Hwy-Boynton-Beach-FL/30515459/3/9 INVESTMENT HIGHLIGHTS 1 block from Atlantic Ocean & Intercoastal Message 1320 S Federal Hwy 0.52 Acres of Commercial Land Of fered at $2,750,000 USD in Boynton Beach, FL 33435 257 2/28/24, 4:56 PM 1320 S Federal Hwy, Boynton Beach, FL 33435 - Land for Sale | LoopNet https://www.loopnet.com/Listing/1320-S-Federal-Hwy-Boynton-Beach-FL/30515459/4/9 PROPERT Y FACTS Directly on S Dixie hosting +- 23000 cars daily Site Plan approved for medical of fice EXECUTIVE SUMMARY RE /MAX 360 is pleased to present the potential of "BOYNTON BEACH" at this location. This proper ty encompasses an irregular lot of approximately 0.52 acres, strategically positioned directly on S Dixie Highway and just one block away from the Ocean. The site includes an approved site plan and allows for additional leasable footage of approximately 25,000 sqf t of of fice space across four floors. While initially envisioned by the current owner as an of fice redevelopment project, the zoning permits a diverse range of uses, of fering various investment oppor tunities. AT TACHMENTS zoning MU 1 1320_S_FEDER AL_HW Y_Boy ton BOYNTON BEACH OM Price $2,750,000 Proper ty Type Land Sale Type Investment Proper ty Subtype Commercial Sale Conditions Build to Suit Proposed Use Retail No. Lots 1 Total Lot Size 0.52 AC Message 1320 S Federal Hwy 0.52 Acres of Commercial Land Of fered at $2,750,000 USD in Boynton Beach, FL 33435 258 2/28/24, 4:56 PM 1320 S Federal Hwy, Boynton Beach, FL 33435 - Land for Sale | LoopNet https://www.loopnet.com/Listing/1320-S-Federal-Hwy-Boynton-Beach-FL/30515459/5/9 1 LOT AVAIL ABLE Lot 0843452705 Price $2,750,000 Lot Size 0.52 AC Price Per AC $5,291,514 PROPERT Y HIGHLIGHTS 0.52 Acre Approved Site Plan Seller Financing Available 1 block west from the ocean SITE DETAIL Proposed Floors: 4 Buildable Area: 25,000 sqf t Lot Size: 0.52 Acre Year Built: Proposed 2025 Asking $3,000,000.00 DESCRIPTION The subject proper ty encompasses an irregular lot of approximately 0.52 acres, strategically positioned directly on S Dixie Highway and just one block away from the Ocean. The site includes an approved site plan and allows for additional leasable footage of approximately 25,000 sqf t of of fice space across four floors. While initially envisioned by the current owner as an of fice redevelopment projec t, the zoning permits a diverse range of uses, of fering various investment oppor tunities. PROPERT Y HIGHLIGHTS 0.52 Acre Approved Site Plan Seller Financing Available 1 block west from the ocean SITE DETAIL Proposed Floors: 4 Buildable Area: 25,000 sqf t Lot Size: 0.52 Acre Year Built: Proposed 2025 Asking $3,000,000.00 LO C ATION HIGHLIGHTS Seller financing available Along S Federal Hwy One block from the Beach Possibility to redevelop Site Plan approved for +/- 1 1,000 sqf t of medical office +/- 25,000 sqf t on 4 floors allowable by right 0.52 Acre Zoned MU-1 Parcel #08434527050000021Message 1320 S Federal Hwy 0.52 Acres of Commercial Land Of fered at $2,750,000 USD in Boynton Beach, FL 33435 259 2/28/24, 4:56 PM 1320 S Federal Hwy, Boynton Beach, FL 33435 - Land for Sale | LoopNet https://www.loopnet.com/Listing/1320-S-Federal-Hwy-Boynton-Beach-FL/30515459/6/9 LINKS REMAX 360 Commercial Website AERIAL MAP TRANSPORTATION COMMUTER RAIL COMMUTER RAIL Boynton Beach Commuter Rail (Tri-County Commuter) 9 min drive 4.3 mi Delray Beach Commuter