5 parcels to build 199 units. Owner has plans and permits to

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Commercial Off Market

1614 N Congress Avenue

West Palm Beach, Florida 33409

Palm Beach County

Waterfront: Yes

Community: CONGRESS

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$10,000,000 0 br, 0.0 bath 0 sq. ft. 6.000 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.

Interior:
  • Bedrooms: 0
  • Baths: 0.0
  • Sq Ft: 0
  • Year Built: 0
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: 
  • Garage: 
Exterior:
  • Lot Size: 6.000 acre
  • Lot Dimensions: 
  • Waterfront: Yes
  • View Types: Lake
  • Yard: 
  • Siding: 
  • Roof: Unknown
  • Property Taxes: $7,130
  • MLS #: RX-10690659
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Contact Information:
Beach Commercial Off Market in West Palm Beach, Florida
Ad Number: 1346312
Viewed 170 times.
Updated: Aug 15, 2021

This property is a Commercial located at 1614 N Congress Avenue, West Palm Beach, Florida 33409, and is currently Off Market at $10,000,000. This Commercial has 0 bedrooms, 0.0 baths, 0 sq ft.

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