PRICED AT ONLY: $895,000
Address: 4562 &4588 Davis Road, Lake Worth, FL 33461
Description
Prime development opportunity. Rarely available 2 lot package deal. Approximately 1.5 acres in total. Spread out over 2 separate lots conveniently situated next to each other. Currently pending site plan approval. New condos, townhouses, apartment rental complex, single family homes, this property offers endless possibilities. Zoned RM HR MULTI FAMILY( UNINCORPORATED ). Possible Potential for 18 units plus. Centrally located only a few blocks away from busy Lake Worth Road & Melaleuca Lane. Easy access to both I 95 & FL Turnpike. A short distance to other new redevelopment, restaurants, shopping, downtown areas, beaches, hospitals, airports, schools and colleges. Perfect opportunity for any investor! Listing includes 2 parcels PCN # 00434430010720030 and PCN # 00434430010720041.
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- MLS#: RX-11024360 ( Quad Plex )
- Street Address: 4562 &4588 Davis Road
- Viewed: 7
- Price: $895,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1940
- Bldg sqft: 0
- Days On Market: 348
- Additional Information
- Geolocation: 26.6094 / -80.097
- County: PALM BEACH
- City: Lake Worth
- Zipcode: 33461
- Subdivision: Palm Beach Farms
- Provided by: Voro LLC
- Contact: Michael Petilli
- (877) 943-8676
- DMCA Notice
Features
Building and Construction
- Absolute Longitude: 80.097027
- Construction: CBS, Concrete
- Exterior Features: Covered Patio, Extra Building, Room for Pool
- Flooring: Tile
- Roof: Comp Shingle
- Sqft Source: Tax Rolls
- Sqft Total: 3644.00
- Total Number Of Units: 18
- Total Building Sqft: 3644.00
Property Information
- Property Condition: Resale
- Property Group Id: 19990816212116581394000000
Land Information
- Lot Description: 1 to < 2 Acres
- Lot Dimensions: approx. 1.5 acres
- Subdivision Information: None
Eco-Communities
- Private Pool: No
- Storm Protection: None
- Waterfront Details: None
Utilities
- Carport Spaces: 0.00
- Cooling: None
- Heating: Other
- Number Of Stories: 1.0
- Separate Elec Meters: Yes
- Separate Wtr Meters: Yes
- Utilities: Electric, Public Water
Finance and Tax Information
- Home Owners Association poa coa Monthly: 0.00
- Homeowners Assoc: None
- Income Expenses Annual Net Oper Inc: 0.00
- Income Expenses Annual Total Expense: 0.00
- Income Expenses Gross Operating Inc: 0.00
- Source Of Expenses: Proforma
- Tax Year: 2023
Rental Information
- Tenant Pays: None
Other Features
- Avail Info: Other
- Country: United States
- Housing For Older Persons Act: No Hopa
- Legal Desc: PALM BEACH FARMS CO PLAT 7 LT C BLK 72 & PL 7 LT D /LESS W 10 FT CO RD R/W, E 140 FT & S 10 FT OF E 167.9 FT OF W 177.9
- Parcel Id: 00434430010720030
- Possession: Funding
- Special Info: Handyman, Potential Tear Down, Sold As-Is, Survey
- Zoning: RM HR MULTI-FAM
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SELLER IS MOTIVATED and ready to contribute to buyer rate buydown and renovation costs!!
- Provided by Paradise Real Estate Intl
- Contact Esther Gershon Nagar
- (561) 203-6200
- Provided through
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Contact Info
- The Real Estate Professional You Deserve
- Mobile: 904.248.9848
- phoenixwade@gmail.com
