Land in West Palm Beach, FL 33401410 - 510 N Rosemary Ave
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Closed
1.13
AcreStatus
Sold - Dec 20, 2021
Size
1.13 Acres (4,562 m2)
Price
$13,982,301/Acre ($3,463/m2)
Type
Land
MLS Number
A11010619
View
Water
On Site
2015 Days
Updated
18 Days ago
Page Views
0
**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.
Features
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
Apples-to-Apples Comparables
Price History
Current
$15.8M
High
$16.5M
Low
$15.8M
Total Change
-4.2%Date
Event
Price
Change
Price Per
12/19/2021
Sold
$15.8M
-4.24%$322 ft2
$3,463 m2
03/09/2021
Listed
$16.5M
$336 ft2
$3,617 m2
12/19/2021
$15.8M
Event
Sold
Change
-4.24%Price Per
$322 ft2
$3,463 m2
03/09/2021
$16.5M
Event
Listed
Price Per
$336 ft2
$3,617 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Maria Benezra • Oceanside Realty & Investments, Inc. • Buyer Agency Compensation .
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