NEW DEVELOPMENT OPPORTUNITY - Huge upside through the new Development up to 11 VILLAS or T-Homes of 2500-3000 sq feet, steps away from the beach and waterways & filling up highest and best use. Huge lot of 22,000 sq feet Two current Buildings of two floors under renovation. Current zoning allows for multifamily use. Building is class C and B (Zoned for Multifamily) Rare opportunity for a reputable developer, fund, assets managing group to purchase an free and clear asset in Palm Beach Shores, new developments rising all over the Palm Beach shores. (NOTE: some photos are renderings)
SEASIDE ELEGANCE IN PALM BEACH SHORES: A RARE MULTIFAMILY GEM JUST STEPS FROM THE BEACH. Nestled in the heart of the coveted Palm Beach Shores, less than a block from pristine beach access, lies an unparalleled real estate opportunity that seamlessly blends luxury living with investment potential. Welcome to a multifamily residence, a hidden jewel offering not just a home but a lifestyle in one of Florida's most exclusive coastal communities.This extraordinary property, spanning over 6,000 square feet with 5,500 square feet of living space, stands as a testament to architectural sophistication and beachside allure. Comprising four distinct units, each with its unique charm, the residence is a harmonious blend of style, comfort, and investment potential.
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Palm Beach Shores is located in Florida. Palm Beach Shores, Florida has a population of 1,202. Palm Beach Shores is less family-centric than the surrounding county with 15.69% of the households containing married families with children. The county average for households married with children is 26.08%.
The median household income in Palm Beach Shores, Florida is $65,294. The median household income for the surrounding county is $57,256 compared to the national median of $57,652. The median age of people living in Palm Beach Shores is 56.8 years.
The average high temperature in July is 90.3 degrees, with an average low temperature in January of 55.9 degrees. The average rainfall is approximately 60.1 inches per year, with 0 inches of snow per year.
