1725 Spruce AveWest Palm Beach, FL 33407

Property Details for 1725 Spruce Ave

Year built

1947

Construction

WOOD

Lot size

0.16 AC

Property size (Sq ft)

1,250 SF

Zone code

MF14

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

74-43-43-16-18-010-0120

APU

74434316180100120

Description

This exceptional 0.32-acre commercial land parcel in West Palm Beach, Florida, presents a unique redevelopment opportunity. Located at 1725 Spruce Ave, zip code 33407, this property boasts a 1,418 square foot existing retail building situated on a 13,722 square foot lot. The property is zoned for multi-family use, allowing for the construction of various residential projects, or certain commercial uses as permitted by the zoning code. Given West Palm Beach's burgeoning real estate market and the significant influx of new residents, this location offers substantial potential for high returns. The city is experiencing a construction boom, with numerous multi-family projects underway, indicating strong demand and a favorable investment climate. This prime location offers developers the chance to capitalize on this growth, creating a thriving residential or commercial development. The existing structure provides a potential starting point for redevelopment, or could be demolished to make way for a new construction. The 0.32-acre lot size provides ample space for a variety of development options. This is an exceptional opportunity to invest in a rapidly growing area of West Palm Beach. The property is conveniently located in Palm Beach County, Florida.

Location Insight

City

West Palm Beach

County

Palm Beach

State

Florida

Latitude

26.7289

Longitude

-80.0551

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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