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$ 1,925,000
Est. payment | /mo
2.2 Acres Lot
$ 1,925,000
Est. payment | /mo
2.2 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Pineridge Gardens
MLS Listing ID A12123024
HOA Y/N No
Annual Tax Amount $5,688
Tax Year 2024
Lot Size 2.200 Acres
Acres 2.2
Lot Dimensions 415x275
Property Sub-Type Commercial
Property Description
PRIME DEVELOPMENT OPPORTUNITY IN WEST PALM BEACH!
Exceptional opportunity for developers, builders, and investors to acquire approximately 2.2 acres of developable vacant land in a desirable and growing West Palm Beach location. This expansive parcel offers tremendous potential for multifamily residential development, with reported approvals for a 36-unit apartment community, featuring 18 one-bedroom and 18 two-bedroom residences.
Ideally positioned between I-95 and Florida's Turnpike, the property provides convenient access to Downtown West Palm Beach, Palm Beach International Airport, major employment centers, shopping, dining, and everyday amenities.
The site offers high-density multifamily development potential, with additional possible uses including assisted living, rehabilitation facilities, and religious institutions, subject to applicable approvals and zoning requirements. Public water, sewer, and electric utilities are reported available.
A rare opportunity to capitalize on South Florida's continued growth and demand for residential housing. Whether you're an experienced developer or an investor seeking your next project, this property offers location, flexibility, and significant development potential.
Buyers are encouraged to conduct their own due diligence regarding zoning, development approvals, permitted uses, utilities, and building requirements. Bring your vision and make this exceptional investment opportunity a reality
rendering is conceptual
Exceptional opportunity for developers, builders, and investors to acquire approximately 2.2 acres of developable vacant land in a desirable and growing West Palm Beach location. This expansive parcel offers tremendous potential for multifamily residential development, with reported approvals for a 36-unit apartment community, featuring 18 one-bedroom and 18 two-bedroom residences.
Ideally positioned between I-95 and Florida's Turnpike, the property provides convenient access to Downtown West Palm Beach, Palm Beach International Airport, major employment centers, shopping, dining, and everyday amenities.
The site offers high-density multifamily development potential, with additional possible uses including assisted living, rehabilitation facilities, and religious institutions, subject to applicable approvals and zoning requirements. Public water, sewer, and electric utilities are reported available.
A rare opportunity to capitalize on South Florida's continued growth and demand for residential housing. Whether you're an experienced developer or an investor seeking your next project, this property offers location, flexibility, and significant development potential.
Buyers are encouraged to conduct their own due diligence regarding zoning, development approvals, permitted uses, utilities, and building requirements. Bring your vision and make this exceptional investment opportunity a reality
rendering is conceptual
Location
State FL
County Palm Beach
Community Pineridge Gardens
Area 5500
Zoning RH
Exterior
Utilities Available None, Sewer Not Available
Present Use Single Family
Private Pool Yes
Building
Sewer None
Water Other
Others
Tax ID 00424325000007170
Ownership Corporation
Listed by EXP Realty LLC