Property profile

13401 Northlake Blvd West Palm Beach, FL 33412

FOR SALE
Land
Property ID
US18-5528506
8.21 ac lot
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Property summary

AI-generated overview

This exceptional 8.21-acre property in West Palm Beach, Florida, presents a unique land development opportunity. Located at 13401 Northlake Blvd, (APN 52-41-42-16-00-000-5020), this fee simple land boasts a prime location directly adjacent to the expansive 4,800-acre Avenir development. Currently zoned AR (Agricultural Residential), the property offers significant potential for rezoning to accommodate multi-family residential or commercial projects. The site benefits from a right-of-way easement to Northlake Blvd, ensuring convenient access. While a portion of the land includes wetlands, the majority is situated outside the flood zone (Zone X), as confirmed by available data. Prospective buyers are encouraged to conduct their own due diligence to fully assess the property's development potential and environmental considerations. The asking price for this remarkable development opportunity is $3,940,000. This represents a compelling investment in a rapidly growing area of West Palm Beach, offering substantial returns for the right developer. The property's strategic location and size make it an ideal candidate for a variety of projects, catering to the increasing demand for residential and commercial spaces in this thriving market. Detailed surveys and environmental reports are available upon request.

Property profile

Verified
Property type Land
Lot 8.21 ac (357,628 SF)
UPID US18-5528506

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

13401 Northlake Blvd West Palm Beach, FL 33412
West Palm Beach metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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