Rail (Tri-County Commuter) 10 min drive 6.0 mi Message 1320 S Federal Hwy 0.52 Acres of Commercial Land Of fered at $2,750,000 USD in Boynton Beach, FL 33435 260 2/28/24, 4:56 PM 1320 S Federal Hwy, Boynton Beach, FL 33435 - Land for Sale | LoopNet https://www.loopnet.com/Listing/1320-S-Federal-Hwy-Boynton-Beach-FL/30515459/7/9 YOU MAY ALSO LIKE COMMUTER RAIL AIRPORT PROPERT Y TAXES ZONING Zoning Code MU-1 (Mixed Use 1 (MU-1). The MU-1 district implements the Mixed Use Low (MXL) future land use map (FLUM) classification of the Comprehensive Plan) Lake Wor th Commuter Rail (Tri-County Commuter) 14 min drive 8.7 mi Boca Raton Commuter Rail (Tri-County Commuter) 16 min drive 10.7 mi West Palm Beach Commuter Rail (Tri-County Commuter) 21 min drive 15.7 mi Palm Beach International Airpor t 22 min drive 15.3 mi For t Lauderdale–Hollywood International Airpor t 46 min drive 35.9 mi Parcel Number 08-43-45-27-05-000-0021 Improvements Assessment $0 Land Assessment $0 Total Assessment $680,610 Message 1320 S Federal Hwy 0.52 Acres of Commercial Land Of fered at $2,750,000 USD in Boynton Beach, FL 33435 261 2/28/24, 4:56 PM 1320 S Federal Hwy, Boynton Beach, FL 33435 - Land for Sale | LoopNet https://www.loopnet.com/Listing/1320-S-Federal-Hwy-Boynton-Beach-FL/30515459/8/9 More public record information on 1320 S Federal Hwy, Boynton Beach, FL 33435 The Outer Boynton Beach Land Proper ty at 1320 S Federal Hwy, Boynton Beach, FL 33435 is currently available. Contact ReMax 360 for more information. Listing ID: 30515459 Date Created: 1/3/2024 Last Updated: 2/25/2024 Address: 1320 S Federal Hwy, Boynton Beach, FL 33435 L AND PROPERTIES IN NE ARBY NEIGHBORHO ODS Downtown Delray Beach Commercial Land SOSA Commercial Land South Palm Park Commercial Land Downtown Jewel Commercial Land Bryant Park Commercial Land Tropical Ridge Commercial Land Mango Groves Commercial Land Sunset Ridge South Commercial Land College Park Commercial Land Willow Bend Commercial Land NE ARBY LISTINGS 745 NE 6th Ave, Delray Beach FL 3525 Old Boynton Rd, Boynton Beach FL 801-811 George Bush Blvd, Delray Beach FL 3045 N Federal … Auction Sale 2455 E Sunrise … Auction Sale 2801 NW 55th A… Auction Sale 1864 NW 175th … Auction Sale Message 1320 S Federal Hwy 0.52 Acres of Commercial Land Of fered at $2,750,000 USD in Boynton Beach, FL 33435 262 2/28/24, 4:56 PM 1320 S Federal Hwy, Boynton Beach, FL 33435 - Land for Sale | LoopNet https://www.loopnet.com/Listing/1320-S-Federal-Hwy-Boynton-Beach-FL/30515459/9/9 Connect with us © 2024 CoStar Group 850 Woolbright Rd, Boynton Beach FL The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind. About Us Contact Us Search Find a Broker Product Over view Mobile Terms of Use Privacy Policy Message 1320 S Federal Hwy 0.52 Acres of Commercial Land Of fered at $2,750,000 USD in Boynton Beach, FL 33435 263 3DOP%HDFK&RXQW\m0 0.01 0.030.01MilesScale: 1:1,128Date: 3/4/2024Time: 10:36 AM264 2/29/24, 1:01 PM 1310 N Federal Hwy, Boynton Beach, FL 33435 - Retail for Sale | LoopNet https://www.loopnet.com/Listing/1310-N-Federal-Hwy-Boynton-Beach-FL/28488406/1/10 Mixed Use Properties / Florida / Boynton Beach / 1310 N Federal Hwy, Boynton Beach, FL 33435 Call Message 1310 N Federal Hwy 4,840 SF | Retail Building | Boynton Beach, FL 33435 | $1,295,000 ($268 /SF) 265 2/29/24, 1:01 PM 1310 N Federal Hwy, Boynton Beach, FL 33435 - Retail for Sale | LoopNet