$15,800,000
$16,500,000
4.2%For more information regarding the value of a property, please contact us for a free consultation.
2.5 Acres Lot
SOLD DATE : 12/20/2021
Key Details
Sold Price $15,800,000
Property Type Vacant Land
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Clows Add To Wpb
MLS Listing ID A11010619
Sold Date 12/20/21
HOA Y/N No
Annual Tax Amount $29,943
Tax Year 2019
Lot Size 2.500 Acres
Acres 2.5
Lot Dimensions 515x307
Property Description
**MOTIVATED SELLER** EXCELLENT INVESTMENT OPPORTUNITY TO BUY LAND WITH RESIDENTIAL AND COMMERCIAL ZONING. The lot consists of 7 parcels assembled totaling 2.5 acres, located one block from FEDERAL COURT, and a few blocks from the new BRIGHTLINE train station and CITY PLACE. This is the only land of this magnitude available in the area, not only because of the size of the lot but also because of the income that the location can generate. Zoning allows up to 8 stories high. Ideal to develop a residential/commercial or mixed-use. The front of the lot on Rosemary Avenue is 515 feet and the depth is up to 307, on the corner of 3rd street. Includes submitted architectural plans.
Location
State FL
County Palm Beach County
Community Clows Add To Wpb
Area 5420
Exterior
Utilities Available None
Waterfront No
View Water
Present Use Commercial
Street Surface Paved
Building
Sewer Public Sewer
Water Public
Others
Tax ID 74434321060270061
Ownership Corporation
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with CityLights RE Inc
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