Rare opportunity to own a large 5.84 Acre parcel of undeveloped land in West Palm Beach, Florida located just off Forest Hill Blvd and Congress Ave. Priced at $6,250,000 (approx. $1,070,205 an Acre). The Zoning classification is Residential Multi-family (RM). The property is designated with Medium-Density Residential land use which allows up to 10 du/acres, for a maximum of 58 residential dwelling units. The property is landlocked with a deeded undeveloped access easement off Lone Pine Way that must be completed for development. I-95 is only 1 mile away, Palm Beach International Airport and vibrant Downtown West Palm Beach less than 6 miles away. Just minutes from major grocery stores, Hospitals, top-rated golf courses, and more!
5.84 Private Acres Exterior Space
Land
$18,969 Annual Tax
MLS/Listing ID RX-11124370
Lot - City Lot
Listing Courtesy of TOUCHSTONE-WEBB REALTY CO., LAUREN KATHRYN THOMAS - 561-358-6868
Source of Data: BEACHESMLS
TOTAL MONTHLY COST
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