https://www.loopnet.com/Listing/1310-N-Federal-Hwy-Boynton-Beach-FL/28488406/2/10 Message 1310 N Federal Hwy 4,840 SF | Retail Building | Boynton Beach, FL 33435 | $1,295,000 ($268 /SF) 266 2/29/24, 1:01 PM 1310 N Federal Hwy, Boynton Beach, FL 33435 - Retail for Sale | LoopNet https://www.loopnet.com/Listing/1310-N-Federal-Hwy-Boynton-Beach-FL/28488406/3/10 INVESTMENT HIGHLIGHTS Ideal for contractors, Landscapers and many other uses. The renovated proper ty presents an exciting oppor tunity for businesses to thrive and expand in a sought-af ter location.Message 1310 N Federal Hwy 4,840 SF | Retail Building | Boynton Beach, FL 33435 | $1,295,000 ($268 /SF) 267 2/29/24, 1:01 PM 1310 N Federal Hwy, Boynton Beach, FL 33435 - Retail for Sale | LoopNet https://www.loopnet.com/Listing/1310-N-Federal-Hwy-Boynton-Beach-FL/28488406/4/10 Renovated carwash site with Six (6) bays and first class of fice space. Introducing an exceptional oppor tunity to own a fully renovated and modernized commercial proper ty in the hear t of Boynton Beach. EXECUTIVE SUMMARY Renovated carwash site with Six (6) bays and first class of fice space. Ideal for contractors, Landscapers and many other uses. Introducing an exceptional oppor tunity to own a fully renovated and modernized commercial proper ty in the hear t of Boynton Beach. This meticulously upgraded proper ty showcases a harmonious blend of contemporar y design and func tionality, of fering an ideal space for a range of businesses. Stunning Renovations: This commercial proper ty has undergone a complete renovation, resulting in a stylish and polished space that exudes professionalism and modernity. From the sleek exterior façade to the thoughtfully designed interior, ever y aspect has been meticulously craf ted to create an inviting and visually impressive environment. Ample parking for 40 plus vehicles. Prime Location: Situated in a highly desirable location, this commercial proper ty benefits from excellent visibility, high traf fic, and a vibrant business community. Its proximity to major transpor tation routes, public transpor tation options, and popular amenities fur ther enhances its appeal and convenience for both customers and employees. Oppor tunity for Grow th: The renovated proper ty presents an exciting oppor tunity for businesses to thrive and expand in a sought- af ter location. With its strategic positioning and impressive upgrades, it of fers a solid foundation for long-term success and grow th. Modernized Systems: The renovation includes updated elec trical, plumbing, and HVAC systems, providing enhancedMessage 1310 N Federal Hwy 4,840 SF | Retail Building | Boynton Beach, FL 33435 | $1,295,000 ($268 /SF) 268 2/29/24, 1:01 PM 1310 N Federal Hwy, Boynton Beach, FL 33435 - Retail for Sale | LoopNet https://www.loopnet.com/Listing/1310-N-Federal-Hwy-Boynton-Beach-FL/28488406/5/10 PROPERT Y FACTS Sale Type Owner User Proper ty Type Retail Proper ty Subtype Building Size 4,840 SF Building Class B Year Built 1979 Price $1,295,000 Price Per SF $268 Building Height 1 Stor y Building FAR 0.17 reliability and efficiency. These upgrades not only contribute to a seamless operational experience but also minimize maintenance costs and increase the proper ty's long-term value. Don't miss out on this extraordinar y chance to own a turnkey commercial proper ty that has been thoughtfully renovated to meet the