4941 Pineridge, West Palm Beach, Florida, United States, 33417

1,925,000
for Sale

About the property:

PRIME DEVELOPMENT OPPORTUNITY IN WEST PALM BEACH! Exceptional opportunity for developers, builders, and investors to acquire approximately 2.2 acres of developable vacant land in a desirable and growing West Palm Beach location. This expansive parcel offers tremendous potential for multifamily residential development, with reported approvals for a 36-unit apartment community, featuring 18 one-bedroom and 18 two-bedroom residences. Ideally positioned between I-95 and Florida's Turnpike, the property provides convenient access to Downtown West Palm Beach, Palm Beach International Airport, major employment centers, shopping, dining, and everyday amenities. The site offers high-density multifamily development potential, with additional possible uses including assisted living, rehabilitation facilities, and religious institutions, subject to applicable approvals and zoning requirements. Public water, sewer, and electric utilities are reported available. A rare opportunity to capitalize on South Florida's continued growth and demand for residential housing. Whether you're an experienced developer or an investor seeking your next project, this property offers location, flexibility, and significant development potential. Buyers are encouraged to conduct their own due diligence regarding zoning, development approvals, permitted uses, utilities, and building requirements. Bring your vision and make this exceptional investment opportunity a reality rendering is conceptual
Property Type:
Commercial Land
Status:
for Sale
Acres:
2.2
Heating Type:
0
Is Art:
Yes
Is Apartment:
Yes
Is Bed:
Yes
Is Building:
Yes
Is Investment:
Yes
Is Land:
Yes
Is Pub:
Yes
Is Unit:
Yes
Listing ID:
A12123024

Rooms

Dimensions

Brokered by:
Exp Realty Llc
Presented By: