Address: 5060 Ocean Drive N, Riviera Beach, FL 33404
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.
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
Bedrooms / Bathrooms
Num Toilets: 13
Building and Construction
Absolute Longitude: 80.032583
Construction: CBS
Flooring: Tile
Roof: Other
Sqft Source: Tax Rolls
Total Number Of Units: 13
Type Of Building: Condo
Property Information
Property Desc: inplace RM-20
Property Group Id: 19990816212135227274000000
Eco-Communities
Waterfront Details: Oceanfront
Utilities
Air Conditioned: 100.00
Cooling: Central
Fire Protect: Smoke Detector
Heating: Central
Num Of Stories: 3.0
Utilities: Electric
Finance and Tax Information
Tax Year: 2023
Rental Information
Tenant Pays: None
Other Features
Avail Docs: None
Avail Info: Photos
Country: United States
Legal Desc: CONDADO INC COMMON AREA A/K/A 22-42-43, TH PT OF N 135 FT OF S 2999.80FT OF GOV LT 1 LYG E OF SR 703 (LESS WLY 273 FT IN
New Listings & Price Reduction Updates sent directly to your email
Create Your Own Property Search saved for your return visit.
"Like" Listings and Create a Favorites List
* NOTICE: By creating your free profile, you authorize us to send you periodic emails about new listings that match your saved searches and related real estate information.If you provide your telephone number, you are giving us permission to call you in response to this request, even if this phone number is in the State and/or National Do Not Call Registry.
