Exceptional development opportunity for investors, builders, or developers. This 1.47-acre property is currently zoned Residential High Density with future land use supporting multi-family development. Situated within an Opportunity Zone, it offers potential tax incentives and streamlined permitting. The site currently allows for approximately 5 units per acre with a 35' height limit, with substantial upside through assemblage. The city has indicated that securing an adjacent parcel could enable a private road with direct access to Haverhill Rd., significantly increasing allowable density and overall value. A rare chance to capitalize on a strategically located growth corridor with so much potential!
| MLS # | B26007262 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1962 |
| Days On Site | 212 |
| Listing Provided By | RE/MAX of Stuart | Taylor Stanfield |
| SQ Feet | 1,536 |
|---|---|
| Story(s) | 1 |
| Zoning | RH |
| Acreage | 1.47 |
| Lot Features | One To Two Acres |
|---|
| Parking Features | Rv Access Parking |
|---|
| Tax Annual Amount | 3506 |
|---|
| State | FL |
|---|---|
| County | Palm Beach |
| City | West Palm Beach |
| Zip Code | 33417 |
| Area | 5500 |
| Subarea | Palm Beach 5500; 5510 |
| Listing VS Median (in 33417) | |
Price: $1,100,000 low | high Med: $79,000 sqft: 1,536 low | high Med: 570 $ / sqft: $716 low | high Med: $139 On site: 212 low | high Med: 367 | |
| State | FL |
|---|---|
| County | Palm Beach |
| City | West Palm Beach |
| Zip Code | 33417 |
| Area | 5500 |
| Subarea | Palm Beach 5500; 5510 |
| Listing VS Median (in 33417) | |
Price: $1,100,000 low | high Med: $79,000 sqft: 1,536 low | high Med: 570 $ / sqft: $716 low | high Med: $139 On site: 212 low | high Med: 367 | |