Property Description
Exceptional DEVELOPMENT OPPORTUNITY encompassing two adjacent parcels totaling 2.15 acres. This versatile property offers immense potential for multifamily residences, a place of worship, or commercial ventures. Strategically positioned to commence construction from the southern boundary, allowing for phased development while benefiting from an existing rental income of $6,800 per month from the 2 units (Main house 5/4 and the other one 2/2). Whether envisioning a vibrant residential community, a spiritual sanctuary, or a thriving commercial hub, this property provides the canvas to bring your vision to life. Don't miss this unique chance to invest in a property with both immediate returns and expansive future possibilities.
Property Details
Listing Information
- MLS ID
- R11114749
- Listing Status
- Active
- Property Type
- Single Family Residence
- Bedrooms
- 7
- Bathrooms
- 6
- Living Area
- 3,025 sq ft
- Lot Size
- 75,359 sq ft
- Year Built
- 1951
- Community
- HISTORIC GREENACRES
- County
- Palm Beach
Property Features
- Interior Features
- None
- Cooling
- Central Air, Electric
- Heating
- Electric
- Waterfront
- True
- Waterfront Features
- Canal Front
- Property Tax
- $12,841.7 (2024)
