530 17Th StWest Palm Beach, FL 33407

This exceptional investment opportunity encompasses three warehouse buildings totaling 11,633 square feet situated on a substantial 39,795 square foot lot in West Palm Beach, Florida. The property, located at 530, 540, & 553 17th Street, zip code 33407, is zoned MF-14, offering significant redevelopment potential. Currently configured as three separate warehouse units, the buildings were constructed in 1952 and present a unique chance for adaptive reuse or complete redevelopment. The existing structures are classified as Class C industrial/commercial buildings. Given the property's location near the burgeoning Nora District and the city's robust real estate market, characterized by numerous planned and under-construction multifamily projects totaling nearly 7,000 units, this site presents a compelling opportunity for developers seeking to capitalize on West Palm Beach's dynamic growth. The potential for single-family, multifamily, or specific commercial uses exists, subject to the applicable zoning regulations. The asking price for this prime West Palm Beach property is $2,500,000. This is a rare chance to acquire a significant land parcel in a rapidly developing area.