7430 Belvedere RD

West Palm Beach,FL 33411

$ 4500000

- Bed

4 Baths

7887 SqFt


Key Details

Property Type Commercial

Sub Type MultiFamily (5+ Units)

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 7,887 sqft

Price per Sqft $570

Subdivision Palm Beach Farms Co 3

MLS Listing ID RX-11002384

Year Built 1965

Annual Tax Amount $1,397

Tax Year 2023

Lot Size 4.280 Acres

Property Description

This 4.28 acre property is currently being used for a religious institution (3 buildings at present). It sits on a hard corner with 650 feet of frontage facing Belvedere Road, and two turnpike locations in a one mile radius. Located on the corner of Belvedere road and Pike road, it is minutes from the Palm Beach International airport and downtown West Palm Beach. The current land use is religious (institutional) and zoned RM (RM equates to the current MF - Multiple Family Zoning District). The FLU (Future Land Use) designation and highest and best use is INDST (Industrial). With the current land use, Multi-Family homes could be developed on the property with necessary approvals.

Location

State FL

County Palm Beach

Area 5580

Zoning RM

Interior

Heating Central

Cooling Ceiling Fan,Central Building

Flooring Carpet,Tile

Fireplaces Type Smoke Detector

Exterior

Utilities Available Other

Waterfront Description Pond

Roof Type Other

Building

Story 100.00

Foundation Concrete

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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