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Thomas Schneidermeyer

t.schneidermeyer@portsidepg.com +1(203) 807-2231

$ 1,600,000

Est. payment | -/mo

0.99 Acres Lot

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$ 1,600,000

Est. payment | -/mo

Save

0.99 Acres Lot

Key Details

Property Type Vacant Land, Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 226040103

HOA Y/N No

Annual Tax Amount $1,919

Tax Year 2025

Lot Size 0.990 Acres

Acres 0.99

Lot Dimensions Survey

Property Sub-Type Commercial

Property Description

One or more photo(s) has been virtually staged, AI generated or rendered. APPROXIMATELY ONE ACRE. MULTIFAMILY ZONING. BUILD YOUR NEXT INVESTMENT. With no HOA, multiple development options, and an existing home offering potential rental income while you build, this property gives investors flexibility to pursue their next project. Per the County Planning Division, MF zoning permits 8 dwelling units per acre, with the opportunity to increase density to 12 units per acre through the purchase of additional transferable development rights (TDRs). Explore duplexes, triplexes, quadplexes, or divide the land into individual single-family lots. A maximum building height of 35 feet may accommodate three stories, depending on architectural design. The existing 3-bedroom, 2-bath home offers approximately 2,132 square feet of living space and a unique layout offering the potential to convert the existing home into a duplex or triplex. Plumbing hookup is ready for a third bathroom. The roof, AC Unit, Electrical panel and water heater are 2 years old. Plumbing has been updated to PVC, there is a generator hookup and a 2 car garage with impact doors. Offered for its land and development value and location. Located minutes from Lake Worth Beach and Pier, Downtown Lake Worth Beach for dining, arts and festivals, near Palm Beach International Airport, JFK Medical Center, Palm Beach College, John Prince Park, Lake Osborne and Wellington Equestrian Area.

Location

State FL

County Palm Beach

Community Not Applicable

Area Oa01 - Out Of Area

Direction West

Interior

Cooling See Remarks

Furnishings Furnished

Fireplace No

Exterior

Community Features Non- Gated

Utilities Available Cable Available, Electricity Available, Sewer Available, Water Available

Amenities Available None

Waterfront Description None

Water Access Desc Public

Present Use Commercial,Multi-Family,Other,See Remarks

Garage No

Building

Lot Description Cleared, Oversized Lot, See Remarks

Faces West

Sewer Septic Tank

Water Public

Others

HOA Fee Include None

Senior Community No

Tax ID 00434430011060030

Acceptable Financing All Financing Considered, Cash

Listing Terms All Financing Considered, Cash

Listed by LPT Realty, LLC • Yasmeen Davis

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(203) 807-2231

t.schneidermeyer@portsidepg.com

1177 Causeway Blvd, Sanibel, FL 33957, USA

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4812 Coconut RD Lake Worth, FL 33461