Description
Excellent investment opportunity in South Bay, located in the western region of Palm Beach County near Lake Okeechobee. This 0.16-acre vacant lot is zoned Multiple Family Dwelling, offering strong potential for duplex or small multifamily development (subject to city approval). With approximately 6,969 sq ft, the property provides a great opportunity for investors or developers looking to build income-producing rental units in an area with consistent demand for affordable housing. Conveniently located near local schools, services, and main roadways, with easy access to neighboring communities such as Belle Glade and Pahokee. Whether you are planning a long-term rental investment or a small residential development, this parcel offers flexible zoning, low holding costs, and solid potential in the growing Glades area.
Details
| MLS # | A11980895 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 168 |
| Listing Provided By | Realty 100 | Pamela Moya Sosa |
Features
| Zoning | R2 (city |
|---|---|
| Acreage | 0.16 |
Taxes
| Tax Annual Amount | 522 |
|---|
Area Information
| State | FL |
|---|---|
| County | Palm Beach |
| City | South Bay |
| Zip Code | 33493 |
| Area | 5560 |
| Subarea | Palm Beach 5520; 5530; 5570; 5580 |
| Community Name | SOUTH BAY |
| Listing VS Median (in SOUTH BAY) | |
Price: $55,000 low | high Med: $197,000 On site: 168 low | high Med: 89.5 | |
Request a showing
Request a showing
Contact
Learn More About This Property
| State | FL |
|---|---|
| County | Palm Beach |
| City | South Bay |
| Zip Code | 33493 |
| Area | 5560 |
| Subarea | Palm Beach 5520; 5530; 5570; 5580 |
| Community Name | SOUTH BAY |
| Listing VS Median (in SOUTH BAY) | |
Price: $55,000 low | high Med: $197,000 On site: 168 low | high Med: 89.5 | |
