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16401 Palm Beach Blvd - 16401 Palm Beach Boulevard 3.09 Acres of Commercial Land Offered at $1,125,000 in Alva, FL 33920
Investment Highlights
- CPD allows for up to 14,350 SF of floor area across both parcels, permitting a large list of approved uses.
- The site is positioned directly along the primary thoroughfare serving traffic to eastern counties, including Hendry and Glades County.
- 730±’ of direct frontage on Palm Beach Boulevard
- Close proximity to a host of commercial activity as well as many residential developments including River Hall, planned for 2,695 residences.
Executive Summary
16401 Palm Beach Blvd consists of 3.09± acres of CPD and AG-2 zoned land with direct frontage along Palm Beach Boulevard. The property benefits from close proximity to a strong mix of commercial development, including a Publix anchored shopping center, multiple retail and commercial users, Riverdale High School, and River Hall, a growing master-planned community planned for over 2,695 homes, with more than 1,500 already constructed.
The CPD zoning allows for a wide range of commercial uses, including but not limited to administrative offices, financial institutions, essential services, medical office, and indoor storage. The CPD also permits a maximum buildable area of up to 14,350± Sq. Ft. across the 2 eastern parcels. The 3rd western parcel is zoned AG-2.
PRICING:
• 2.09± Acres: $750,000
• 1± Acre: $375,000
LOCATION HIGHLIGHTS:
• 1.1 miles to River Hall
• 1.8 miles to Publix Shopping Center
• 1.9 miles to Buckingham Road
• 2.2 miles to Riverdale High School
• 4.4 miles to State Road 31 (Babcock Ranch Rd.)
• 6.8 miles to I-75
The CPD zoning allows for a wide range of commercial uses, including but not limited to administrative offices, financial institutions, essential services, medical office, and indoor storage. The CPD also permits a maximum buildable area of up to 14,350± Sq. Ft. across the 2 eastern parcels. The 3rd western parcel is zoned AG-2.
PRICING:
• 2.09± Acres: $750,000
• 1± Acre: $375,000
LOCATION HIGHLIGHTS:
• 1.1 miles to River Hall
• 1.8 miles to Publix Shopping Center
• 1.9 miles to Buckingham Road
• 2.2 miles to Riverdale High School
• 4.4 miles to State Road 31 (Babcock Ranch Rd.)
• 6.8 miles to I-75
Property Facts
1 Lot Available
Lot 3
| Price | $1,125,000 | Lot Size | 3.09 AC |
| Price Per AC | $364,077.67 |
| Price | $1,125,000 |
| Price Per AC | $364,077.67 |
| Lot Size | 3.09 AC |
3.09± Acres Vacant Commercial Property - Alva, FL
Description
DEVELOPMENT REGULATIONS: CPD: The project is limited to 2 buildings not to exceed 14,350± Sq. Ft. of floor area. SCHEDULE OF USES: • Administrative Offices (only as accessory to another approved use) • Banks and Financial Establishments Groups I and II • Business Services – Groups I and II • Drive-Thru Facility
Property Taxes
| Parcel Numbers | Improvements Assessment | $18,820 | |
| Land Assessment | $75,582 | Total Assessment | $357,884 |
Property Taxes
Parcel Numbers
Land Assessment
$75,582
Improvements Assessment
$18,820
Total Assessment
$357,884
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16401 Palm Beach Blvd - 16401 Palm Beach Boulevard
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