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5060 Ocean, Riviera Beach, FL 33404

Commercial For Sale
$18,000,000

BTC: 177.33990148

ETH: 4,831.25499901

42 days
Waterfront
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

Colliers is pleased to present the opportunity to acquire the Condado Development Site, an oceanfront development opportunity. The Condado is an aging three story co-op built in 1966 comprising 13 units. The property features private beach access.The Condado Site is approximately 1.115 acres, with 138 feet of frontage on the Atlantic Ocean located on Singer Island, directly north of Palm Beach Island. This site offers developers the opportunity to build a boutique, ultra-luxury, beachfront residential project to capitalize on the influx of wealth to Palm Beach County. The inplace RM-20 zoning allows for a maximum density of 20 units per acre on the site, a FAR of 1.30, and a maximum height of 200feet.

Location

Florida • Riviera Beach • 33404 • Commercial • For Sale • Waterfront

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1966
Lot:
No Data
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data
All facts and features

  • Other Property Information

    • Parcel Number: 56434222270000000

    • Zoning: RM-20(

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family

  • Other financial information

    • Annual tax amount: $8,316

  • Source details

    • MLS ID: RX-11034811

    Other facts

    • Direction Faces: Go East on Blue Heron Blvd in Riviera Beach to N Ocean Dr.

    • Waterfront: Yes

    • Garage: Yes

    • Subdivision Name: CONDADO INC

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The multiple listing information is provided by the Beaches MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Beaches MLS. 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: FlatFee.com