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1699-1705 N Congress Ave - 1699 N CONGRESS AVE WEST PALM BEACH FL. 33409

1.42 Acres of Commercial Land Offered at $3,950,000 in West Palm Beach, FL 33409

Investment Highlights

  • Location - Location - Location; The Aero Village Community is located in the heart of the south Florida's Gold Coast.

Executive Summary

Location Advantage:
Situated in the heart of Eastern Palm Beach County, one of the nation's fastest-growing regions.
Enjoys a world-renowned subtropical climate with year-round sunshine and proximity to the Gulf Stream's deep blue waters.
Rich History and Lifestyle Destination:

Palm Beach County has a rich history, dating back to Henry Flagler's arrival in 1894 and the subsequent development of luxury resorts like The Breakers.
The area remains a magnet for those seeking a luxurious South Florida lifestyle.

Explosive Growth and Amenities:

Greater West Palm Beach has transformed from a small-town atmosphere into a thriving real estate market.
The area boasts world-class amenities, including:
Renowned golf courses and PGA headquarters
International Equestrian Center and Palm Beach Polo Club
Major League Baseball spring training facilities
World-class sportfishing and yachting via Palm Beach Inlet

Vibrant Downtown and Educational Hub:
West Palm Beach's downtown district attracts tourists, financiers, and convention attendees.
The area offers a vibrant cultural scene with four universities and prestigious institutions like the Kravis Center for the Arts.
Unparalleled Convenience:

The property enjoys central proximity to shopping destinations, fine dining, and the Palm Beach International Airport.
Bonus: World-famous Palm Kennel Club and Gaming facility are within a half mile.

This meticulously planned development site offers a prime location in the heart of the "Greater Palm Beaches," positioning it for exceptional investment potential.

Property Facts

Price $3,950,000
Sale Type Investment
Sale Conditions Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Apartment Units
Total Lot Size 1.42 AC

1 Lot Available

Lot 1,2,3,4

Price $3,950,000
Price Per AC $2,781,690
Lot Size 1.42 AC

Aero Village is a unique 38-unit boutique residential community pre-approved for development by Palm Beach County Planning, including the Westgate Community Redevelopment Agency that offers the potential for retail sale and/or long-term rentals.

Description

Location Advantage: Situated in the heart of Eastern Palm Beach County, one of the nation's fastest-growing regions. Enjoys a world-renowned subtropical climate with year-round sunshine and proximity to the Gulf Stream's deep blue waters. Rich History and Lifestyle Destination: Palm Beach County has a rich history, dating back to Henry Flagler's arrival in 1894 and the subsequent development of luxury resorts like The Breakers. The area remains a magnet for those seeking a luxurious South Florida lifestyle. Explosive Growth and Amenities: Greater West Palm Beach has transformed from a small-town atmosphere into a thriving real estate market. The area boasts world-class amenities, including: Renowned golf courses and PGA headquarters International Equestrian Center and Palm Beach Polo Club Major League Baseball spring training facilities World-class sportfishing and yachting via Palm Beach Inlet Vibrant Downtown and Educational Hub: West Palm Beach's downtown district attracts tourists, financiers, and convention attendees. The area offers a vibrant cultural scene with four universities and prestigious institutions like the Kravis Center for the Arts. Unparalleled Convenience: The property enjoys central proximity to shopping destinations, fine dining, and the Palm Beach International Airport. Bonus: World-famous Palm Kennel Club and Gaming facility are within a half mile. This meticulously planned development site offers a prime location in the heart of the "Greater Palm Beaches," positioning it for exceptional investment potential.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 00-43-43-30-12-000-0250
  • 00-43-43-30-12-000-0272
  • 00-43-43-30-12-000-0260
  • 00-43-43-30-12-000-0271
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$504,390

zoning

Zoning Code RH High Density (Palm Beach County Planning Department, Zoning Department and West Gate CRA approvals in place.)
RH High Density (Palm Beach County Planning Department, Zoning Department and West Gate CRA approvals in place.)
  • Listing ID: 32398644

  • Date on Market: 7/9/2024

  • Last Updated:

  • Address: 1699-1705 N Congress Ave, West Palm Beach, FL 33409

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