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1614 N Congress Av,

West Palm Beach, FL

$10,000,000

6.00 Acres

5 parcels to build 199 units. Owner has plans and permits to build and bids to build as well. Total land and construction cost will be at $45M and this deal is set at a 7.4 CAP Rate. Rental units are projected to be at $1.75PSF.

Facts & Features
MLS® # RX-10690659
Price $10,000,000
Acres 6.00
Type Land
Sub-Type Commercial Land
Style No
Status Active
Community Information
Address 1614 N Congress Av
Area 5410
Subdivision CONGRESS
City West Palm Beach
County Palm Beach
State FL
Zip Code 33409
Amenities
Utilities None
View Lake
Is Waterfront Yes
Waterfront Lake
Exterior
Lot Description 5 to 10 Acres
Additional Information
Zoning RM
Foreclosure No
Short Sale No
RE / Bank Owned No
Listing Details
Office Beycome of Florida LLC

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Photo of Brian Pearl

Brian Pearl

Cell: (561) 245-1541
Print Contact Agent

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2021 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed.
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Listing information last updated on February 26th, 2021 at 11:00pm EST.

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