Palm Acres Estates, 530 S Congress Ave

1.01
Acre
Status
Sold - Aug 06, 2021
Size
1.01 Acres (4,084 m2)
Price
$742,574/Acre ($184/m2)
Type
Land
MLS Number
R10590348
On Site
2441 Days
Updated
213 Days ago
Page Views
0
This portfolio consists of five contiguous parcels zoned commercial (MUPD) totaling 2.48 acres and approximately .5 acres of residential lots. The site is not site platted, although there is an expired site plan for a Hotel use. The property is located at the corner at Congress Ave and Kentucky St. the southern boundary of the assemblage is an undeveloped platted road right of way for Oklahoma St. This site has 285 feet of frontage on Congress avenue, across from Trump International Golf Course. More may be obtained by an abandonment of at least half of Oklahoma street right of way. The land has been cleared and wetlands mitigated. This site is well suited for a developer, who can develop a mix of uses with several parcels within one platted boundary. For instance; Retail on Congress, and possibly Lt. Industrial Flex on the balance of the site. This is a very cost effective selling price which equates to $7.30 psf. Site location: ½ mile south of PBI airport, 3/4 mile to I-95 Southern Blvd interchange, SR-80 major highway crosses the state of Florida, ½ mile to the north.

Features

All features
  • Current Use: Industrial, MultiFamily
  • Approx SqFt Total Area: 43958
  • Property SqFt: 43958
  • Remarks: This portfolio consists of five contiguous parcels zoned commercial (MUPD) totaling 2.48 acres and approximately .5 acres of residential lots. The site is not site platted, although there is an expired site plan for a Hotel use. The property is located at the corner at Congress Ave and Kentucky St. the southern boundary of the assemblage is an undeveloped platted road right of way for Oklahoma St. This site has 285 feet of frontage on Congress avenue, across from Trump International Golf Course. More may be obtained by an abandonment of at least half of Oklahoma street right of way. The land has been cleared and wetlands mitigated. This site is well suited for a developer, who can develop a mix of uses with several parcels within one platted boundary. For instance; Retail on Congress, and possibly Lt. Industrial Flex on the balance of the site. This is a very cost effective selling price which equates to $7.30 psf. Site location: ½ mile south of PBI airport, 3/4 mile to I-95 Southern Blvd interchange, SR-80 major highway crosses the state of Florida, ½ mile to the north.
  • Internet Remarks: This portfolio consists of five contiguous parcels zoned commercial (MUPD) totaling 2.48 acres and approximately .5 acres of residential lots. The site is not site platted, although there is an expired site plan for a Hotel use. The property is located at the corner at Congress Ave and Kentucky St. the southern boundary of the assemblage is an undeveloped platted road right of way for Oklahoma St. This site has 285 feet of frontage on Congress avenue, across from Trump International Golf Course. More may be obtained by an abandonment of at least half of Oklahoma street right of way. The land has been cleared and wetlands mitigated. This site is well suited for a developer, who can develop a mix of uses with several parcels within one platted boundary. For instance; Retail on Congress, and possibly Lt. Industrial Flex on the balance of the site. This is a very cost effective selling price which equates to $7.30 psf. Site location: ½ mile south of PBI airport, 3/4 mile to I-95 Southern Blvd interchange, SR-80 major highway crosses the state of Florida, ½ mile to the north.
  • Waterfront: No info
  • Directions: West
  • Days on Market: 231
  • Closing Date: 2021-08-06
  • Compass Point: S
  • Office Name: Cornerstone Realty Inc.
  • Area: 1.01
  • Taxes: 8493.95
  • Tax Year: 2019
  • Listing Date: 2020-01-07T19:00:00.000-00:00
  • Lot Size Square Feet: 43958

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Price History

Date
Event
Price
Change
Price Per
01/23/2026
Listed
$750K
 
$17 ft2
$184 m2
01/23/2026
$750K
Event
Listed
Price Per
$17 ft2
$184 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Frederick Schmidt • Cornerstone Realty Inc. • Buyer Agency Compensation .

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Scores

Walk Score®
Car-Dependent. Most errands require a car
29

100
Bike Score®
Somewhat Bikeable. Minimal bike infrastructure
41

100
Sound Score®
Bearable noise
78

100
Airport Score
Close to airports. Noticeable airport activity
6

100
Traffic Score
Congested area. Frequent traffic delays
27

100
Local Score
Limited local amenities nearby
0

100
Community Snapshot
3 – 3 BR
Bedrooms
$510K – $610K
Price Tier
680 - 2,804
SqFt Range
1982
Year Build
1
Total Floors

Subdivision Amenities

None
Sidewalks

West Palm Beach
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