Exceptional DEVELOPMENT OPPORTUNITY encompassing two adjacent parcels totaling 2.15 acres. This versatile property offers immense potential for multifamily residences, a place of worship, or commercial ventures. Strategically positioned to commence construction from the southern boundary, allowing for phased development while benefiting from an existing rental income of $6,800 per month from the 2 units (Main house 5/4 and the other one 2/2). Whether envisioning a vibrant residential community, a spiritual sanctuary, or a thriving commercial hub, this property provides the canvas to bring your vision to life. Don't miss this unique chance to invest in a property with both immediate returns and expansive future possibilities.
| MLS # | R11114749 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1951 |
| Days On Site | 385 |
| Listing Provided By | CENTURY 21 Tenace Realty | Mahmud Rahman |
| Bed(s) | 7 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 3,025 |
| Story(s) | 1 |
| Zoning | RL-3(c |
| Acreage | 1.73 |
| Water Front | Yes |
| Lot Features | One To Two Acres |
|---|
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 12841.7 |
|---|
| State | FL |
|---|---|
| County | Palm Beach |
| City | Greenacres |
| Zip Code | 33463 |
| Area | 5720 |
| Community Name | HISTORIC GREENACRES |
| Listing VS Median (in HISTORIC GREENACRES) | |
Price: $2,000,000 low | high Med: $2,000,000 sqft: 3,025 low | high Med: 3,025 $ / sqft: $661 low | high Med: $661 On site: 385 low | high Med: 385 | |
| State | FL |
|---|---|
| County | Palm Beach |
| City | Greenacres |
| Zip Code | 33463 |
| Area | 5720 |
| Community Name | HISTORIC GREENACRES |
| Listing VS Median (in HISTORIC GREENACRES) | |
Price: $2,000,000 low | high Med: $2,000,000 sqft: 3,025 low | high Med: 3,025 $ / sqft: $661 low | high Med: $661 On site: 385 low | high Med: 385 | |