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4947 Pine Ridge Ln - Pine Ridge Gardens Lot • Terrain commercial • 2,22 Acres • 3 019 456 $ CAD • West Palm Beach, FL 33417

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Faits saillants de l'investissement
- Fully approved multifamily site allows for development of a 36-unit apartment community, reducing entitlement risk and accelerating time to market.
- Dense and growing surrounding population with strong household incomes and $3.3 billion in consumer spending underpins long-term demand.
- Alternative high-demand uses are supported, including assisted living, rehabilitation, and religious facilities, broadening investment options.
- Prime infill location between I-95 and Florida's Turnpike offers strong accessibility to Downtown West Palm Beach and Palm Beach Int'l Airport.
Résumé de l'annonce
Pine Ridge Gardens is a 2.22-acre commercial land offering at 4910 Pine Ridge Lane, fully approved for multifamily development. The site received approvals in Fall 2025 for a 36-unit apartment community consisting of 18 two-bedroom, two-bathroom units and 18 one-bedroom, one-bathroom units. The approved plans allow for 36,335 square feet of buildable area within a total of 95,832 square feet, presenting a well-scaled development opportunity positioned for long-term demand.
Showcasing a contemporary, well-balanced residential façade, the elevation plans feature clean rooflines, modern finishes, and a strong vertical rhythm. Large, evenly spaced windows create a symmetrical visual cadence while signaling bright, naturally lit interiors. The overall architectural approach delivers a polished look that aligns with current renter expectations, supporting strong marketability.
The property's zoning and approvals also allow flexibility beyond traditional multifamily use, with additional development options including assisted living or nursing facilities, rehabilitation centers, and religious establishments, broadening the appeal to various investors and developers seeking adaptable land in a high-demand corridor.
Positioned between Interstate 95 and Florida's Turnpike, the site offers exceptional connectivity to Downtown West Palm Beach and Palm Beach International Airport (PBI). On the edge of the Haverhill community, the surrounding area features a dense residential population supported by nearby amenities and services. Within a 5-mile radius, the population reached 305,190 in 2025, projected by CoStar to exceed 323,000 by 2030. Average household incomes of $90,170 support approximately $3.3 billion in consumer spending, reinforcing the area's status as a growing, sustainable market.
Showcasing a contemporary, well-balanced residential façade, the elevation plans feature clean rooflines, modern finishes, and a strong vertical rhythm. Large, evenly spaced windows create a symmetrical visual cadence while signaling bright, naturally lit interiors. The overall architectural approach delivers a polished look that aligns with current renter expectations, supporting strong marketability.
The property's zoning and approvals also allow flexibility beyond traditional multifamily use, with additional development options including assisted living or nursing facilities, rehabilitation centers, and religious establishments, broadening the appeal to various investors and developers seeking adaptable land in a high-demand corridor.
Positioned between Interstate 95 and Florida's Turnpike, the site offers exceptional connectivity to Downtown West Palm Beach and Palm Beach International Airport (PBI). On the edge of the Haverhill community, the surrounding area features a dense residential population supported by nearby amenities and services. Within a 5-mile radius, the population reached 305,190 in 2025, projected by CoStar to exceed 323,000 by 2030. Average household incomes of $90,170 support approximately $3.3 billion in consumer spending, reinforcing the area's status as a growing, sustainable market.
Faits sur la propriété
1 Lot disponible
Lot
| Prix | 3 019 456 $ CAD | Taille du lot | 2,22 AC |
| Prix par AC | 1 360 115,35 $ CAD |
| Prix | 3 019 456 $ CAD |
| Prix par AC | 1 360 115,35 $ CAD |
| Taille du lot | 2,22 AC |
2.2-acre vacant lot approved in the Fall 2025 for development of 36 apartment units, including 18 two-bedroom/two-bathroom units and 18 one-bedroom/one-bathroom units. Property features 36,335 SF of buildable space within a total of 95,832 SF.
1 1
Assez practicable à pied
50/100
Très facile d'accès en voiture
80/100
Transports en commun limités
30/100
Moyennement praticable en vélo
60/100
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 0 $ CAD | |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 1 631 839 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
1 631 839 $ CAD
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4947 Pine Ridge Ln - Pine Ridge Gardens
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