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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
MORTGAGE CALCULATOR
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.
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