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Lots and Land: MLS #A11564893 West Palm Beach, FL $ 5,900,000
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$ 5,900,000 Get more info
Lots and Land: MLS #A11564893
$ 5,900,000
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Lots and Land: MLS #A11564893

West Palm Beach, FL, 33415
$ 5,900,000
Baths0.0

Monthly Estimate*

$ 39,213

MLS #/Web ID: A11564893 - Image 1
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Studio

Lots and Land for sale in West Palm Beach, FL

for $5,900,000. The lot size is 5.67.

Pine Bay Apartments is a planned multifamily development on a 5.67 acre parcel located at 5490 Purdy Lane in West Palm Beach, Florida. It has an approved site plan from Palm Beach County for the construction of 86 apartment units (62 two bedroom/two bathroom units and 24 three bedroom/two bathroom units). All the three bedroom units will have balconies. The development proposes four different apartment types which will be luxurious in nature. There will be a total of six two-story buildings: five of which will have 16 units and one building with 6 units. There will be a 1,200 SF clubhouse. The three/two unit apartments will be 1,410 SF and the two/two unit apartments will be 1,070 SF. There are 199 parking spaces provided for this project.

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Lots and Land Active

Price

$ 5,900,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 17,656

Style

Lot Size

5.67

Town/City

West Palm Beach

County/Region

Palm Beach

MLS | Web ID

A11564893
Features
General
Sewer PublicSewer
Utilities ElectricityAvailable SewerAvailable WaterAvailable
Possession BeforeClosing
Tax Year 2023
County Palm Beach County
New Construction N
Property Type Land
HOA / Comm Assn N
Attached Garage N
Subdivision Name MODEL LAND CO
Garage Y/N N
Status Active
City West Palm Beach
Disclosures OwnerIsListingAgent
View Y/N N
Senior Community Y/N N
Zoning Description RM
MLS Area 5490
Lot Size Units SquareFeet
Lot Size Square Feet 243949.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Pine Bay Cir
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 17656.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Palm Beach 5330; 5340; 5350; 5360; 5550
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11564893
Days on Market 38
Standard Status Active
Legal Description 14-44-42 MODEL LAND CO SUB W 1/2 OF TR 21 LYG S OF & ADJ TO PURDY LN & E OF & ADJ TO E-3 CNL R/WS & W 1/2 OF TR 22 LYG E OF & ADJ TO E-3 C
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Exterior
Lot Features Item510Acres
Water Source Public
Lot Size Area 243949.0
Spa N
Lot Dimensions 20000x20000
Lot Size Acres 5.67
Covered Spaces 0.0
Road Frontage Type CountyRoad
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 5375
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* Excluded Features
List By
Beachfront Realty Inc

Broker

347-406-1677

Contact

Affordability Calculator

$40,685
Per Month
96%
4%
0%
Monthly Principal & Interest
$39,213
Monthly Property Taxes
$1,471
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/15/2024$5,900,000 -9.23% Price Down
4/7/2024$6,500,000 Listed Price

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