More luxury townhouses planned for Delray Beach

This real estate feature from the South Florida Sun Sentinel highlights the latest new construction plans as demand increases for more homes and shops in the area. The public often asks, “What are we building there?” Here is one of the latest projects.

The location? 712 NE 8th Ave. in Delray Beach, just east of Federal Highway and south of George Bush Boulevard, minutes west of the Intracoastal Waterway.

What is planned? The project, Lynn Townhomes, provides three two-story units, ranging from 2,200 to 2,740 square feet. Each townhouse will include a swimming pool.

How much will the houses cost? While the project is still in the planning phase, Jared Collin of Collin Builders said they are looking to sell the units for between $2.5 million and $3 million. “We remain consistent with the use of zoning and in this particular corner, [the townhomes] just made the most sense for that number of units,” Collin said.

What is replaced? The 0.33-acre property currently has a single-family home and three individual housing units, which are primarily used for rentals like Airbnb, Collin said. The new townhouses will replace the current housing structure and be a “much bigger improvement,” Collin said.

See the request: Over the past two years, Delray Beach has seen an increase in new high-end development projects as more and more wealthy foreigners move to South Florida. More upscale units are on their way to the booming area north of Atlantic Avenue near George Bush Blvd.

Other nearby projects: Lynn Townhomes is the latest property being built in the upscale area around the Intracoastal Waterway by George Bush Boulevard and Palm Trail. The area has a number of homes listed at around $5 million, according to MLS listings. “At the moment the hardest part is getting land there,” Collin said. “Everyone buys it.”

Finding available land has been a problem with 98% of Delray Beach already built, according to city records, making it difficult to create new projects. The limited amount of land has made townhouses an attractive option for developers.

Earlier this year, Atlantic Grove received final city approval to build 14 three-story townhouses on a half-acre lot at 35 NW 4th Ave., just one block east west of the Delray Beach Tennis Center off Atlantic Avenue.

The Lynn Townhomes proposal is still being approved by the city’s approval commissions, so there is no construction date yet for the new townhomes.

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