Bought with SVN Florida PB LLC
$3,600,000
$3,900,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
3.6 Acres Lot
SOLD DATE : 04/09/2025
Key Details
Sold Price $3,600,000
Property Type Vacant Land
Sub Type Commercial Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID RX-10993050
Sold Date 04/09/25
HOA Y/N No
Annual Tax Amount $50,444
Tax Year 2023
Lot Size 3.600 Acres
Property Sub-Type Commercial Land
Property Description
3.60+/- Acre Income-Producing Commercial Development Site. This opportunity features an operating restaurant with additional income from a lucrative billboard. Located directly to the south is a 100% leased, multi-tenant office building with short-term leases. The property offers maximum flexibility for retail, restaurant, drugstore, department store, professional office, medical/dental office, and more. With easy access to Lake Worth Rd, I-95, and Florida's Turnpike, this development opportunity is centrally located in a heavy traffic area (40,000 AADT). Please do not disturb or speak with any tenants. Call Rob Hamman.
Location
State FL
County Palm Beach
Area 5720
Zoning CI
Exterior
Utilities Available Cable, Electric, Public Water, Sewer
Exposure East
Building
Lot Description 3 to < 5 Acres, West of US-1
Story 275.00
Others
Acceptable Financing Cash, Conventional
Horse Property No
Listing Terms Cash, Conventional
Financing Cash,Conventional
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