1200 Surf RdWest Palm Beach, FL 33404

Property Details for 1200 Surf Rd

Year built

1953

Property size (Sq ft)

5,931 SF

Property type

Specialty properties

Property subtype

Other specialty properties

Description

This exceptional 5,931 square foot property at 1200 Surf Road, Singer Island, Florida, presents a compelling investment opportunity. Currently operating as a successful 12-bedroom, 6-bathroom sober home with a tenant in place, this unique complex offers significant income potential. Built in 1953, the property boasts a commercial kitchen and offices, all situated on a 0 square foot lot. Its prime location offers easy walking access to the beautiful beaches of Singer Island. The property's special Hotel/Multifamily zoning unlocks exciting development possibilities, allowing for future expansion or repurposing to capitalize on the high demand for accommodations in this desirable coastal area. The asking price is $2,800,000. This presents a rare chance to acquire a well-established business with substantial upside in a highly sought-after location. The property's existing infrastructure and zoning flexibility make it an ideal investment for both seasoned and emerging developers. The current tenant provides immediate cash flow while the zoning allows for a variety of future development options. Don't miss this chance to secure a piece of Singer Island's vibrant real estate market.

Location Insight

City

West Palm Beach

County

Palm Beach

State

Florida

Latitude

26.7884

Longitude

-80.0368

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