$2,150,000
For Sale
Browse 11 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

This is an exceptional opportunity for developers, investors, and businesses to partner with the City of West Palm Beach in transforming the Broadway Corridor into a vibrant mixed-use community where people can live, work, and play. Recent changes to Land Development Regulations, introduced in June 2024, open the door for retail, professional offices, and the potential for over 30 residential units. This property totals approximately half an acre and currently boasts a 4,158-square-foot building, 30 parking spaces, and over 200 feet of direct frontage on US Highway 1, with easy access to both Downtown West Palm and North Palm Beach. With the support of the City and CRA, your vision can help to shape a dynamic community that enhances the quality of life for residents and visitors alike.

  • Property Details
      • Lot FeaturesEast of US-1, 1/4 to 1/2 Acre, Corner Lot, Public Road, Sidewalks
      • Lot DescriptionEast of US-1, 1/4 to 1/2 Acre, Corner Lot, Public Road, Sidewalks
      • SubdivisionKNOWLES COURT AMNDED IN
      • ViewCity, Intracoastal
      • Property SubtypeCommercial Land
      • MLS #RX-10999879
      • MLS #RX-10999879
      • CountyPalm Beach
      • Original List Price$2,499,999
      • Property TypePurchase
      • ZoningBMUD-II
      • Cost2150000
      • Taxes Annual$7,019

Location

Lynn A GansterRealtor
$
years

Down Payment

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%
10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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