Property Description
Prime Multifamily Development Opportunity - Nearly 1 Acre in High-Demand Area. Rare opportunity to acquire a 0.88-acre parcel with multifamily zoning (RM-15) allowing for up to 5 units—ideal for investors and developers looking to capitalize on strong rental demand in Palm Beach County. Situated on a generously sized lot, this property offers exceptional redevelopment potential with ample space for new construction, parking, and modern design layouts. The existing structure provides flexibility for interim use or income while plans are developed.. Asking price is based on the value of the build-able land & home. Measurements are approx., subject to errors, omission and changes without notice.
Property Details
Listing Information
- MLS ID
- B26005257
- Listing Status
- Active
- Property Type
- Single Family Residence
- Bedrooms
- 2
- Bathrooms
- 2
- Living Area
- 1,402 sq ft
- Lot Size
- 38,190 sq ft
- Year Built
- 1940
- Community
- LAKEWOOD GARDENS 1
- County
- Palm Beach
Property Features
- Interior Features
- Other
- Appliances
- None
- Cooling
- Other
- Heating
- Other
- Parking
- Open
- Waterfront
- False
- Waterfront Features
- None
- Lot Features
- Fruit Tree(s)
- View
- Other
- Property Tax
- $9,094.54 (2025)
