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Delray Beach
Residential Development Site
13038-13132 Barwick Road
Delray Beach, FL
Atlantic Ave.
Delray Beach, FL
table of contents
Highlights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
Property Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
Property Location. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
Property Description . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
Proposed Project . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
Future Land Use . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
Current Zoning. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
Future Zoning . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
Parcel ID # & Taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
Asset Summary. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
Price. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
Demographics . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6
Conceptual Site Plan. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7-8
Maps & Aerials. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9-12
Limitations and Disclaimer . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
Terms & Conditions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
Contact Information. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
2
highlights
• Soon to be annexed into the City of Delray Beach,
which will allow a maximum 12 units to the acre to
be built
•T
he site was previously planned for 51 townhomes
or a 100-bed ALF facility
•A
short drive to Downtown Delray and booming
Atlantic Avenue
•A
djacent to A-rated elementary school,
Banyan Creek
•A
-rated Atlantic Community High has one of
the only International Baccalaureate programs
in the county.
•S
urrounding neighborhoods are selling homes up
to $600,000
3
Property Information
Location
• Located at 13038-13132 Barwick Rd in Delray Beach, FL
33483
-T
he property is located just north of Lake Ida Rd and
just east of Military Trail
-A
10 minute to the heart of Downtown Delray and
vibrant Atlantic Ave with high end restaurants,
entertainment and shopping
Property Description
• The subject site is mostly rectangular and contains 6.68
acres. The site is to grade and there are currently two
single-family homes on the property, and is vacant and at
street level.
Proposed Project (Figure 1)
• The property was previously planned for 51 townhomes or
a three story, 100 bed ALF facility
Proposed Project - Figure 1
Future Land Use (Figure 2)
• MD (Medium Density) 6.68 acres
- Allows for 5-12 units per acre or a maximum of 80 units
current zoning
• The property currently has 3 different zoning
classifications from Unincorporated Palm Beach County
- RH- High Density Multifamily
- AR- Agriculture Residential
- MRH- Medium Residential
Future Land Use - Figure 2
4
Property Information
future zoning (Figure 3)
• The Seller is in the process of having the property annexed
into the City of Delray Beach and will be completed prior to
a purchaser’s closing.
•F
uture zoning by the City of Delray is MD-12, which allows
for up to 12 units per acre
Parcel ID # & Taxes
Parcel
Parcel ID
Taxes
1
00-42-46-12-00-000-1020
$5,050
2
00-42-46-12-00-000-1050
$5,011
3
00-42-46-12-00-000-1060
$1,600
Asset Summary
Address
13038-13132 Barwick Rd. Delray Beach, FL 33483
Site Size
6.68 Acres
Previous Plan
52 townhomes or 100 bed ALF
Future Land Use
Multi and Single-Family Residential
Current Zoning
RH – High Density Multifamily / AR – Agriculture /
MR5- Medium Residential
Future Zoning
MD-12 by the City of Delray
Status
In the process of being annexed into Delray Beach
Parcel ID
00-42-46-12-00-000-1020 / 1050 / 1060
Price
$2,295,000
Future Zoning - Figure 3
Asking Price: $2,295,000
5
demographics
Radius
1 Mile
3 Mile
5 Mile
11,923
11,549
11,996
98,745
93,397
89,423
252,504
237,902
224,566
3.24%
-3.73%
880
11,549
8,287
2,756
20
336
10
141
5.73%
4.44%
7,319
93,397
73,334
17,521
156
1,410
57
919
6.14%
5.94%
23,512
237,902
190,733
39,063
501
4,767
135
2,703
Population
2019 Projection
2014 Estimate
2010 Census
Growth 2014-2019
Growth 2010-2014
2014 Population by Hispanic Origin
2014 Population by Race
White
Black
Amer. Indian & Alaskan
Asian
Hawaiian & Pacific Island
Other
Households
2019 Projection
2014 Estimate
2010 Census
Growth 2014 - 2019
Growth 2010 - 2014
Owner Occupied
Renter Occupied
2014 Households by HH Income
<$25,000
$25,000 - $50,000
$50,000 - $75,000
$75,000 - $100,000
$100,000 - $125,000
$125,000 - $150,000
$150,000 - $200,000
$200,000+
2014 Avg Household Income
2014 Med Household Income
5,157
4,997
5,191
3.20%
1.23%
4,597
399
4,995
973
1,225
1,058
614
415
239
281
190
$73,387
$55,942
71.76%
23.86%
0.17%
2.91%
0.09%
1.22%
92.00%
7.98%
19.48%
24.52%
21.18%
12.29%
8.31%
4.78%
5.63%
3.80%
49,569
46,819
44,576
5.87%
0.55%
38,295
8,524
46,819
12,917
13,735
8,223
4,222
2,888
1,874
1,535
1,425
$61,192
$42,132
78.52%
18.76%
0.17%
1.51%
0.06%
0.98%
81.79%
18.21%
27.59%
29.34%
17.58%
9.02%
6.17%
4.00%
3.28%
3.04%
122,104
115,078
108,693
6.11%
0.94%
89,161
25,917
115,078
28,675
31,045
20,375
11,564
8,035
5,345
4,188
5,851
$69,699
$47,641
80.17%
16.42%
0.21%
2.00%
0.06%
1.14%
77.48%
22.52%
24.92%
26.98%
17.71%
10.05%
6.98%
4.64%
3.64%
5.08%
6
conceptual site plan
7
site plan
8
survey
9
MAPS & AERIALS
10
MAPS & AERIALS
11
drive-time map
12
Limitations and Disclaimer
This report is considered to be Confidential Information concerning Andrew V Podray’s (the ‘Seller”) asset in Delray Beach,
Florida. This document has been directly delivered by Realty Masters Advisors, LLC (“RMA” or “Broker”) to interested parties
for their sole use in evaluating a transaction with the Seller. Use of this information for other purposes or distribution (all or
in part) of this information to other parties is prohibited without prior written consent of Realty Masters and the Seller.
This Confidential Information is not to be disclosed, directly or indirectly, to any third party, except the following persons as
necessary to assist you in evaluating any proposed transaction: (a) your employees, officers and directors; (b) your agents
and representatives, including attorneys, accountants, financial advisors and other professional advisors and consultants
who need to know such information for the purpose of evaluating such possible transaction and (c) applicable regulatory
agencies having the jurisdiction over you ((a), (b), and (c) individually, a “Permitted Party” and collectively, the “Permitted
Parties”). Provided, however, that before providing the Confidential Information to any Permitted Party, you shall inform
such Permitted Party of the confidential nature of this information. No representation or warranty, express or implied, is
made as to the accuracy of the information set forth herein. Any party seeking to enter into a transaction with the Seller is
responsible for completing appropriate due diligence as they shall determine.
Terms & Conditions
The Seller has engaged Realty Masters Advisors, LLC (“RMA”) to serve as the exclusive real estate broker to market and
receive offers on the property. All offers should be made subject to the Limitations and Disclaimers, as well as, but not
limited to, consideration of the following assumptions:
•A
ll sales are “As-Is”. Buyers are strongly encouraged to complete their own due diligence related to but not limited to, the
value, condition and status of the asset.
• The Seller will deliver free and clear title to the property.
• Realty Masters and the Seller make no representation as to the description, condition, or suitability of the property.
•T
he property described in this document may not be available for sale due to the Seller’s negotiations with buyers. Neither
the Seller nor Realty Masters are required to update this document to reflect such changes.
13
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