For Sale
$839,000

3818 Congress AvePalm Springs, FL 33461

High-traffic development site, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 20,390-square-foot commercial land parcel presents a remarkable development opportunity in Palm Springs, Florida. Located at 3818 S Congress Ave, this strategically positioned site boasts 160 linear feet of frontage on Congress Avenue, a major thoroughfare experiencing over 43,000 vehicles daily. The property benefits from a signalized intersection, providing excellent visibility and accessibility. With a depth of 131 feet, the lot offers ample space for a variety of commercial developments. The CG Commercial zoning allows for diverse uses, capitalizing on the area's robust retail environment. Major retailers such as Aldi, Publix, Walmart, and numerous others are located nearby, ensuring a strong customer base. The site's high-density location is further enhanced by its proximity to Palm Beach State College, Florida's fifth-largest college, with over 35,999 students just 0.5 miles away. Within a one-mile radius, the property is surrounded by a population exceeding 17,900 residents, and 6,814 households. The average household income within this radius surpasses $54,269, indicating strong purchasing power. This vacant lot is ready for immediate repositioning, presenting a unique chance to build upon the existing commercial success of the area. The asking price is $839,000, translating to $41 per square foot. This represents a compelling investment in a thriving Florida market.

Highlights

  • Vacant 20,390 SF lot ready for immediate development.
  • High-density location with over 17,900 residents within one mile.
  • 160' of frontage on Congress Avenue at a signalized intersection, with over 43,000 vehicles daily.
  • CG Commercial zoning.
  • Strong retail presence including Aldi, Publix, Walmart, and other major retailers.
  • 0.5 miles from Palm Beach State College, enrolling 35,999 students.

Property Details for 3818 Congress Ave

Property type
Land

Location Insight

City
Palm Springs
County
Palm Beach
State
Florida
Latitude
26.619563435337
Longitude
-80.088986584684
3818 Congress Ave, Palm Springs, Florida

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3818 Congress Ave
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