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Listed by KW Innovations
$ 2,600,000
Est. payment | /mo
2.52 Acres Lot
$ 2,600,000
Est. payment | /mo
2.52 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Commercial Land
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID RX-11058271
HOA Y/N No
Annual Tax Amount $6,855
Tax Year 2024
Lot Size 2.516 Acres
Property Sub-Type Commercial Land
Property Description
Prime Multi-Family Development Opportunity - 5321 Maines StreetThis 1.81-acre lot is zoned Multi-Family Urban Fill, making it a prime investment for high-density residential development. The site comes with an approved site plan for 88 one-bedroom, one-bathroom units and 4 two-bedroom, one-bathroom units, maximizing its potential. Located in a rapidly growing urban area, this property offers excellent access to amenities and infrastructure. A rare opportunity for developers seeking a turnkey project in a strong rental market!
Location
State FL
County Palm Beach
Area 5730
Zoning Urban Infill
Exterior
Utilities Available Electric, Municipal Sewer
Exposure West
Building
Lot Description 1 to < 2 Acres
Others
Acceptable Financing Cash, Conventional
Horse Property No
Listing Terms Cash, Conventional
Financing Cash,Conventional
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