Property Description
Investor-special development opportunity on a 0.5-acre cleared lot with clear, flexible paths to maximize ROI. Includes county-approved architectural plans for a 4-bedroom, 4.5-bathroom primary home, alongside county-approved plans for a guest house remodel to significantly accelerate construction timelines. Additionally, buyers have the opportunity to subdivide the parcel to build 2 spec homes with county approvals. The property currently includes a detached shed and a small functional apartment, providing immediate holding utility or income during site prep. Ideal for builders, developers, or buy-and-hold investors looking for a high-yield, shovel-ready project. This property is located close to I-95, the airport, and downtown.
Property Details
Listing Information
- MLS ID
- B26086361
- Listing Status
- Active
- Property Type
- Single Family Residence
- Bedrooms
- 1
- Bathrooms
- 1
- Living Area
- 624 sq ft
- Year Built
- 1958
- Community
- PALM BEACH FARMS CO PL NO 3
- County
- Palm Beach
Property Features
- Interior Features
- None
- Exterior Features
- Storage
- Appliances
- Dryer, Dishwasher, Microwave, Refrigerator, Washer, Range
- Cooling
- Central Air, Electric, Wall/Window Unit(s)
- Heating
- Electric
- Parking
- Driveway
- Waterfront
- True
- Waterfront Features
- None, Canal Front, Canal Width 1-80 Feet
- Lot Features
- Irregular Lot, Room for Pool, Oversized Lot
- View
- Garden, Water, Canal
- Association Fee
- $0
- Property Tax
- $5,491 (2026)