Property Description
Colliers is pleased to present the opportunity to acquire the Condado Development Site, an oceanfront development opportunity. The Condado is an aging three story co-op built in 1966 comprising 13 units. The property features private beach access.The Condado Site is approximately 1.115 acres, with 138 feet of frontage on the Atlantic Ocean located on Singer Island, directly north of Palm Beach Island. This site offers developers the opportunity to build a boutique, ultra-luxury, beachfront residential project to capitalize on the influx of wealth to Palm Beach County. The inplace RM-20 zoning allows for a maximum density of 20 units per acre on the site, a FAR of 1.30, and a maximum height of 200feet.
Features
: Central
: Central Air
: Electricity Available
: Ocean Front
: Tile
Address Map
US
FL
Palm Beach
Riviera Beach
33404
Ocean Drive
5060
W81° 58' 2.7''
N26° 47' 60''
N
Go East on Blue Heron Blvd in Riviera Beach to N Ocean Dr.
4110
Additional Information
3
https://www.propertypanorama.com/5060-N-Ocean-Drive-Riviera-Beach-FL-33404/unbranded
https://www.propertypanorama.com/5060-N-Ocean-Drive-Riviera-Beach-FL-33404/unbranded
: Block
2024-11-06
Financial
8316.0
Listing Information
2024-11-06T00:00:00Z
20000102
800013
Cash
Active
2024-11-07T16:02:16Z
FTL
Commercial Sale For Sale
5060 N Ocean Drive, Riviera Beach, Florida 33404
1.11 Acre
$18,000,000
Listing ID #R11034811
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : R11034811
Price : $18,000,000
Year Built : 1966
Lot Area : 1.11 Acre
Status : Active
Property Sub Type : Multi Family
Roof : Other
Waterfront Yn : 1
Agent info
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