501 E Palmetto Park Rd

Boca Raton, FL, 33432

$8,000,000

$8,000,000
Active Under Contract
Active Under Contract
 - For Sale
property_type
Commercial
We are pleased to bring to market 501 E Palmetto Park Road. This one-of a kind vacant parcel of land sits at the epicenter of downtown Boca Raton, located less than one-half mile from the beach, one-half mile from Mizner Park, walking distance to Royal Palm Yacht Club, and under two miles from Florida Atlantic University. 501 E Palmetto Park Road is comprised of ± 0.656 acres of vacant land and has two separate zoning designations. The rear of property is zoned R1B, Residential. The front or property is zoned B1, Commercial. The property sits adjacent to the soon the be completed Wildflower Park which spans 2.3 acres and fronts the Intracoastal Waterway at Palmetto Park Road. 501 Palmetto Park Road offers a rare infill development opportunity in an established and mature market.
MLS® ID:
A11171641
Listed:
3/16/22
Updated:
3/21/23
Compass
The CBG Luxury Team
Mobile: (561) 677-0047Email: info@cbgluxuryteam.com

Exterior/Building Features

Lot Size
0.66 acres lot
Lot Details
City Location, Less Than 1 Acre
Sewer
None

Other Property Details

Area Name
Harris Add In
Taxes
$39681
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
Palm Beach County
Utilities
Other Utilities Available, Other
Water Source
Other
Pool
No
Zoning
B1 (city
Sub Agency Compensation
2%
Buyer Agency Compensation
2%
Transaction Broker Compensation
2%

Property History

Date
Event
Price
Value
11/21/22
Active Under Contract
-
-

Courtesy of Joshua Kaufman with Compass Florida, LLC
Listing Contact:  

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

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Data last updated 1:01 AM UTC, 3/21/23.

Compass
The CBG Luxury Team
Mobile: (561) 677-0047Email: info@cbgluxuryteam.com
Contact