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205 SE 1st Ave, South Bay FL 33493

Lots/Land For Sale
$55,000

BTC: 0.85683649

ETH: 31.19788535

-$5K (2026/03/13)
101 days
0 room(s)

Overview

Excellent investment opportunity in South Bay, located in the western region of Palm Beach County near Lake Okeechobee. This 0.16-acre vacant lot is zoned Multiple Family Dwelling, offering strong potential for duplex or small multifamily development (subject to city approval). With approximately 6,969 sq ft, the property provides a great opportunity for investors or developers looking to build income-producing rental units in an area with consistent demand for affordable housing. Conveniently located near local schools, services, and main roadways, with easy access to neighboring communities such as Belle Glade and Pahokee. Whether you are planning a long-term rental investment or a small residential development, this parcel offers flexible zoning, low holding costs, and solid potential in the growing Glades area.

Location

Florida • South Bay • 33493 • Lots/Land • For Sale

Details

Type:
Land/Boat Docks
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

Recent sales nearby
4 public-records sales within 0.5 mi
Median actual sale: $50K
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

Highlights

Annual tax
$522
2025
All facts and features

  • Lot

    • Lot: 0.16 Acres

    Other Property Information

    • Parcel Number: 58364414151500090

    • Zoning: R2 (city

  • Type and style

    • Property Type: Land/Boat Docks

    • Property Sub Type: Residential

  • Other financial information

    • Annual tax amount: $522

  • Source details

    • MLS ID: A11980895

    Other facts

    • Lot Features: No Misc/Improvements

    • Direction Faces: West

    • Other Structures: None

    • Subdivision Name: SOUTH BAY

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
33493
12
median $209K
Active
Same city
South Bay
12
median $209K
Active
Same type
Lots/Land
2
median $57K
Active
Similar price
$38K – $71K
2
median $57K
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: Realty 100