Land in West Palm Beach, FL 33401
410 - 510 N Rosemary Ave

Closed

$15,800,000

$700K

Estimate Payment $82,389 Closing Costs

Beds

1.13

Acre

$13,982,301

$/Acre

LandProperty Type

1.13 AcresLot Size

$13,982,301/AcrePrice per acre

WaterView

**MOTIVATED SELLER** EXCELLENT INVESTMENT OPPORTUNITY TO BUY LAND WITH RESIDENTIAL AND COMMERCIAL ZONING. The lot consists of 7 parcels assembled totaling 2.5 acres, located one block from FEDERAL COURT, and a few blocks from the new BRIGHTLINE train station and CITY PLACE. This is the only land of this magnitude available in the area, not only because of the size of the lot but also because of the income that the location can generate. Zoning allows up to 8 stories high. Ideal to develop a residential/commercial or mixed-use. The front of the lot on Rosemary Avenue is 515 feet and the depth is up to 307, on the corner of 3rd street. Includes submitted architectural plans.

Listing Courtesy Of: Oceanside Realty & Investments, Inc.

Local Realty Services Provided By: Best of Luxury Realty

On Site: 2061 DaysUpdated: 63 Days agoPage Views: 0

All features

Current Use: Commercial, HotelMotel, Unimproved
Property SqFt: 49106
Remarks: **MOTIVATED SELLER** EXCELLENT INVESTMENT OPPORTUNITY TO BUY LAND WITH RESIDENTIAL AND COMMERCIAL ZONING. The lot consists of 7 parcels assembled totaling 2.5 acres, located one block from FEDERAL COURT, and a few blocks from the new BRIGHTLINE train station and CITY PLACE. This is the only land of this magnitude available in the area, not only because of the size of the lot but also because of the income that the location can generate. Zoning allows up to 8 stories high. Ideal to develop a residential/commercial or mixed-use. The front of the lot on Rosemary Avenue is 515 feet and the depth is up to 307, on the corner of 3rd street. Includes submitted architectural plans.
Internet Remarks: **MOTIVATED SELLER** EXCELLENT INVESTMENT OPPORTUNITY TO BUY LAND WITH RESIDENTIAL AND COMMERCIAL ZONING. The lot consists of 7 parcels assembled totaling 2.5 acres, located one block from FEDERAL COURT, and a few blocks from the new BRIGHTLINE train station and CITY PLACE. This is the only land of this magnitude available in the area, not only because of the size of the lot but also because of the income that the location can generate. Zoning allows up to 8 stories high. Ideal to develop a residential/commercial or mixed-use. The front of the lot on Rosemary Avenue is 515 feet and the depth is up to 307, on the corner of 3rd street. Includes submitted architectural plans.
View: Water
Waterfront: No info
Days on Market: 240
Closing Date: 2021-12-20
Compass Point: N
Office Name: Oceanside Realty & Investments, Inc.
Area: 49106
Taxes: 29943
Tax Year: 2019
Listing Date: 2021-03-09T22:39:48.000-00:00
Lot Size Square Feet: 49106