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Investment Properties in South Florida “Vacant Land For Sale”

$ 1,100,000

4836 Dillon St, West Palm Beach

Property Description

Investment Properties In South Florida for Sale, ” Development project”. Discover this rare investment opportunity to develop a high density property in the heart of West Palm Beach! Dillon St and Todd Street are 2.05 Acres each. Both parcels can be improved to 15 residential units per property. The owner has a letter from the township stating the property is acceptable for a total of 30 residential units. Also, soil tests have been concluded stating improvement of the property is possible. The property could possibly be re zoned for a higher density. There is water, sewer and power available. Each property has a variety of foliage including several royal palm which could be used in the landscaping of a future development. Exhibit A shows a PUD the owner made for a development on Dillon street; however, the plan doesn’t reflect the current maximum density. There is flexibility in the deal as the property can be sold in a variety of ways.