Highlights:

Asking: $25MM

  • Master Plan URA:

    •             Total Approved Land Size: 30 Acres

    •             Planned Residential Units: 900

    •             Planned Retail Space: 250,000 Sq Ft

    •             Planned Institution: 5.5 Acres

    •             Residential Retail Mixed Use: 24 Acres

    Parcel1:

    •         Size/ Acres: 12

    •         Residential Units: 450

    •         Retail: 100,000++ SF

Description:

This is in one of the hottest real estate markets in the country -South Florida and is located in the very affluent city of West Palm Beach. The parcel is located in the Urban Redevelopment Area (URA), Planning Study, Corridor Master Plan with a FLU of Urban Center (UC). The parcel is also located within the Primary Redevelopment Area (PRA) of the URA. The lot is an old shopping center made up of a 12-acre parcel out of a total of 30 acres that are rezoned as the Urban-Redevelopment-Area-(URA) district of West Palm Beach.

Development MF - MIXED USE (450 -900 Units) + RETAIL (125K -250K SF), West Palm Beach, FL

OFF-MARKET offer to sell from the ownership of the above property to investors
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Redevelopment Opportunity, Office-To-Multifamily, Florida