$5,000,000
- 0.5 Acres
- $10,000,000/Acre
Land development opportunity - huge upside through the new development up to 10 villas or t-homes development
options based on permitted lot coverage
site total square footage: 21, 426 sf.
Dwelling unit density. 10 units. “ dwelling unit density is “twenty-one (21) units per acre.”
options
1. Six luxurious exclusive 3, 200 sf. Townhouses, each featuring a private pool, basement parking, and dedicated
storage, plus roof top with summer kitchen.
2. Eight luxury each 2, 400 sf. Condominiums in an elegant two-story building, featuring secure basement
parking, private gardens or rooftop terraces, and a community pool.
3. Ten luxury each 1, 900 +/- sf. Condominiums in an elegant two-story building, featuring secure basement
parking, private gardens or rooftop terraces, and a community pool. Steps away from the beach and waterways & filling up highest and best use.
Current zoning allows for multifamily use.
Building is class c and b (zoned for multifamily) rare opportunity for a reputable developer, fund, assets managing group to purchase an free and clear asset in palm beach shores, new developments rising all over the palm beach shores. (attachments: some photos are renderings)