Size: 1 Acres (4,047 m2)
Price: $7,000,000/Acre ($1,730/m2)
Type: Land
MLS Number: R11116668
On Site: 187 Days
Updated: 1 Days ago
Page Views: 0
Unlock The Full Potential Of This Rare And Expansive 1-acre Property Located In The Heart Of The Rapidly Growing Soso Neighborhood Along Highly Visible Dixie Highway. With 28 Existing Rooms Across 4 Income-generating Structures Totaling 10,883 Sf Under Air, This Property Presents An Exceptional Opportunity To Restore, Redevelop, Or Reposition In One Of West Palm Beach's Most Active Commercial Corridors.
zoning: Neighborhood Commercial - Offering Flexibility For Hospitality, Mixed-use, Or Commercial Redevelopment. Lot Size: Largest Hospitality Parcel In The South End At 1 Acre. Room Count: 28 Rooms Currently, With Potential For Expansion Up To 32. Structures: 4 Buildings Onsite - Allowing Phased Redevelopment While Maintaining Revenue From Existing Units. Parking: 20+ Marked Spaces With Ample Room For Guest Use And Future Amenities. Future Growth Potential: If Property Left As-is, Option For Additional Structure In Northeast Corner Of The Lot And Ample Space To Add A Pool Or Enhance Amenities In Multiple Different Areas On Site.
visibility: Over 21,500 Aadt On Dixie Hwy. Strategic Positioning: Directly Across From The Winn Dixie Shopping Center Recently Acquired, And Adjacent To Large-scale Developments Including Trader Joe's, National Retailers, Apartments, And Grocers Under Construction. Connectivity: Only 5 Minutes To Downtown West Palm Beach, I-95, And Major Regional Attractions. Inquire Within Regarding Local Comparable Sale, Highlighting The Value And Upside Potential Of This Offering.
this Is A Rare Chance To Own And Reimagine A Cornerstone Property In A Booming Submarket. Whether You're Seeking A Boutique Hotel, A Branded Hospitality Concept, Or A Mixed-use Redevelopment, The Framework Is Already In Place.
come And Explore The Potential Of This One-of-a-kind Opportunity.