$6,250,000
Palm Springs, FL 33406
MLS# RX-11124370
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Property Description
Rare opportunity to own a large 5.84 Acre parcel of undeveloped land in West Palm Beach, Florida located just off Forest Hill Blvd and Congress Ave. Priced at $6,250,000 (approx. $1,070,205 an Acre). The Zoning classification is Residential Multi-family (RM). The property is designated with Medium-Density Residential land use which allows up to 10 du/acres, for a maximum of 58 residential dwelling units. The property is landlocked with a deeded undeveloped access easement off Lone Pine Way that must be completed for development. I-95 is only 1 mile away, Palm Beach International Airport and vibrant Downtown West Palm Beach less than 6 miles away. Just minutes from major grocery stores, Hospitals, top-rated golf courses, and more!
Details
Contract Information
Listing Date: 2025-09-16
Status: Active
Original List Price: 6250000
Auction: No
List Price: $6,250,000
Current Price: $6,250,000
List Price/Acre: 1070205.48
Negotiable Seller Concessions YN: Yes
General Property Description
Type: Single Family Detached
Price/Acre: 1070205
Price/SqFt: 24.58
Lot Dimensions: 331x770
Lot SqFt: 254313
Acres: 5.84
Waterfront: No
Subdivision: n/a
Front Exp: East
Homeowners Assoc: None
Directions: I-95: Take Forest Hill Blvd West, Continue West Through S Congress Ave. Lone Pine Way will be the first street on your Right after passing the Forest Hill Center Plaza.
Location Tax Legal
Area: 5480
County: Palm Beach
Parcel ID: 70434407000005160
Street Name: Dalinda
Street Suffix: Lane
Zip Code: 33406
Legal Desc: 7-44-43~ E 1/4 OF NW 1/4 OF SE 1/4 LYG S OF & ADJ TO L-7 CNL R/W (LESS S 532.19 FT)
Geo Lat: 26.653553
Geo Lon: -80.092669
Property Features
Land Use: Multi-Family Med Den; Single Family; Other
Lot Description: 5 to 10 Acres; Treed Lot
Develop Status: Undeveloped
Comp Plan Use: Residential Protct'd
Improvements: Fenced; None
Utilities Avail: Other
Utilities On Site: None
View: Pond
Ground Cover: Brush; Other
Roads: Legal Access Road
Miscellaneous: Clearing Required
Avail Docs: Aerial; Appraisal
Soil Type: Dirt; Sand; Other
Trees: Other; Partially Treed
Usage: Unimproved Multi-Fam
Special Info: Easements
Elev at Sea Leval: Unknown
Terms Considered: Cash; Conventional
Possession: At Closing
Listing Office: Touchstone-Webb Realty Co.
Last Updated: September - 17 - 2025
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