demands of the modern business landscape. Take advantage of the thriving commercial market in Boynton Beach and secure a proper ty that stands out from the rest. AT TACHMENTS C4 Permit ted Uses 1310 N. Federal Highway TAXES & OPERATING EXPENSES (ACTUAL - 2022) ANNUAL ANNUAL PER SF Taxes $20,796 $4.30 Operating Expenses $2,000 $0.41 Total Expenses $22,796 $4.71 Storefront Retail /Office Message 1310 N Federal Hwy 4,840 SF | Retail Building | Boynton Beach, FL 33435 | $1,295,000 ($268 /SF) 269 2/29/24, 1:01 PM 1310 N Federal Hwy, Boynton Beach, FL 33435 - Retail for Sale | LoopNet https://www.loopnet.com/Listing/1310-N-Federal-Hwy-Boynton-Beach-FL/28488406/6/10 Land Acres 0.66 AC Oppor tunity Zone Yes Zoning Commercial General - Commercial General (C4) this district permits a variety of commercial uses. Frontage 145 FT on Federal Highway LINKS Vir tual Tour AERIAL MAP TRAFFIC AMENITIES Bus Line Fenced Lot Signage Air Conditioning Message 1310 N Federal Hwy 4,840 SF | Retail Building | Boynton Beach, FL 33435 | $1,295,000 ($268 /SF) 270 2/29/24, 1:01 PM 1310 N Federal Hwy, Boynton Beach, FL 33435 - Retail for Sale | LoopNet https://www.loopnet.com/Listing/1310-N-Federal-Hwy-Boynton-Beach-FL/28488406/7/10 TRANSPORTATION COMMUTER RAIL COMMUTER RAIL Boynton Beach Commuter Rail (Tri-County Commuter) 5 min drive 2.2 mi Lake Wor th Commuter Rail (Tri-County Commuter) 12 min drive 6.6 mi Delray Beach Commuter Rail (Tri-County Commuter) 13 min drive 7.4 mi 19 min drive 12.1 mi Message 1310 N Federal Hwy 4,840 SF | Retail Building | Boynton Beach, FL 33435 | $1,295,000 ($268 /SF) 271 2/29/24, 1:01 PM 1310 N Federal Hwy, Boynton Beach, FL 33435 - Retail for Sale | LoopNet https://www.loopnet.com/Listing/1310-N-Federal-Hwy-Boynton-Beach-FL/28488406/8/10 YOU MAY ALSO LIKE COMMUTER RAIL AIRPORT PROPERT Y TAXES Boca Raton Commuter Rail (Tri-County Commuter) West Palm Beach Commuter Rail (Tri-County Commuter) 19 min drive 13.6 mi Palm Beach International Airpor t 20 min drive 13.3 mi For t Lauderdale–Hollywood International Airpor t 49 min drive 37.3 mi Parcel Number 08-43-45-22-07- 000-0492 Total Assessment $1,050,891 Land Assessment $567,240 Annual Taxes $20,796 ($4.30/SF) Improvements Assessment $483,651 Tax Year 2022 Payable 2023 3045 N Federal … Auction Sale 2455 E Sunrise … Auction Sale 2801 NW 55th A… Auction Sale 1864 NW 175th … Auction Sale Message 1310 N Federal Hwy 4,840 SF | Retail Building | Boynton Beach, FL 33435 | $1,295,000 ($268 /SF) 272 2/29/24, 1:01 PM 1310 N Federal Hwy, Boynton Beach, FL 33435 - Retail for Sale | LoopNet https://www.loopnet.com/Listing/1310-N-Federal-Hwy-Boynton-Beach-FL/28488406/9/10 More public record information on 1310 N Federal Hwy, Boynton Beach, FL 33435 The Outer Boynton Beach Retail Property at 1310 N Federal Hwy, Boynton Beach, FL 33435 is currently available. Contact The Keyes Company for more information. Listing ID: 28488406 Date Created: 5/15/2023 Last Updated: 2/13/2024 Address: 1310 N Federal Hwy, Boynton Beach, FL 33435 RETAIL PROPERTIES IN NE ARBY NEIGHBORHO ODS Downtown Delray Beach Mixed Use Proper ties Renaissance Commons Mixed Use Proper ties Downtown Jewel Mixed Use Proper ties NE ARBY LISTINGS 2050 N Federal Hwy, Delray Beach FL 2433-2463 Quantum Blvd, Boynton Beach FL 352 NE 3rd Ave, Delray Beach FL 1116 Hypoluxo Rd, Lake Wor th FL 117 Moorings Dr, Lantana FL 1701 W Boynton Beach Blvd, Boynton