Seller Financing Available - Bring All Offers!
2220 LAKE WORTH ROAD, Lake Worth, FL 33461
1 Lot Available
- Price: $5,500,000
- Lot Size: 7.65
- Price/AC: $718,954.24
- Lot Type: Multifamily (land)
- Min. Divisible: 3.25 AC
- Max. Contiguous:7.65 AC
- Commission Split:3%
7.65 ACRE SHOVEL-READY PARCEL AT THE BUSY, SIGNALIZED INTERSECTION OF LAKE WORTH ROAD AND BOUTWELL ROAD OVERLOOKING LAKE OSBOURNE. ZONING OF MF-40 WITH COMMERCIAL OVERLAY ALONG LAKE WORTH ROAD, PERMITTING A VARIETY OF COMMERCIAL USES.
Highlights
- 7.65 ACRE PARCEL AVAILABLE FOR HIGH-DENISTY, MIXED-USE DEVELOPMENT
LOCATED AT BUSY, SIGNALIZED INTERSECTION JUST WEST OF I95- SHOVEL-READY PARCEL WITH PHASE I AND PHASE II REPORTS COMPLETED - NO ISSUES
- BEAUTIFUL WATER VIEWS OF LAKE OSBOURNE AND CLOSE TO PBCC, JFK MEDICAL CENTER, ETC.
- BUS STOP ADJACENT TO SITE AND TRAIN STATION NEARBY
- MINUTES TO I95, DOWNTOWN LAKE WORTH, PBIA AND DOWNTOWN WEST PALM BEACH
Description
Fabulous Development Opportunity with substantial discount available for quick Closing with Seller Financing Available! Seller says to sell it now so bring all offers!
7.65 acres at busy signalized intersection overlooking Lake Osbourne with frontage on 3 streets and access from two of those streets for easy traffic flow. High density zoning approved and in place allowing up to 40 units per acre and/or mixed use retail and professional offices - several uses are permitted under the current zoning. Beautiful waterview parcel in close proximity to Palm Beach County Community College, JFK Regional Medical Center, downtown Lake Worth, I95 and Federal Highway. PalmTran bus stop is adjacent to parcel and a TriRail station is located within 1/2 mile.
The property is vacant and ready for development with utilities available at the site. Phase I and Phase II reports have been completed and no problems were found.
Property is actually 2 parcels - 4.4 acres and 3.25 acres - and THEY CAN BE SOLD SEPARATELY.
Great Opportunity - Call Today for detailed package!
This property is located on the Northwest corner of the signalized intersection of Lake Worth Road and Boutwell Road, just west of I95, in the City of Lake Worth in Palm Beach County, Florida. Lake Worth Road is a major east/west feeder highway between the Florida Turnpike and downtown Lake Worth. Boutwell Road is the main street leading into the Lake Worth Park of Commerce and a well-traffic’d thruway to the 10th Avenue North corridor and I95 entrance.
The property is well-located for convenient, quick access to the various employment centers in Palm Beach County and has every amenity in close proximity - shopping, bus stop, train station, restaurants, schools, hospital, places of worship, etc.
