Projects

The Garage Club

Project facts

Status
Pre-Development
Address
2004 N Federal Hwy
City
Delray Beach, Florida
Region
South Florida
Submarket
Delray Beach; Boynton Beach
Amenity tier
Premium
Key amenities
Owners' Clubhouse/Lounge, 14'+ Roll-Up Doors, Mezzanine Capabilities
Construction
Tilt Wall
Finish level
Luxury
Projected delivery
2027
Flood zone
X

Location Summary

Delray Beach / Delray Beach; Boynton Beach Overview

The Garage Club is planned at 2004 North Federal Highway, on the US 1 corridor in north Delray Beach, roughly 1.6 miles north of Atlantic Avenue and just south of the Town of Gulf Stream. The address sits in the affluent coastal band between downtown Delray and downtown Boynton Beach, a short drive from the Intracoastal Waterway and the beach via George Bush Boulevard, with I-95 roughly 1.5 miles west. The project is in pre-development with delivery targeted for 2027; it is a planned community, not an operating one.

Two inherited findings frame the market. Palm Beach County ranked first in the nation for net income inflow from domestic migration, a cumulative $22.7 billion from 2019 to 2023, and Florida levies no state income tax, the arithmetic behind a steady stream of Northeast and Midwest relocations. Within the county, the Delray Beach; Boynton Beach corridor is defined by Atlantic Avenue's dining and arts district and by a lifestyle-driven owner base of entrepreneurs, retired executives, seasonal residents, and Intracoastal boat owners, and it scores in the 87.0 wealth percentile on the SCK portfolio.

The immediate trade area is older and established rather than trophy-scale: the 5-mile ring counts 11,100 households earning $200,000 or more against a median age of 49.5. The north Federal Highway frontage is where Delray's coastal neighborhoods meet Gulf Stream's estate enclave, which gives the site a residential, rather than strip-commercial, character for a Premium-Tier offering with an owners' clubhouse.

Current Events & Infrastructure

Key Demand Drivers

North Federal Highway is being built out with attached townhomes and podium apartments, formats that provide one or two parking spaces and little room for a second collector car, a boat trailer, or a workshop. Owners who relocate to this part of Delray with multiple vehicles need secure, climate-controlled garage space close to home, and a clubhouse-anchored project answers that need within the neighborhood.

Location Highlights

Area Demographics (ACS 2024)

5-Mile Profile: Population 210,700 | Median HH Income $77,262 | HH Earning $150K+ 20.0% | Median Age 49.5 | Age 55+ 44.1% | Seasonal Units 13.8% | Households with 3+ Vehicles 11.9% | YoY Population Growth Not available

Wealth Index: 7.6 / 10 (SCK portfolio-relative)

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