Bought with SVN Florida PB LLC
$1,600,000
$1,650,000
3.0%For more information regarding the value of a property, please contact us for a free consultation.
1.41 Acres Lot
SOLD DATE : 04/30/2019
Key Details
Sold Price $1,600,000
Property Type Vacant Land
Sub Type Commercial Land
Listing Status Sold
Purchase Type For Sale
Subdivision Marina Add To Village Of North Palm Beach In
MLS Listing ID RX-10322670
Sold Date 04/30/19
HOA Y/N No
Annual Tax Amount $14,234
Tax Year 2016
Lot Size 1.413 Acres
Property Description
Newly Priced to Fit Market Demand. Located on a signalized hard corner with 200+/- feet along U.S. Highway One, this 1.4+/- acre commercial parcel is ideally situated for a mixed-use/office/retail/multifamily development project. The property was previously approved (2006) for a mixed-use project, known as Villa Porte. The project included 18, 3 & 4 story townhouses, 1,679+/- SF of office, and 1,617+/- SF of retail. Current zoning (C1A) permits the development of hotels/motels, multi-family*, restaurant (no drive-thru), office, medical, and more. The Village of North Palm Beach is currently undergoing a change to its Master Plan. To view all information about the Update to the Master Plan and Zoning in Progress for the Village's Commercial Corridor, please visit
Location
State FL
County Palm Beach
Area 5250
Zoning C1A
Exterior
Utilities Available None
Exposure W
Building
Lot Description 1 to < 2 Acres
Story 320.00
Others
Acceptable Financing Cash, Conventional
Horse Property No
Listing Terms Cash, Conventional
Financing Cash,Conventional
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