Active
5060 N Ocean Drive
Riviera Beach FL, 33404
$18,000,000
Active
Commercial
Built in 1966
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.
R11034811
MLSⓇ ID
November 6, 2024
Listed
November 7, 2024
Updated
Map
5060 N Ocean Drive
Riviera Beach FL, 33404
Interior Features
Total Stories
3
Floor Description
Tile
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
1.11 Acres
Roof
Other
Other Property Details
Area Name
4110
Taxes
$8,316
Tax Frequency
Annually
Days on Market
1
Garage
No
View
No
County
Palm Beach
Pool
No
Waterfront
Yes
Listed by: FlatFee.com
Listing Contact:
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Data last updated 4:41 PM UTC, 11/7/2024