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Palm Beach, West Palm Beach, FL 33417
Property Type
Land
Lot Size
0.3 Acres
Listing courtesy of Taujhae Oladejo of Gulfstream Real Estate Solutions, Inc.
Prime Multifamily Development Opportunity - RM Zoning | MR-5 Future Land Use Exceptional vacant lot located in the RM (Residential Multifamily) zoning district with an MR-5 Future Land Use designation, offering strong development potential. The property measures approximately 89' x 148' (13,172± SF), providing a functional footprint for multifamily construction. Currently allows up to 2 units by right, with potential for increased density through the purchase of Transfer of Development Rights (TDR) (buyer to verify with municipality). Ideal for builders or investors seeking to maximize yield in a high-demand rental market. Strategically positioned within walking distance to restaurants, schools, shopping centers, medical offices, and pharmacies -- a highly desirable location for future
0.3 Acres
West Palm Beach
R11167649
Palm Beach
Land
Palm Beach
florida
Cleared, City Lot, Other
Public
Total$2,070.61/Month
*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.
| Address | Size | Sold For |
|---|---|---|
| 1800 S Ocean BoulevardPalm Beach | 10 BR / 12.5 BA | $37,375,675 |
Closed sales recorded by Brown Harris Stevens agents.
Information is deemed reliable but is not guaranteed and should be independently verified.