This offering presents an exceptional opportunity for the sale and purchase of a fully approved 12-unit apartment development + retail space project, ready to build. Located in West Palm Beach, Florida, just a few minutes from the City Center, this great development opportunity is steps from Inter-coastal and a short distance from the Palm Beach Beaches.
This visionary project offers an approved site plan of 12 residential units + commercial space, in a stunning, modern three-story structure. Comprised of roughly 18,000 square feet, including ample parking area and retail space, this development promises luxurious living spaces designed to inspire. Beautiful Design with 10 1 Bedroom / 1 Bathroom apartments with 1 assigned parking space and 2, 2 bedrooms / 2 bathrooms apartments with 2 assigned parking spaces each.
Strategic Advantage Situated on Broadway Blvd (with planned development investments by the city of West Palm Beach), just a few blocks from the inter-coastal and near Downtown West Palm Beach playgrounds, parks and golf courses. This location offers tenants and or future owners of these units to seamlessly connect with all the Gold Coast has to offer.
The project presents two exciting possibilities for investors.
- Developed as a boutique rental community + retail-commercial space, it has the potential to be a long-term income
generator, providing steady cash flow for years to come.
- Alternatively, the property could be built out and sold as individual condominiums + retail-commercial space, catering to a
thriving market of homeowners seeking a piece of the Gold Coast action.
ASKING PRICE FOR THE REAL PROPERTY AND ALL EXISTING APPROVALS, DESIGN WORK AND ENGINEERING: $1,299,000.00 (One Million and Two Hundred Ninety Nine Thousand Dollars).
This sale will take place subject to the buyer’s reasonable due diligence period to verify the feasibility and the validity of all approvals, and information as provided herein.