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Investment Highlights

  • Multifamily Development Site

Executive Summary

Seller prefers to sell parcels together. Development feasibility information and preliminary plans available upon request. Buyer to verify zoning, density, and development potential with the City of West Palm Beach.

Property Facts

Price $2,490,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.53 AC
Year Built 1955
Zoning MF-14 - Multifamily

1 Lot Available

Lot

Price $2,490,000
Price Per AC $4,698,113.21
Lot Size 0.53 AC

Four-parcel multifamily development assemblage in Mercer Park, West Palm Beach. Zoned MF14 with preliminary plans for 12 units including workforce housing density bonus. Currently improved with 3 houses generating ~$7,700/month. Parcels sold together

Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
20/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 74-43-43-28-13-004-0250
  • 74-43-43-28-13-004-0260
  • 74-43-43-28-13-004-0080
  • 74-43-43-28-13-004-0051
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$719,322
  • Listing ID: 39688752

  • Date on Market: 3/6/2026

  • Last Updated:

  • Address: 1340 Longwood St, West Palm Beach, FL 33401

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