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    109 W 14Th St West Palm Beach, FL 33404

    For Sale
    $1,080,000

    Shovel-ready, site plan approved, 8-unit multifamily development opportunity.

    Lot size:
    0.41 Acres

    Property Features for 109 W 14Th St

    General Information

    Lot size
    0.41 Acres

    Source: Touchstone-Webb Realty Co. Agent Arron Thomas

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Riviera Beach Multifamily Development Opportunity

    This is a shovel-ready multifamily development opportunity located in the thriving redevelopment zone of Riviera Beach. The three-parcel assemblage is fully entitled and comes with a permit submittal ready construction package. The project consists of a two-story, 8-unit building featuring modern layouts and a mix of unit types. There are 8 units in total: 4 three-bedroom, two-bath units and 4 two-bedroom, two-bath units. The estimated total rentable area is approximately 9,600 square feet. The property includes 11 off-street parking spaces. The unit mix is aligned with rental market demand.
    Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    West Palm Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.056989
    Latitude
    26.7743611

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    FAQs

    What type of property is this?
    Apartment building - Shovel-ready, site plan approved, 8-unit multifamily development opportunity.
    Where is this apartment building located?
    The property is located at 109 W 14Th St West Palm Beach, FL.
    What is the asking price?
    The asking price for this property is $1,080,000.
    What are key features of this property?
    This property features: - Shovel-ready multifamily development opportunity in Riviera Beach.; - Site plan approved with permit submittal ready construction package.; - Fully entitled three-parcel assemblage.
    (561) 801-1049
    Request Owner's contact information
    109 W 14Th St West Palm Beach, FL 33404
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    109 W 14Th St West Palm Beach, FL 33404
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