Beach FL 360 NE 4th St, Delray Beach FL 420 NE 3rd St, Boynton Beach FL 136-140 W Boynton Beach Blvd, Boynton Beach FL 200 W Lantana Rd, Lake Wor th FL The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind. About Us Contact Us Message 1310 N Federal Hwy 4,840 SF | Retail Building | Boynton Beach, FL 33435 | $1,295,000 ($268 /SF) 273 2/29/24, 1:01 PM 1310 N Federal Hwy, Boynton Beach, FL 33435 - Retail for Sale | LoopNet https://www.loopnet.com/Listing/1310-N-Federal-Hwy-Boynton-Beach-FL/28488406/10/10 Connect with us © 2024 CoStar Group Search Find a Broker Product Over view Mobile Terms of Use Privacy Policy Message 1310 N Federal Hwy 4,840 SF | Retail Building | Boynton Beach, FL 33435 | $1,295,000 ($268 /SF) 274 3DOP%HDFK&RXQW\LegendLegendm0 0.01 0.030.01MilesScale: 1:1,128Date: 3/29/2024Time: 12:14 PM275 3/27/24, 3:05 PM 724 N Federal Hwy, Boynton Beach, FL 33435 | Crexi.com https://www.crexi.com/properties/1216885/florida-lg-auto-sales 1/5 w.crexi- Themmeral Estaxchang Details Property Type Retail Subtype Auto Shop Square Footage 887 Price/Sq Ft $1,691.09 Lot Size (acres)0.33 Discover an exceptional commercial opportunity with this expansive corner lot on Federal Highway, currently hosting a successful car dealership. This prime location o ers unmatched visibility and access, positioned at the convergence of high-tra c roads. Seamlessly transition into the automotive industry with the existing dealership infrastructure and available vehicle inventory. Alternatively, reimagine the space for diverse retail possibilities, leveraging its strategic location amid a thriving commercial landscape. Grandfathered for Dealership. Property is grandfathered in as Auto sales. Have to go to Delray to nd comparable sized dealership that far east and close by. Address 724 N Federal Hwy, Boynton Beach, FL 33435 Show on Map Date Added Aug 29, 2023 Days on Market 211 days Time Since Last Update 91 days Marketing Description Investment Highlights Valuation Calculator Valuation Calculator L A Purchase Price * $1,500,000 Net Operating Income * Net Operating Income Down Payment * $1,500,000 100% Interest Rate * Interest Rate Term (years)* Term (years) Listing Contacts Brian Press License: FL Phone Number: Sign Up or Log In to see phone number View my pro le BP Jamie Hess License: 3533559 Phone Number: Sign Up or Log In to see phone number View my pro le Active Asking Price:$1,500,000 Learn more View Flyer Submit LOI Request Info Opportunity Zone LG Auto SalesLG Auto Sales GRANDFATHERED AUTO DEALERSHIP IN EAST BOYNTON BEACH FL Street View Gallery 10 Map View Property Due DiligenceFor Sale (/properties) Retail (/properties/Retail) FL (/prop… Subscribe to Intelligence for full access Analyze property details including ownership and nancial history. 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Subscribe Now (/)Upgrade Add Listings (/add- prope Enter a location or keyword For Sale (/properties) For Lease (/lease/properties) Auctions (/properties/Auctions) Property Data (/property- records/search) Intelligence (/intelligence) 276 3/27/24, 3:05 PM 724 N Federal Hwy, Boynton Beach, FL 33435 | Crexi.com https://www.crexi.com/properties/1216885/florida-lg-auto-sales 2/5 Find relevant comps for this listing Find comps by clicking below Loan Amount $0.00 Annual Debt Service $-- $-- Annual Cash Flow $-- $-- Login or Sign up to see Valuation Metrics Sign up