Bought with Douglas Elliman (Jupiter)
$999,000
$999,000
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0.3 Acres Lot
SOLD DATE : 05/10/2024
Key Details
Sold Price $999,000
Property Type Single Family Home
Sub Type Single Family Detached
Listing Status Sold
Purchase Type For Sale
Subdivision North Palm Bch 1
MLS Listing ID RX-10862169
Sold Date 05/10/24
HOA Y/N No
Annual Tax Amount $7,265
Tax Year 2022
Lot Size 0.301 Acres
Property Description
Flagler Drive buildable lot. The lot can be divided with one lot at 51 x 125, and 50 x 125 with Flagler Drive addresses. The west lot has a beautifully updated 1 bedroom cottage sitting at the back of the lot allowing for 2 new construction homes facing Flagler Dr. across from the Sailing Club. Walking distance to the new Marina project at Rybovich Marina. A subdivision application needs to be processed through the city in order to divide the lots. This property is in the middle of many city approved re-development projects scheduled to begin this year. A great opportunity. The existing cottage has new A/C, hurricane shutters. The property is in OZ zoning. Opportunity Zones are a chance to provide economic incentives to increase equity in your community.
Location
State FL
County Palm Beach
Community Marina District
Area 5420
Zoning SF7(ci
Exterior
Utilities Available Cable, Electric Service Available, Gas, Phone Line, Public Water, Sewer
Waterfront No
Water Access Desc Ramp
View Garden
Exposure East
Building
Lot Description 1/4 to 1/2 Acre
Story 125.00
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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