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203 Lakeland Dr

0.29 Acres of Residential Land Offered at $1,190,000 in West Palm Beach, FL 33405

Investment Highlights

  • BUILDABLE UP TO 5 UNITS ACROSS THE STREET FROM THE INTRACOASTAL WATERWAY

Executive Summary

12,432 sq ft BUILDABLE lot zoned Multi Family 20-C1 - HIST on the corner of Washington Road and Lakeland Drive. (listing includes virtually enhanced photos) Historic home (needs complete rehab; photos Virtually Staged) can be used as a duplex, 2 units: a studio and 2 bed 1 bath attached. As a single family: 3 beds, 2 baths. Live in one side and rent the other, or use both units. Needs AC, water heater, appliances, and lots of love. You can build on top up to 32', or build additional units, up to 5500 sq ft in total, including the duplex. One house in from the Intracoastal Waterway. Electric lines have been upgraded and moved underground. Excellent opportunity to own a one of a kind property on a huge buildable lot with endless possibilities! LOVE WHERE YOU LIVE!

Property Facts

Price $1,190,000
Sale Type Investment
Sale Conditions
Redevelopment Project
  • Building in Shell Condition
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.29 AC

1 Lot Available

Lot

Price $1,190,000
Price Per AC $4,169,601
Lot Size 0.29 AC

12,432 sq ft pie shaped lot on an extremely popular area

zoning

Zoning Code MF20-C1 (MF20-C1—HIST. MF MED DENSITY CONT. 1 (74-WEST PALM BEACH) SEE ZONING CONFIRMATION IN DOCUMENTS)
MF20-C1 (MF20-C1—HIST. MF MED DENSITY CONT. 1 (74-WEST PALM BEACH) SEE ZONING CONFIRMATION IN DOCUMENTS)
  • Listing ID: 33867260

  • Date on Market: 11/14/2024

  • Last Updated:

  • Address: 203 Lakeland Dr, West Palm Beach, FL 33405

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