$2,350,000

Property Description

AMAZING DEVELOPMENT OPPORTUNITY in rapidly-growing, coastal, LAKE WORTH BEACH! ON THE BLOCK DIRECTLY NEXT TO LAKE AVENUE! COME BUILD A 47-UNIT MULTIFAMILY COMPLEX! We have the official, signed, 47-units Verification Letter from the city. TOD-E zoning (high-density!). Over .5 acres (qualifies as an Urban Planned Development!). In the CRA district! One block East sits The Bohemian - newly-built, 7-stories, 200-units, fully-occupied - a tangible testament to the vigorous vitality of the local rental market. After nearly 30 years of ownership, the seller is finally ready to relinquish. Here's your grand opportunity to harness Lake Worth Beach's highest-density residential zoning designation, at the city's very best location... Steps from the flagship downtown street!
Courtesy of Southdale Properties Inc.

Schedule to See Homes

Rob Lyszczarz