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Sale Listings $675,000  

PROPERTY OVERVIEW

Acreage. 0.3549 AC

PCN. 08-43-45-28-24-000-0120

Flood Zone. X

Traffic. ±19,700 VPD on S. Federal

Zoning. C-3, Community Commercial

Frontage.  ±127’ on S. Federal

Access. SE 10th Ave has left-in from S. Federal

Convenient Location.

– Central Palm Beach County, between Boca Raton and West Palm Beach

–  ±1/4 mile to Woolbright Rd; ±3/4 mile to Boynton Beach Blvd

– ±1 mile to I-95

Permitted Uses. retail, restaurant, health care, pharmacy, office, etc.

Building Regulations. 40% max lot coverage, max FAR 0.50; max height 45′

TRADE AREA & GROWTH

Woolbright + Federal. area’s  primary commercial intersection is 1/4 mile south.  Notable national retailers include Publix, Walgreens, Chipotle, Starbucks, McDonald’s, Panera Bread, PNC, Wells Fargo, TD and Bank of America.

New + Approved Mixed-Use Developments.

– Riverwalk Plaza redevelopment, ¼ mile south.  10-story apartment building + plaza renovation.

– 500 Ocean, ½ mile north.  Now open, the project includes 341 apartments.

– Legacy Boynton Beach, 1/2 mile north.  Approved for 274 dwelling units.

– Ocean One, 2/3 mile north.  Approved for 358 dwelling units.Taco Bell, McDonald’s, 7Eleven, Murphy USA, Les Schwab, and Walmart Neighborhood Market are now at this intersection.

TERMS

SUGGESTED PRICE*                       $675,000

DELIVERY                                          “As-Is”

BROKER PARTICIPATION               3.0%

OFFERS EVALUATED AS RECEIVED

 

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