Mixed-use property located in a Opportunity Zone just four blocks north from the $1B NORA District redevelopment area. Featuring a commercial storefront and a residential duplex in two separate buildings, it provides immediate income (100% rented) with possible significant tax advantages for long-term investors. Positioned in a high-growth corridor near the Brightline and Tri-Rail stations and new workforce housing projects, it offers a strategic "path of progress" acquisition with a Future Land Use of Multifamily (MF).
| MLS # | B26014430 |
|---|---|
| Listing Type | For Sale |
| Style | Mixeduse |
| Sub-Type | Resale |
| Status | Active |
| Year | 1925 |
| Days On Site | 183 |
| Listing Provided By | Keyes Company | Cheryl Schweigart |
| SQ Feet | 2,520 |
|---|---|
| Story(s) | 1 |
| Units | 3 |
| Building(s) | 2 |
| Zoning | MF14 (city) |
| Acreage | 0.15 |
| Lot Features | Less Than One Acre, Less Than Quarter Acre |
|---|
| Parking Features | On Street |
|---|
| Tax Annual Amount | 5935 |
|---|
| State | FL |
|---|---|
| County | Palm Beach |
| City | West Palm Beach |
| Zip Code | 33401 |
| Area | 5420 |
| Subarea | Palm Beach 5420; 5430; 5440 |
| Listing VS Median (in 33401) | |
Price: $700,000 low | high Med: $150,000 sqft: 2,520 low | high Med: 983 $ / sqft: $278 low | high Med: $153 On site: 183 low | high Med: 26.5 | |
| State | FL |
|---|---|
| County | Palm Beach |
| City | West Palm Beach |
| Zip Code | 33401 |
| Area | 5420 |
| Subarea | Palm Beach 5420; 5430; 5440 |
| Listing VS Median (in 33401) | |
Price: $700,000 low | high Med: $150,000 sqft: 2,520 low | high Med: 983 $ / sqft: $278 low | high Med: $153 On site: 183 low | high Med: 26.5 | |