1340 Longwood ST new

West Palm Beach,FL 33401

$ 2999999

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Commercial Land

Listing Status Active

Purchase Type For Sale

Subdivision Mercer Park Repl In

MLS Listing ID RX-11129705

HOA Y/N No

Annual Tax Amount $4,711

Tax Year 2024

Property Sub-Type Commercial Land

Property Description

This 0.53-acre three-parcel assemblage is strategically located in the Mercer Park neighborhood of West Palm Beach, minutes from downtown, major transit corridors, and employment centers.Zoned MF14. Under the City of West Palm Beach's Workforce Housing Density Bonus program the property qualifies for up to 64 units per acre. A potential buildout of approximately 34 units (33.92).This is a rare opportunity to secure a well-located multifamily development site in a rapidly growing submarket with strong rental demand. Ideal for workforce housing, market-rate apartments, or a mixed-income infill development.Parcels Included:1335 Wellington St1336 Longwood St1340 Longwood St

Location

State FL

County Palm Beach

Area 5430

Zoning MF14

Exterior

Utilities Available Cable,Electric,Municipal Sewer,Phone Line,Public Water

Exposure North

Building

Lot Description 1/2 to < 1 Acre

Others

Acceptable Financing Cash,Conventional,Exchange

Horse Property No

Listing Terms Cash,Conventional,Exchange

Financing Cash,Conventional,Exchange

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