About This Property

Prime Multifamily Development Opportunity - Nearly 1 Acre in High-Demand Area. Rare opportunity to acquire a 0.88-acre parcel with multifamily zoning (RM-15) allowing for up to 5 units—ideal for investors and developers looking to capitalize on strong rental demand in Palm Beach County. Situated on a generously sized lot, this property offers exceptional redevelopment potential with ample space for new construction, parking, and modern design layouts. The existing structure provides flexibility for interim use or income while plans are developed.. Asking price is based on the value of the build-able land & home. Measurements are approx., subject to errors, omission and changes without notice.

Key Features

• 38,190 sq ft Lot
• Built in 1940

Property Details

• Type: Single Family Home
• Year Built: 1940
• Lot Size: 38,190 sq ft
• Sq Ft: 1,402
• Price / Sq Ft: $453
• HOA: Contact Agent
• Bedrooms: 2
• Bathrooms: 2
• Feature: 38,190 sq ft Lot
• Feature: Built in 1940
• Status: Active
• MLS Number: 1155650254
• Days on Market: 205
• Listed By: Rook Realty LLC · Devin J Hill
• Zip Code: 33461