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About This Home
This 0-bedroom, 0-bathroom commercial at 1340 Longwood Street in West Palm Beach, FL is listed for $2,195,000. on a 0.53 acres lot.
This offering consists of four contiguous parcels forming a multifamily development assemblage in the Mercer Park neighborhood of West Palm Beach. The site is zoned MF14 and includes preliminary plans for a 12-unit development, incorporating a workforce housing density bonus.
It is currently improved with three income-producing houses that collectively generate approximately $7,700 per month. All parcels are being sold together as a single assemblage. Seller prefers to sell parcels together. Development feasibility details and preliminary plans are available upon request. The buyer is responsible for verifying zoning classifications, allowable density, and overall development potential with the City of West Palm Beach
Key Features
- 0.53 acre lot
Monthly Cost Estimate
$11,739/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1340 Longwood Street
West Palm Beach, FL 33401
MERCER PARK
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 1340 Longwood Street is listed at $2,195,000. The estimated monthly payment is $9,512 based on 20% down at 6.5% interest.
Key features include: 0.53 acre lot.
This property is listed by Joseph Katta and can be reached at 7729713317 or jkatta@gmail.com.
