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1340 Longwood Street
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PRICED AT ONLY: $2,999,999

Address: 1340 Longwood Street, West Palm Beach, FL 33401

Description

This 0.53 acre three parcel assemblage is strategically located in the Mercer Park neighborhood of West Palm Beach, minutes from downtown, major transit corridors, and employment centers.Zoned MF14. Under the City of West Palm Beach's Workforce Housing Density Bonus program the property qualifies for up to 64 units per acre. A potential buildout of approximately 34 units (33.92).This is a rare opportunity to secure a well located multifamily development site in a rapidly growing submarket with strong rental demand. Ideal for workforce housing, market rate apartments, or a mixed income infill development.Parcels Included:1335 Wellington St1336 Longwood St1340 Longwood St

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Virtual Tour
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  • MLS#: RX-11129705 ( Commercial Land )
  • Street Address: 1340 Longwood Street
  • Viewed: 14
  • Price: $2,999,999
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 26

Description

This 0.53 acre three parcel assemblage is strategically located in the Mercer Park neighborhood of West Palm Beach, minutes from downtown, major transit corridors, and employment centers.Zoned MF14. Under the City of West Palm Beach's Workforce Housing Density Bonus program the property qualifies for up to 64 units per acre. A potential buildout of approximately 34 units (33.92).This is a rare opportunity to secure a well located multifamily development site in a rapidly growing submarket with strong rental demand. Ideal for workforce housing, market rate apartments, or a mixed income infill development.Parcels Included:1335 Wellington St1336 Longwood St1340 Longwood St
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Features
Building and Construction
  • Absolute Longitude: 80.069424
  • Front Exp: North
Property Information
  • Property Group Id: 19990816212131825981000000
Land Information
  • Land Use: Multi-Family High De, Multi-Family Med Den
  • Lot Description: 1/2 to < 1 Acre
Eco-Communities
  • Trees: Sabal Palm
Utilities
  • Roads: City/County Maint.
  • Utilities Avail: Cable, Electric, Municipal Sewer, Phone Line, Public Water, Trash Removal
  • Utilities On Site: Cable, Electric, Municipal Sewer, Phone Line, Public Water
Finance and Tax Information
  • Homeowners Assoc: None
  • Tax Year: 2024
Other Features
  • Avail Docs: Aerial, Appraisal, Perc Test, Plat Maps, Previous Title, Survey
  • Comp Plan Use: Central Urban
  • Country: United States
  • Ground Cover: Grassed, Palmetto
  • Improvements: Cleared, Curb, Sidewalk
  • Legal Desc: MERCER PARK REPL TH PT OF LOTS 5 & 6 LYG N & ELY OF I-95 R/W & LOT 7 BLK 4
  • Location: City
  • Parcel Id: 74434328130040051
  • Possession: At Closing
  • Special Assessment: No
  • Views: 14
  • Zoning: MF14
Nearby Subdivisions
Clows   Clows Add To Wpb   Freshwater 11th & 12th Ave Add   Mercer Park Repl In   Sunshine Park Add 2   West Palm Beach  
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Details for 902 2nd Street, West Palm Beach, FL 33401
$2,995,000.00

902 2nd Street Virtual Tour More Like This

**UNMATCHED Opportunity in Downtown West Palm Beach!**Acquire two PRIME lots totaling over 20,000 SF at 902 2nd Street (14,300 SF) and 914 2nd Street (7,148 SF), zoned QBD3. This .49 ACRE site offers

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  1. MLSID: RX-11126987
  2. Provided by Douglas Elliman
  3. Contact Giuliana Torre
  4. (561) 655-8600
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