|
 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
| |
|
|
|
|
|
Land - Multi-Family
PGA Boulevard Multi-Family
1940 Smith Drive-Assemblage
North Palm Beach, FL 33408
|
|
|
|
|
|
 |
|
|
- Mixed-Use Development Opportunity
- Residential Properties Generate a Healthy Income
- Impressive Demographics with Average Household Income Exceeding $89,500
|
|
|
|
|
 |
|
|
- Minutes to the Ocean and Upscale Residential Communities
- 4 Acre Assemblage on the NW Corner of PGA Blvd and US 1, Blocks from the Intercoastal
|
|
|
|
|
 |
|
|
Price |
$7,700,000 |
Down Payment |
(100%) $7,700,000 |
Buildable SF |
21,884 |
Price per Buildable SF |
$351.86 |
|
|
|
|
|
|
|
|
|
|
|
 |
|
|
|
The PGA Land Portfolio totals 3.95 acres and is comprised of 35 units on 20 lots along with two vacant lots. The 22 lots are contiguous and are located off the same street. Two lots are zoned professional office and the remaining lots are zoned residential at 6 units an acre. This provides a buyer with an opportunity to work with the city of Palm Beach Gardens and unincorporated Palm Beach County to develop a mixed use development. In the meantime, the property is generating healthy income, helping to offset a developer’s holding costs. This is a rare opportunity to acquire close to 4 acres in a prime location that offers many possibilities.
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
 |
|
| Listing Office:
5201 Blue Lagoon Drive Suite 100 Miami, FL 33126
Tel: (786) 522-7000
Fax: (786) 522-7010
www.marcusmillichap.com |
|
|
|
| This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. © Marcus & Millichap 2006 |
| (Activity ID: N0240002 Property ID: 1430609) |
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The representations contained on this internet page are provided based on information deemed reliable. However, the same has not been independently verified. Prinicpals are advised to conduct a thorough due dligigence for any potential transaction. Marcus & Millichap Real Estate Brokerage Company's name and logo are used herein for information purposes only. |
|
|
|
|
|
|
|
|
|
| Copyright 2006 South Florida Land Broker, Inc. - All Rights Reserved. |
|
|
|
|
|
|
|
|
|
|
