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Ready May 2026 |  Starting at $2.1M

Shovel Ready Luxury Development Opportunity

Opportunity

SkyHaus Townhomes is a shovel-ready duplex development opportunity in East Delray Beach. The architectural plans are complete, zoning is confirmed, and the product is designed for today’s luxury buyer seeking new construction inventory in a coastal market.

The property is zoned RL – Low Density Residential, allowing for duplex development. 40% max lot coverage, 25% open space requirement (Compliant per zoning analysis in plan set)

❋ ZONING

Located at 1246 & 1248 NE 8th Avenue, SkyHaus sits on approximately 10,454 SF (0.24 acres) within the City of Delray Beach 

❋ PLAT DETAILS

  • Two luxury townhome residences

  • Approximately 2,530 SF under air / 2,950 SF total structure per unit

  • Two-car garages per residence

  • Private outdoor living areas with Pool and summer kitchen

❋ PRODUCT CONCEPT

  • Full set of Architectural Plans

  • Design schedule

  • Plat division & new address

  • Approved build permits

  • Demo & graded site

❋ WHAT'S INCLUDED

Who This Is For

A Builder-Operator

This opportunity is structured for builders seeking a defined, execution-ready project in East Delray. For builders who can construct at cost, the structure supports improved margin through operational efficiency. Early-stage design, positioning, and financial validation have already been addressed. Includes:

  • Complete architectural plans

  • Value-engineered layouts aligned with the proposed construction budget

  • Product positioning calibrated to the $2M+ luxury buyer segment

  • Market analysis and underwriting already completed

  • Reduced pre-development timeline

An Investor

This project is appropriate for an investor seeking development-level returns without an internal development team. Curbvest can oversee pre-construction, construction management, and execution strategy, allowing you to participate in development without building the operational infrastructure independently, aligning execution with the original underwriting. Includes:

  • Completed architectural design

  • Confirmed zoning and compliant site planning

  • Vetted financial underwriting

  • Defined resale strategy

  • Optional development management through Curbvest Development

A Homeowner

Ideal for a homeowner who wants new construction with their voice reflected in the process. Instead of purchasing a finished spec home, you step into an established architectural framework and refine the interior finishes and detailing to align with your preferences. With a luxury design team guiding selections through construction, you gain customization with structure, professional oversight, and a clear path to completion.

  • A modern, architect-designed residence as a starting point

  • The ability to customize interior finishes and material selections

  • Collaboration with a luxury design team through the build process

  • Structured oversight from concept refinement through completion

  • A value-engineered plan that balances aesthetics with budget discipline

Modern kitchen with wooden cabinets, marble countertops, and a kitchen island with four cream-colored upholstered stools, large windows and glass doors leading outside to a patio and pool area, decorated with vases of dried flowers.
Modern living room with beige furniture, a flat-screen TV on a light wall, wooden accents, plants, and a staircase with glass railing.
Modern kitchen and dining area with beige wooden cabinets, a large kitchen island, a dining table with eight chairs, and a living area with a sofa, all with neutral tones and natural light from large windows.

Financial Overview & Profit Potential

CURRENTLY AVAILABLE

Final numbers will depend on capital and holding costs, but a sample underwriting looks like:

OFFER PRICE

$1,750,000

COMPS PPSF

$1,100-$1,300+

Full Set Plans & Designs with Material Selections, Permit, Demo, Plat Split Addresses

INCLUDES
BUILD COST ESTIMATE

$1,800,000

PROFIT POTENTIAL

$1M-$2.6M+

$2.7M-$3.2M+ (each) | $5,5M-$6.5 total

RESALE TARGET

Investment Structures Available

SkyHaus Townhomes may be structured as:

  • Lot Sale Only – Buyer acquires shovel-ready parcel w/ plans

  • Joint Venture Development – Capital + Builder partnership

  • Custom End-User Build – Pre-sale opportunity

Flexible structuring available depending on investor profile.

For financial model access, pro forma details, or to review full construction drawings, contact us: