For Sale

Listed by Dick Lee

Source: MIAMI Association of REALTORS® #A12123024

4941 Pine Ridge Lane, West Palm Beach, FL, 33417

$1,925,000

95832 sq. ft.

Land

•

1 day on the market

What's around 4941 Pine Ridge Lane

About this property

PRIME DEVELOPMENT OPPORTUNITY IN WEST PALM BEACH! Exceptional opportunity for developers, builders, and investors to acquire approximately 2.2 acres of developable vacant land in a desirable and growing West Palm Beach location. This expansive parcel offers tremendous potential for multifamily residential development, with reported approvals for a 36-unit apartment community, featuring 18 one-bedroom and 18 two-bedroom residences.Ideally positioned between I-95 and Florida's Turnpike, the property provides convenient access to Downtown West Palm Beach, Palm Beach International Airport, major employment centers, shopping, dining, and everyday amenities.The site offers high-density multifamily development potential, with additional possible uses including assisted living, rehabilitation facilities, and religious institutions, subject to applicable approvals and zoning requirements. Public water, sewer, and electric utilities are reported available.A rare opportunity to capitalize on South Florida's continued growth and demand for residential housing. Whether you're an experienced developer or an investor seeking your next project, this property offers location, flexibility, and significant development potential.Buyers are encouraged to conduct their own due diligence regarding zoning, development approvals, permitted uses, utilities, and building requirements. Bring your vision and make this exceptional investment opportunity a realityrendering is conceptual

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