Incredible investment opportunity to develop this prime location in Boca Raton. Minutes to shopping, restaurants, beaches, Mizner and Delray's, ''The Ave.'' Entitlements pending final approval include plans and renderings for a 17,000 sf (under air) 4-story boutique hotel. Floors 2, 3 and 4 include 5 rental units per floor. Ground floor amenities include management office, laundry room, men's and women's spas, men's and women's restrooms, fitness center, indoor pickleball court, sitting area and (2) elevators. Additionally, a roof-top pool. Recent city zoning and planning meeting fine tuned details, architect has updated the exterior building renderings, as shown. The comprehensive pro-forma and feasibility study documents are available for interested buyers to review upon request.