Bought with Douglas Elliman
$375,000
$425,000
11.8%For more information regarding the value of a property, please contact us for a free consultation.
0.3 Acres Lot
SOLD DATE : 06/12/2020
Key Details
Sold Price $375,000
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-10553025
Sold Date 06/12/20
HOA Y/N No
Abv Grd Liv Area 20
Annual Tax Amount $4,383
Tax Year 2018
Lot Size 0.301 Acres
Property Description
Flagler Drive buildable lot. The lot will need to be divided with one lot at 51 x 125, and 50 x 125 with Flagler Drive addresses. The north 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
Water Access Desc Ramp
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
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "