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$18,000,000
48 Days On Site

5060 N Ocean Drive
Riviera Beach, FL 33404

For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1966
Built
Subdivision:
CONDADO INC
County:
Palm Beach
Call Now: 718-501-7122
Is this the home for you? We can help make it yours.
718-501-7122
5060 N Ocean Drive5060 N Ocean Drive5060 N Ocean Drive
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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.

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Listing Snapshot
Price 
$18,000,000
Days On Site 
48 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.11 Acres
Year Built 
1966
MLS® Number 
R11034811
Status 
Active
Property Tax 
$8,316
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
1.11
Listing Conditions 
12 Months
Property Sub Type 
Multi Family
Security 
Smoke Detector(s)
Utilities 
Electricity Available
Zoning 
RM-20(
Interior Features
Cooling 
Central Air
Flooring 
Tile
Heating 
Central
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Exterior Features
Construction Details 
Block
Lot Features 
Waterfront
Roof 
Other
Waterfront 
Yes
Waterfront Features 
Ocean Front
Community Features
Financing Terms Available 
Cash
MLS Area 
4110
Listing courtesy of FlatFee.com



All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2024 BeachesMLS, Inc. (a Flex MLS feed)
Last updated at: 2024-10-15 07:32 PM UTC

Neighborhood & Commute
Source: Walkscore
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