Modern Living Group
Downtown West Palm Beach Residence
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$2,195,000ACTIVE

1340 Longwood Street, West Palm Beach, FL 33401

beds0baths
THE RESIDENCE

About this home

This offering consists of four contiguous parcels forming a multifamily development assemblage in the Mercer Park neighborhood of West Palm Beach. The site is zoned MF14 and includes preliminary plans for a 12-unit development, incorporating a workforce housing density bonus. It is currently improved with three income-producing houses that collectively generate approximately $7,700 per month. All parcels are being sold together as a single assemblage. Seller prefers to sell parcels together. Development feasibility details and preliminary plans are available upon request. The buyer is responsible for verifying zoning classifications, allowable density, and overall development potential with the City of West Palm Beach

THE DETAILS

Property details

Price$2,195,000
Lot Size0.53 acres
Lot Sq Ft23,087
Price / Acre$4,141,509
ZoningMF14 (city)
Lot FeaturesCleared,CityLot
Water SourcePublic
SewerPublicSewer
Days on Market69
Property TypeLand
StatusActive
MLS #B26042199
Original List Price$2,195,000
Road SurfaceAsphalt
Number of Lots4
WaterfrontNo
Annual Taxes$6,324
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Direction FacesNorth
CityWest Palm Beach
Zip Code33401
UtilitiesCableAvailable,ElectricityAvailable,PhoneAvailable,SewerAvailable,WaterAvailable
LOCATION

Where you'll live

Downtown West Palm Beach

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Jonathan Santiago
FEATURED AGENT
Jonathan Santiago
Luxury Specialist

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