Land in West Palm Beach, FL 33407
Bethesda Park, 2102 Ponce De Leon Ave

New - 1 day 9 hrs ago

$5,000,000

Estimate Payment $25,577 Closing Costs

Beds

0.17

Acre

$29,411,765

$/Acre

LandProperty Type

0.17 AcresLot Size

$29,411,765/AcrePrice per acre

Acquisition Parameters • Available Parcels: The asset consists of two contiguous parcels: 2060 Ponce de Leon Ave and 2102 Ponce de Leon Ave, which combine to offer a total footprint of approximately 0.34 acres. Asking Price: Each individual 0.17-acre lot is listed at $5,000,000, bringing the combined land acquisition cost to $10,000,000 (equivalent to an aggressive premium of ~$29.4M per acre). • Site Condition: The lots are vacant, cleared, and equipped with ready utility connections, eliminating heavy demolition timelines. • Development Precedent: The city has approved an 80-unit, 202-foot-tall structure with height incentives on neighboring lots, signaling strong municipal support for density on these specific blocks. • Location Context: The parcels sit behind the recently sold 1.6 acre parcel for 90Mil. placing this dirt in the absolute heart of the new Currie Corridor redevelopment zone and shattering all recent comps.

Listing Courtesy Of: JoAnn Gaieski

Local Realty Services Provided By: Best of Luxury Realty

On Site: 1 DaysUpdated: 1 Days agoPage Views: 0

All features

Property SqFt: 7500
Remarks: Acquisition Parameters • Available Parcels: The asset consists of two contiguous parcels: 2060 Ponce de Leon Ave and 2102 Ponce de Leon Ave, which combine to offer a total footprint of approximately 0.34 acres. Asking Price: Each individual 0.17-acre lot is listed at $5, 000, 000, bringing the combined land acquisition cost to $10, 000, 000 (equivalent to an aggressive premium of ~$29.4M per acre). • Site Condition: The lots are vacant, cleared, and equipped with ready utility connections, eliminating heavy demolition timelines. • Development Precedent: The city has approved an 80-unit, 202-foot-tall structure with height incentives on neighboring lots, signaling strong municipal support for density on these specific blocks. • Location Context: The parcels sit behind the recently sold 1.6 acre parcel for 90Mil. placing this dirt in the absolute heart of the new Currie Corridor redevelopment zone and shattering all recent comps.
Internet Remarks: Acquisition Parameters • Available Parcels: The asset consists of two contiguous parcels: 2060 Ponce de Leon Ave and 2102 Ponce de Leon Ave, which combine to offer a total footprint of approximately 0.34 acres. Asking Price: Each individual 0.17-acre lot is listed at $5, 000, 000, bringing the combined land acquisition cost to $10, 000, 000 (equivalent to an aggressive premium of ~$29.4M per acre). • Site Condition: The lots are vacant, cleared, and equipped with ready utility connections, eliminating heavy demolition timelines. • Development Precedent: The city has approved an 80-unit, 202-foot-tall structure with height incentives on neighboring lots, signaling strong municipal support for density on these specific blocks. • Location Context: The parcels sit behind the recently sold 1.6 acre parcel for 90Mil. placing this dirt in the absolute heart of the new Currie Corridor redevelopment zone and shattering all recent comps.
Waterfront: No info
Directions: West
Days on Market: No info
Office Name: JoAnn Gaieski
Area: 7500
Taxes: 3534
Tax Year: 2025
Listing Date: 2026-10-29T15:25:58.000-00:00
Lot Size Square Feet: 7500