for Crexi to see valuation metrics for this property DSCR Cap Rate ROI Sign Up Similar Properties See More (/properties/FL/Boynton_Beach/Retail) $275,000 Auto Repair Biz for sale Auto Repair Shop biz for sale 1100 Ave 6 N Lake Worth Beach, FL 33460 View Flyer $2,000,000 802-810 S Dixie Hwy Lake Wo… +/- 11,108 SF MIXED USE BUILDIN… 802 S Dixie Hwy Lake Worth Beach, FL 33460 View OM $ 7 R 7 B Listing Contacts Brian Press License: FL Phone Number: Sign Up or Log In to see phone number View my pro le BP Jamie Hess License: 3533559 Phone Number: Sign Up or Log In to see phone number View my pro le Active Asking Price:$1,500,000 Learn more View Flyer Submit LOI Request Info Opportunity Zone LG Auto SalesLG Auto Sales GRANDFATHERED AUTO DEALERSHIP IN EAST BOYNTON BEACH FL Street View Gallery 10 Map View Find Comps Sign In to ViewInstantly see critical demographics Property Due DiligenceFor Sale (/properties) Retail (/properties/Retail) FL (/prop… 277 3/27/24, 3:05 PM 724 N Federal Hwy, Boynton Beach, FL 33435 | Crexi.com https://www.crexi.com/properties/1216885/florida-lg-auto-sales 3/5 Listing Contacts Brian Press License: FL Phone Number: Sign Up or Log In to see phone number View my pro le BP Jamie Hess License: 3533559 Phone Number: Sign Up or Log In to see phone number View my pro le Active Asking Price:$1,500,000 Learn more View Flyer Submit LOI Request Info Opportunity Zone LG Auto SalesLG Auto Sales GRANDFATHERED AUTO DEALERSHIP IN EAST BOYNTON BEACH FL Street View Gallery 10 Map View 1 mile 3 miles 5 miles Subscribe to see demographic trends including population, income, and more within 1-, 3-, and 5-miles of your property of interest. Property Due DiligenceFor Sale (/properties) Retail (/properties/Retail) FL (/prop… 278 3/27/24, 3:05 PM 724 N Federal Hwy, Boynton Beach, FL 33435 | Crexi.com https://www.crexi.com/properties/1216885/florida-lg-auto-sales 4/5 *All information is deemed reliable but not guaranteed Buyer to verify Zip Code Visitation Trends ? Feb 2024Vs.Feb 2023 Zip Code: 33… Top Properties Regional Change Monthly Trends Properties by rank YoY Rank Visits #1 Su… 501 SE 18th Ave,…--- #2 W… 3625 Federal Hw…1 #3 … 501 SE 18th Ave,…1 #4 Riv… 1634 S Federal …--- #5 M… 1799 N Congres…--- Full Report Embed All Nei… Big B… Groce… Neig… Fast … Broker Information Broker Name Brian Press Broker License FL Brokerage Name Engel & Völkers Del Ray Brokerage Address 900 East Atlantic Avenue, Delray Beach, United States 33483 Broker Name Jamie Hess Broker License 3533559 Brokerage Name Engel & Völkers Del Ray Brokerage Address 900 East Atlantic Avenue, Delray Beach, United States 33483 Location Insights Listing Contacts Brian Press License: FL Phone Number: Sign Up or Log In to see phone number View my pro le BP Jamie Hess License: 3533559 Phone Number: Sign Up or Log In to see phone number View my pro le Active Asking Price:$1,500,000 Learn more View Flyer Submit LOI Request Info Opportunity Zone LG Auto SalesLG Auto Sales GRANDFATHERED AUTO DEALERSHIP IN EAST BOYNTON BEACH FL Street View Gallery 10 Map View Property Due DiligenceFor Sale (/properties) Retail (/properties/Retail) FL (/prop… 279 3/27/24, 3:05 PM 724 N Federal Hwy, Boynton Beach, FL 33435 | Crexi.com https://www.crexi.com/properties/1216885/florida-lg-auto-sales 5/5 All information is deemed reliable but not guaranteed. 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