House in West Palm Beach, Florida 3 rooms, 74.32 sq.m. № 2240200

House in West Palm Beach, Florida 3 rooms, 74.32 sq.m. № 2240200
ID2240200 $ 1 500 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
2240200

Property description

Exceptional development opportunity for investors, builders, or developers. This 1.47-acre property is currently zoned Residential High Density with future land use supporting multi-family development. Situated within an Opportunity Zone, it offers potential tax incentives and streamlined permitting. The site currently allows for approximately 5 units per acre with a 35' height limit, with substantial upside through assemblage. The city has indicated that securing an adjacent parcel could enable a private road with direct access to Haverhill Rd., significantly increasing allowable density and overall value. A rare chance to capitalize on a strategically located growth corridor with so much potential!
MLS #: B26007254
Contact the seller
Contact me via
CityWest Palm Beach
Address5133 Pine Grove Drive N, West Palm Beach FL 33417
TypeHouse
Rooms3
Living space74.32 m²
  • sq. ft
Completion dateIV quarter, 1962
Parking places2
Parking typeOpen air
Price
  • Price
  • per m²
$ 1 500 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £