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Multifamily Development Assemblage

1340 Longwood Street West Palm Beach, FL 33401

1340 Longwood Street, West Palm Beach, FL, 33401
$2,195,000
For Sale
Claim this Listing
$2,195,000

COMMERCIAL - West Palm Beach, FL

Lot Size0.53 Acres
AddedJun 17
Days on Market29
Last RefreshJul 15 at 10:06 am

Property Features for 1340 Longwood Street

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
MF14 (city)
Vegetation
Grassed
Standard status
Active
APN
74434328130040051
Lot size
0.53 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
MERCER PARK REPL TH PT OF LOTS 5 & 6 LYG N & ELY OF I-95 R/W & LOT 7 BLK 4
Tax Annual Amount
6324

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Water source
Public

Listing agent Joseph Katta License #3458181

Listing office LoKation 1500 E Atlantic Blvd. The K. Co. Building, Pompano Beach, FL

Listing date Jun 17, 2026

MLS# B26042199 Listing URL

Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This offering includes four contiguous parcels sold together as a single multifamily development assemblage. The site is zoned MF14 and is currently improved with three income-producing houses. Collectively, the existing homes generate approximately $7,700 per month. Preliminary plans are available upon request for a 12-unit development that contemplates a workforce housing density bonus. Development feasibility details and the preliminary plans are provided as information for the buyer’s review, with the understanding that the buyer must confirm all development requirements.

The property is located in the Mercer Park neighborhood of West Palm Beach, Florida. Seller preference is to sell the parcels together, and the assemblage is intended to be evaluated as one combined development site.

For developers and investors, this assemblage offers an opportunity to start from an existing rental income base while pursuing a potential transition to a higher-density multifamily use consistent with the MF14 zoning designation. The buyer is responsible for verifying zoning classifications, allowable density, and overall development potential with the City of West Palm Beach prior to proceeding.

Key Highlights

  • Four contiguous parcels in the Mercer Park neighborhood of West Palm Beach, sold together as a single multifamily development assemblage
  • Zoned MF14 with preliminary plans for a 12‑unit development, including a workforce housing density bonus (buyer to verify with the City)
  • Site currently improved with three income‑producing houses generating approximately $7,700/month collectively

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Dental Office (Bike/Boat/Book/etc) Store Nail Salon Tanning Salon (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Acupuncture Nursing Home Bakery Nursing Home

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Single family property - Four contiguous parcels zoned MF14, with existing rental houses and preliminary plans for a 12-unit workforce density bonus project.
Where is this single family property located?
The property is located at 1340 Longwood Street West Palm Beach, FL.
What is the asking price?
The asking price for this property is $2,195,000.
What are key features of this property?
This property features: Four contiguous parcels in the Mercer Park neighborhood of West Palm Beach, sold together as a single multifamily development assemblage; Zoned MF14 with preliminary plans for a 12‑unit development, including a workforce housing density bonus (buyer to verify with the City); Site currently improved with three income‑producing houses generating approximately $7,700/month collectively
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