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Listed by EXP Realty LLC
$750,000
Est. payment /mo
1.25 Acres Lot
UPDATED:
Key Details
Property Type Single Family Home, Vacant Land
Sub Type Single Family Detached
Listing Status Active
Purchase Type For Sale
MLS Listing ID RX-11123347
HOA Y/N No
Annual Tax Amount $5,269
Tax Year 2024
Lot Size 1.250 Acres
Property Sub-Type Single Family Detached
Property Description
Unlock the potential of this rare 1.25-acre property, zoned RM - Multi-Family (Medium Density) in unincorporated area. The current owner has confirmed with the city that the lot allows for the construction of up to 11 residential units, making this an exceptional investment and development opportunity. The location couldn't be better--just minutes from major highways including I-95 and the Florida Turnpike, providing easy access to shopping, dining, schools, and employment centers. Whether you're a developer looking to maximize density or an investor seeking long-term growth, this property offers the perfect foundation. While there is an existing structure on-site, the true value lies in the land and zoning potential. Don't miss the chance to acquire this great opportunity.
Location
Subdivision Palm Beach Farms Co 7
State FL
County Palm Beach
Area 5700
Zoning RM
Exterior
Utilities Available Electric Service Available, Public Water
Exposure West
Building
Lot Description 1 to < 2 Acres
Others
Acceptable Financing Cash
Horse Property No
Listing Terms Cash
Financing Cash
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