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826 Sunset Dr - Zoned for single family lots Lake Worth Beach 4.02 Acres of Residential Land Offered at $5,641,804 CAD in Lake Worth, FL 33461



Investment Highlights
- zoning approval in place for single family lots
- close to major roadways, including I-95
- central palm beach county location near shopping, the beaches, restaurants
Executive Summary
The SFR Zoning has been approved for Sunset Drive, Town of Lake Worth Beach, Palm Beach County. Here are the parameters for the SFR zoning:
- Allows for up to 7 units per acre but with these minimum parameters:
Minimum Lot Area 5000 Square Feet
Minimum Lot Width 50 Feet
Maximum Height 30 Feet
Minimum Setbacks
Front 20 Feet
Rear 15 Feet
Side 5 Feet
Minimum Living Area 800 Square Feet
- Allows for up to 7 units per acre but with these minimum parameters:
Minimum Lot Area 5000 Square Feet
Minimum Lot Width 50 Feet
Maximum Height 30 Feet
Minimum Setbacks
Front 20 Feet
Rear 15 Feet
Side 5 Feet
Minimum Living Area 800 Square Feet
Property Facts
| Price | $5,641,804 CAD | Property Subtype | Residential |
| Sale Type | Investment or Owner User | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 4.02 AC |
| Property Type | Land | No. Stories | 2 |
| Zoning | SFR - - Allows for up to 7 units per acre but with Minimum Lot Area of 5000 Square Feet | ||
| Price | $5,641,804 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 4.02 AC |
| No. Stories | 2 |
| Zoning | SFR - - Allows for up to 7 units per acre but with Minimum Lot Area of 5000 Square Feet |
1 Lot Available
Lot
| Price | $5,641,804 CAD | Lot Size | 4.02 AC |
| Price Per AC | $1,404,482.03 CAD |
| Price | $5,641,804 CAD |
| Price Per AC | $1,404,482.03 CAD |
| Lot Size | 4.02 AC |
4.02 ACRES
Description
There is no site plan approval in place, however, the buyer will have a clean plate to work with and as long as the buyer follows the above LDR parameters of the SFR Zoning, they will not have to go back to Planning and Zoning or to the City Commission for any public hearings. The Seller is asking $4,120,000 with a 90 day due diligence and then 30 days to close, sold "As Is" with the SFR zoning that is in place and no other contingencies
1 1
Property Taxes
| Parcel Number | 38-43-44-29-01-004-0240 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $831,334 CAD |
Property Taxes
Parcel Number
38-43-44-29-01-004-0240
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$831,334 CAD
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Presented by
Douglas James Kirlan PA
826 Sunset Dr - Zoned for single family lots Lake Worth Beach
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