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701 New Jersey Street, West Palm Beach FL 33401

Commercial For Sale
$1,295,000

BTC: 20.00927070

ETH: 680.63322541

4 days
0 room(s)

Overview

Non-contributing property in highly sought after Historic Grandview Heights! This property sits on a 6,960 SF corner lot. Incredibly rare opportunity to construct a brand new single family home in one of West Palm Beach's most bustling neighborhoods. Just south of Downtown West Palm Beach, the property is mere minutes away from CityPlace, Norton Museum of Art, Palm Beach International Airport, and Palm Beach Island. Per City of West Palm Beach Zoning & Land Development, the max floor-area-ratio (FAR) allowed without allowances is 3,132 SF with a max lot coverage (LC) of 2,088 SF without allowances. Buyer and/or Buyer's representatives to verify all Property information and matters regarding potential redevelopment as Listing Broker and Seller make no guarantees.

Location

Florida • West Palm Beach • 33401 • Commercial • For Sale

Details

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
0.16 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,395,000
$215K – $9.5M
Confidence Low
List vs. estimate
$100K below estimate
List $1,295,000 · -7.2%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
26 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $887K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$14,941
2025
View
Garden
All facts and features

  • Lot

    • Lot: 0.16 Acres

    Other Property Information

    • Parcel Number: 74434328050001090

    • Zoning: SF14 (city)

  • Type and style

    • Property Type: Commercial Land

    • Property Sub Type: Agriculture

  • Utility

    • Natural Gas Connected

    • Electricity Available

    • Natural Gas Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $14,941

  • Source details

    • MLS ID: B26063032

    Other facts

    • Lot Features: Corner Location / Corner Lot / Less Than 1/4 Acre Lot / Less Than 1 Acre / Fenced / Sidewalk

    • Direction Faces: South

    • Other Structures: Other Bldg Incl

    • Water Source: Public

    • Lot Size Dimensions: 58'x120'

    • Subdivision Name: Grandview Heights

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33401
336
median $580K
Active
Same city
West Palm Beach
1,742
median $349K
Active
Same type
Commercial
82
median $999K
Active
Similar price
$906K – $1.7M
116
median $1.2M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Coldwell Banker/ WPB