This offering consists of four contiguous parcels forming a multifamily development assemblage in the Mercer Park neighborhood of West Palm Beach.


Property

Website:https://www.nestseekers.com/5587223
Address:
West Palm Beach, FL 33401
Ownership: For Sale
Type: Land
Lot Size: 0.5 Acres

Financials

Price:$2,195,000
Annual Taxes:$6,323.76

Description

This offering consists of four contiguous parcels forming a multifamily development assemblage in the Mercer Park neighborhood of West Palm Beach. The site is zoned MF14 and includes preliminary plans for a 12-unit development, incorporating a workforce housing density bonus. It is currently improved with three income-producing houses that collectively generate approximately $7,700 per month. All parcels are being sold together as a single assemblage. Seller prefers to sell parcels together. Development feasibility details and preliminary plans are available upon request. The buyer is responsible for verifying zoning classifications, allowable density, and overall development potential with the City of West Palm Beach

Amenities

  • Cable - Available
  • Cleared
  • Curbs
  • Electricity Available
  • Phone Available
  • Sewer Available
  • Sidewalks
  • Water Available

Contact

Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Listing Courtesy of LoKation

West Palm Beach FL 33401 USA