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)
9,368 Sq Ft
Investment
$87,550 Annual Tax
Built in 1953
MLS/Listing ID A11620898
Channel House Condo
2 Stories
11 Units
Pool - Heated
Lot - Oversized Lot
Stairs
Concrete
Listing Courtesy of TRUST INVEST REAL ESTATE CORP, JELENA GRADY - 305-215-0036
Source of Data: MIAMI ASSOCIATION OF REALTORS