Listing Snapshot
| List Price | $670,000 |
| Price / Sq Ft | $478 |
| Beds | 2 |
| Baths | 2 |
| Living Area | 1,402 sqft |
| Lot Size | 0.88 acres |
| Year Built | 1940 |
| Property Tax | $9,094.54/yr |
| MLS # | 1155650254 |
| Status | Active |
| Days on Market | 48 |
About This Home
Prime Multifamily Development Opportunity - Nearly 1 Acre in High-Demand Area. Rare opportunity to acquire a 0.88-acre parcel with multifamily zoning (RM-15) allowing for up to 5 units—ideal for investors and developers looking to capitalize on strong rental demand in Palm Beach County. Situated on a generously sized lot, this property offers exceptional redevelopment potential with ample space for new construction, parking, and modern design layouts. The existing structure provides flexibility for interim use or income while plans are developed.. Asking price is based on the value of the build-able land & home. Measurements are approx., subject to errors, omission and changes without notice.
General Features
- Property Type
- Residential
- Sub-type
- SingleFamilyResidence
- Style
- Traditional
- Stories
- 1
- Direction Faces
- North
- Parking Spaces
- 1
- Parking
- Open
- Zoning
- RM (city)
- Security
- None
- Utilities
- CableAvailable,Other,WaterAvailable
- Subdivision
- LAKEWOOD GARDENS 1
Interior Features
- Flooring
- Other
- Heating
- Other
- Cooling
- Other
- Interior Features
- MainLevelPrimary,Other,TubShower
- Laundry
- Other
- Furnished
- Unfurnished
Exterior Features
- Construction
- Frame,Stucco
- Roof
- Composition,Other,Shingle
- Lot Features
- FruitTrees
- Fencing
- Fenced
- Pool
- No
- View
- Other
- Waterfront
- No
- Waterfront Features
- None
Community Features
- MLS Area
- 5690
Schools
Map
Virtual Tour
View Virtual TourMLS# 1155650254 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
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