1614 N Congress Avenue West Palm Beach FL 33409 | MLS RX-10690659

1614 N Congress Avenue
West Palm Beach, FL, 33409
$10,000,000
Beds
Baths
0 SqFt
6 Acres
5 parcels to build 199 units. Owner has plans and permits to build and bids to build as well. Total land and construction cost will be at $45M and this deal is set at a 7.4 CAP Rate. Rental units are projected to be at $1.75PSF.

Property Details

Price:
$10,000,000
MLS #:
RX-10690659
Status:
Active
Address:
1614 N Congress Avenue
Type:
Land
City:
West Palm Beach
Listed Date:
Feb 7, 2021 (100 days)
State:
FL
ZIP:
33409
Subdivision:
CONGRESS
Lot Size:
261,360 sqft / 6.00 acres (approx)

Schools

Interior

Exterior

Homeowners Assoc
None
Lot Description
5 to 10 Acres
View
Lake
Waterfront Details
Lake
Waterfrontage
600

Financial

Taxes
$7, 130

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Jimmy has been helping buyers and sellers find their dream homes since 2009. With over 1,000 properties sold and hundreds of happy clients, Jimmy is the first and only realtor you should contact if you are in Palm Beach, Broward or Miami Dade county.

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