432 Palm Beach Lakes Blvd, West Palm Beach, FL 33401

$500,000
1,715
SqFt
List Price
$500,000
MLS#
F10287550
Status
ACTIVE UNDER CONTRACT
Type
Multifamily
Building Name
Franklin Park Add
City
West Palm Beach
Year Built
1925

Property Description

Run do not walk to this unique property loaded with possibilities! Property is next to the bridge. As you come up from the bridge you are greeted with panoramic views of the glistening, wide beaches of WPB! Property features two connected buildings with two separate addresses. Property zoned multi-family for up to 10 units! Renovate current structure or tear it down and built up to 10 units. The area is going through revitalization similar to Sistrunk and Wynwood with future bridge reconstruction, sidewalks leading to the beach and more. Property is encumbered by liens and violations that will be the responsibility of the buyer. The city is ready, willing and able to assist with forgiving the liens with a plan to partner with the city to get the property to code.

Additional Information

Subdivision
Franklin Park Add
Living Area
1,715
Taxes
$1,505
Heating
Window/Wall
Flooring
Other Floors
Parking Spaces
4
Water
Municipal Water
Sewer
Municipal Sewer

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Realty/Hollywood.


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