Bought with Non-Member Selling Office
$1,175,000
$1,500,000
21.7%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 12/02/2024
Key Details
Sold Price $1,175,000
Property Type Vacant Land
Sub Type Commercial Land
Listing Status Sold
Purchase Type For Sale
Subdivision Palm Beach Farms Co Pl No 3
MLS Listing ID RX-10940733
Sold Date 12/02/24
HOA Y/N No
Annual Tax Amount $2,722
Tax Year 2023
Property Description
EXCELLENT OPPORTUNITY TO PURCHASE 2.13-ACRES OF LAND IN LAKE WORTH, FL. THIS PARCEL OF LAND HAS APPROX. 218 +/- FT OF DIRECT FRONTAGE ON HADJES DRIVE WITH GREAT VISIBILITY. IT IS LOCATED JUST OFF LAKE WORTH RD, WHICH HAS AN AADT OF 42,000 (2022 FDOT) AND IS BACKED TO THE RAMP OF THE FLORIDA TURNPIKE, WHICH HAS AN AADT OF 83,000 (2022 FDOT). FURTHERMORE, IT IS WITHIN A DEMOGRAPHICALLY DENSE AREA, AS THE 5-MILE POPULATION IS OVER 277,000. WHILE THE CURRENT ZONING IS RM, BECAUSE THE PROPERTY IS PART OF A LARGER DEVELOPMENT, THE CURRENT USES ARE THE ONES OF A CIVIC POD, WHICH INCLUDE -SUBJECT TO VARIOUS LEVELS OF APPROVAL- DAY CARE, PLACE OF WORSHIP, CONGREGATE LIVING FACILITY, SCHOOL, ASSEMBLY, TREATMENT FACILITY, GOVERNMENT SVCS, ETC. PLEASE CHECK WITH PALM BCH CTY P&Z
Location
State FL
County Palm Beach
Area 5750
Zoning RM
Exterior
Utilities Available None
Exposure East
Building
Lot Description 2 to < 3 Acres
Others
Acceptable Financing Cash
Horse Property No
Listing Terms Cash
Financing Cash
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