About This Property
Land in West Palm Beach
Acquisition Parameters • Available Parcels: The asset consists of two contiguous parcels: 2060 Ponce de Leon Ave and 2102 Ponce de Leon Ave, which combine to offer a total footprint of approximately 0.34 acres. Asking Price: Each individual 0.17-acre lot is listed at $5,000,000, bringing the combined land acquisition cost to $10,000,000 (equivalent to an aggressive premium of ~$29.4M per acre). • Site Condition: The lots are vacant, cleared, and equipped with ready utility connections, eliminating heavy demolition timelines. • Development Precedent: The city has approved an 80-unit, 202-foot-tall structure with height incentives on neighboring lots, signaling strong municipal support for density on these specific blocks. • Location Context: The parcels sit behind the recently sold 1.6 acre parcel for 90Mil. placing this dirt in the absolute heart of the new Currie Corridor redevelopment zone and shattering all recent comps.
Features & Amenities
Property Highlights
Sewer
- Public Sewer
Trees
- Partial Tree Coverage
Utilities
- Sewer Available
Possession
- Close Of Escrow
- Negotiable
Current Use
- Check Land Use Plan
- Residential
- Single Family
- Other
LotFeatures
- Sidewalks
- Cleared
- Curbs
- Street Lights
WaterSource
- Public
Lot Features
- Cleared
- Curbs
- Sidewalks
- Street Lights
Water Source
- Public
Listing Terms
- Cash
- Owner Will Carry
OtherStructures
- None
Other Structures
- None
Development Status
- Recorded Plat
Showing Requirements
- Call Listing Agent
- No Appointment
Specifications
Property Details
Location