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Palm Beach Shores,FL 33404
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 9,368 sqft
Price per Sqft $693
Subdivision Channel House Condo
MLS Listing ID A11620898
Style Fourplex
Construction Status Effective Year Built
HOA Y/N No
Year Built 1953
Annual Tax Amount $87,550
Tax Year 2023
Property Description
NEW DEVELOPMENT OPPORTUNITY - Huge upside through the New Development up to 10 VILLAS or T-Homes of 2500-3000 sq feet, steps away from the beach and waterways & filling up highest and best use. Huge lot of 22,000 sq feet Two current Buildings of two floors under renovation. Current zoning allows for multifamily use. Building is class C and B (Zoned for Multifamily)
Rare opportunity for a reputable developer, fund, assets managing group to purchase an free and clear asset in Palm Beach Shores, new developments rising all over the Palm Beach shores. (NOTE: some photos are renderings)
Location
State FL
County Palm Beach
Community Channel House Condo
Area 5240
Interior
Heating None
Cooling None
Flooring Concrete
Exterior
Pool Heated,Pool
Utilities Available Cable Not Available
Roof Type Other
Total Parking Spaces 15
Building
Lot Description Oversized Lot
Story 2
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories Two
Structure Type Block
Construction Status Effective Year Built
Others
Tax ID 54434227040000030
Acceptable Financing Cash,Owner May Carry
Listing Terms Cash,Owner May Carry