PRICED AT ONLY: $18,000,000
Address: 5060 Ocean Drive N, Riviera Beach, FL 33404
Description
Colliers is pleased to present the opportunity to acquire the Condado Development Site, an oceanfront development opportunity. The Condado is an aging three story co op built in 1966 comprising 13 units. The property features private beach access.The Condado Site is approximately 1.115 acres, with 138 feet of frontage on the Atlantic Ocean located on Singer Island, directly north of Palm Beach Island. This site offers developers the opportunity to build a boutique, ultra luxury, beachfront residential project to capitalize on the influx of wealth to Palm Beach County. The inplace RM 20 zoning allows for a maximum density of 20 units per acre on the site, a FAR of 1.30, and a maximum height of 200feet.
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- MLS#: RX-11034811 ( MultiFamily (5+ Units) )
- Street Address: 5060 Ocean Drive N
- Viewed: 35
- Price: $18,000,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1966
- Bldg sqft: 0
- Days On Market: 272
- Additional Information
- Geolocation: 26.8 / -80.0326
- County: PALM BEACH
- City: Riviera Beach
- Zipcode: 33404
- Subdivision: Condado Inc
- Provided by: FlatFee.com
- Contact: Cliff Glansen
- (954) 965-3990
- DMCA Notice
Features
Bedrooms / Bathrooms
- Num Toilets: 13
Building and Construction
- Absolute Longitude: 80.032583
- Construction: CBS
- Flooring: Tile
- Roof: Other
- Sqft Source: Tax Rolls
- Total Number Of Units: 13
- Type Of Building: Condo
Property Information
- Property Desc: inplace RM-20
- Property Group Id: 19990816212135227274000000
Eco-Communities
- Waterfront Details: Oceanfront
Utilities
- Air Conditioned: 100.00
- Cooling: Central
- Fire Protect: Smoke Detector
- Heating: Central
- Num Of Stories: 3.0
- Utilities: Electric
Finance and Tax Information
- Tax Year: 2023
Rental Information
- Tenant Pays: None
Other Features
- Avail Docs: None
- Avail Info: Photos
- Country: United States
- Legal Desc: CONDADO INC COMMON AREA A/K/A 22-42-43, TH PT OF N 135 FT OF S 2999.80FT OF GOV LT 1 LYG E OF SR 703 (LESS WLY 273 FT IN
- Parcel Id: 56434222270000000
- Possession: At Closing
- Sale Includes: Building and Land
- Use: Income
- Views: 35
- Zoning: RM-20(
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Contact Info
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