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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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1340 Longwood St , West Palm Beach, FL 33401
$2,195,000
Est. Payment: $4,877.78/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 92
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FLL802518 - FLL276598582
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House Description

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

Highlights

Listed by Joseph Katta , 772-971-3317 LoKation , 954-545-5583.

Property Type

Vacant Land

Lot/Acreage
0.53

County

Palm Beach

Area

5430

Neighborhood

Mercer Park

Listing ID

B26042199

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:Public

Exterior Features

Lot:<1 Acre
Zoning:MF14 (city)
Sewer:Not Connected (at lot),Public Sewer,Other
Principal Interest
$4,878
Taxes
$527

Home Price

$2,195,000

Loan Details

30 yrs
%

Down Payment

20%
$439,000
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Monthly Price:
$4,877.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,877.78 $526.92 $0.00 $5,404.69
Yearly $58,533.33 $6,323.00 $0.00 $64,856.33
Total $1,756,000.00 $189,690.00 $0.00 $1,945,690.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (West Palm Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.