Lantana Land for Sale - Palm Springs/Lake Worth
Nestled in the heart of Lantana, this prime waterfront land boasts direct access to the serene intercoastal waters. This exclusive property spans a generous 60×200 sq. ft., making it a coveted find in the bustling Lantana real estate market.
Property Highlights:
Generous Dimensions: The land is primed for development with approvals for 1,500 sq. ft. of enclosed space and an impressive 4,000 sq. ft. under the roof.
Ample Parking: With 50 dedicated parking spaces, this property promises convenience for potential businesses or ventures.
Boating Facilities: The lot comes with 2+ boat slips and unique rights to lease additional slips, catering to boating enthusiasts.
Ideal for Hospitality Ventures: The plot is perfectly suited for a quaint outdoor tiki hut paired with a sprawling patio, offering potential patrons breathtaking waterfront views.
This is a seldom-found chance to acquire waterfront restaurant space in Lantana. Whether you envision a cozy eatery, an upscale bistro, or a bustling café, this land serves as a blank canvas for your entrepreneurial dreams.
Asking Price: $2,100,000 - PRICE REDUCTION
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This possible restaurant development can project a 4,000-square-foot restaurant, composed of 1,500 square feet enclosed and 2,500 open-air. The additional space is the bathroom building, which was a specific requirement of the Moorings Master
Association. The bathroom buildings are not increasing the guest capacity of the restaurant; they will be
available for the marina, restaurant guests, residents, and visitors of the Moorings. Bathrooms will be
maintained, cleaned, opened, and closed daily by the restaurant management.
We have received all necessary approvals from the Condo Association, including creating a carve-out for the valet at the top near the fountain and using the green lot next to the fountain as a staging lot. The condo association cannot prevent any utilities, deliveries, or interfere with the business. Valet cut-out image provided We have the condo documents that provide for no disturbance from the condo association- essentially the condo association cannot impact the restaurant about smells, noise, or other normal business operations. The town of Lantana allows music until 11 p.m.
Boat slips: transient docks 1, 2, and 3 belong to this sale. Sellers also have the right to lease 4 other docks at 90% of market price. Transient Dock 1, 2, and 3 are big wins.... you could easily park over 20 boats for restaurant guests.
