$712,500
$750,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
0.28 Acres Lot
SOLD DATE : 12/20/2023
Key Details
Sold Price $712,500
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Knowles Court Add
MLS Listing ID F10362791
Sold Date 12/20/23
HOA Y/N No
Annual Tax Amount $2,627
Tax Year 2022
Lot Size 0.279 Acres
Property Description
OPPORTUNITY ZONE CORNER LOT. A corner 0.28 acre (12,149 sqft) paved lot. Currently used as an auto sales/leasing (ATLANTIC AUTO SALES) business. There is an office building (1080 sqft) on the lot. The building has A/C, one bay with a lift, an office, and two bathrooms. Renovations needed. Great development potential. Zoned BUMD type II. Potential zoned uses, and info posted in the attached docs. OZ Low-Income Community. There is the possibility of combining the sale with another lot across the street (email agent for details) for a larger development project.
Location
State FL
County Palm Beach County
Area Palm Beach 5400; 5410; 5450
Zoning BMUD-II
Exterior
Utilities Available Electric, Phone Line, Sewer, Underground Utilities, Water
Waterfront No
Water Access N
Private Pool No
Building
Lot Description Less Than 1 Acre
Sewer Public Sanitation
Water Municipal Water
Others
Pets Allowed No
Ownership Sole Proprietor
Acceptable Financing Cash, Conventional, Presently Leased
Listing Terms Cash, Conventional, Presently Leased
Special Listing Condition Lease Back Available, Potential Tear Down, Presently Leased
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Bought with Touchstone-Webb Realty Co.
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