508-510 S Federal Hwy - Commercial LAND FOR SALE


Lake Worth, FL 33460- South Palm Park33,106 SF
$1,500,000 USD
305-801-5871
508-510 S Federal Hwy, Lake Worth, FL for Sale
$1,500,000 USD
Commercial LAND - FOR SALE
1/20
33,106 SF

508-510 S Federal Hwy
Lake Worth, FL 33460
South Palm Park


HIGHLIGHTS

  • Located off Highway and 5th Avenue S
  • South Bryant Park within walking distance
  • Nearby restaurants on Route 1 include Checkers, Subway
  • Less than one mile from Publix Super Market at Lake Worth

OVERVIEW

Embark on a lucrative development venture with this exceptional site boasting entitlements for 15 townhomes. Located in a thriving area, this meticulously planned community promises a blend of modern luxury and strategic convenience. Location Advantage: Situated in a sought-after locale, the site offers proximity to key amenities, Beaches, schools, and major transportation hubs. The neighborhood's appeal lies in its accessibility, enhancing the townhomes' market desirability. Entitlements: All 15 townhomes come with full entitlements, streamlining the development process. The hassle-free approvals pave the way for a quicker and more efficient construction timeline, ensuring a faster return on investment for developers. Architectural Excellence: Designed with meticulous attention to detail, the townhomes feature a contemporary aesthetic. The architecture seamlessly blends functionality with style, providing residents with an exquisite living experience. Thoughtful layouts maximize space utilization, offering both comfort and sophistication. Amenities and Green Spaces: The community prioritizes a holistic lifestyle, incorporating green spaces and recreational amenities. From landscaped gardens to communal areas, the development aims to foster a sense of community while providing residents with a serene and enjoyable environment. Market Demand: Extensive market research indicates a robust demand for well-designed townhomes in this area. The site's strategic location and thoughtful planning cater to the preferences of discerning homebuyers, ensuring a high level of market desirability. Investment Potential: For developers seeking a sound investment, this project offers a compelling opportunity. With entitlements in place, construction can commence promptly, minimizing holding costs and maximizing profit potential. The townhomes' anticipated market value aligns with the region's upward real estate trends. Community Integration: Beyond the physical attributes, the development prioritizes community integration. Thoughtful planning includes considerations for local aesthetics and community needs, fostering positive relationships with neighbors and local authorities. Sustainability Features: Incorporating sustainable practices, the development aligns with modern environmental expectations. Energy-efficient designs, eco-friendly materials, and water conservation initiatives contribute to a responsible and future-ready community. Proximity to Urban Hubs: The site's strategic location ensures residents are well-connected to urban hubs, facilitating easy access to shopping, dining, and cultural attractions. Proximity to major employment centers enhances the appeal for potential buyers, adding value to the development. Flexible Design Options: Developers have the flexibility to customize townhome designs within the established guidelines. This allows for a degree of creative expression, catering to diverse market preferences and ensuring a unique selling proposition for each unit. Conclusion: This fully entitled development site for 15 townhomes presents an unparalleled opportunity for developers. With a blend of strategic location, meticulous planning, and market demand, this project promises not only a lucrative return on investment but also a legacy of well-crafted, desirable homes. Seize the potential of this prime site and elevate your portfolio to new heights in the dynamic real estate market.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/ACRE

$1,973,660/AC

PRICE/SF

$45 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

0.76 AC

LAND SF

33,106 SF

OFFSITE IMPROVEMENTS

-

ZONING

Multi-Family/Light Comm

APN/PARCEL ID

38-43-44-27-01-003-0070,38-43-44-27-01-003-0080

ASK ABOUT THIS PROPERTY

Ahmed AbdeldayemARA Commercial PartnersMore Info
305-801-5871

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Ahmed AbdeldayemARA Commercial PartnersMore Info
305-801-5871

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.