Multifamily Development
For Sale
$369,900
4583 Diekhans Rd, West Palm Beach, FL 33417
Vacant lot with multifamily zoning, development potential in high-demand area.
Property SizeContact for details
Lot Size0.30 Acres
Days on Market112
Property Features for 4583 Diekhans Rd
General Information
Standard status
Active
Lot size
0.30 Acres
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$7,115
Listing Agency:
(561) 373-0657
Listed By:
Taujhae Oladejo
(561) 373-0657
Source:
Elliman
Added: Apr 28
Changed: Aug 8
Last Checked: Jul 16 at 10:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Taujhae Oladejo
Investment Insights
Based on property information with market context.
This vacant lot presents a prime multifamily development opportunity, situated in a residential multifamily zoning district with a future land use designation of MR-5. The property's dimensions are approximately 89 feet by 148 feet, totaling an estimated 13,172 square feet, which provides a functional footprint for multifamily construction. The zoning currently allows up to two units by right. There is potential for increased density through the purchase of Transfer of Development Rights, although buyers should verify this with the municipality. The location is strategically positioned within walking distance of restaurants, schools, shopping centers, medical offices, and pharmacies, making it a desirable location. The property is somewhat bikeable with a bike score of 37 and car-dependent with a walk score of 27.
Key Highlights
- Prime Multifamily Development Opportunity: Zoned RM with MR‑5 Future Land Use.
- Significant Development Potential: Allows up to 2 units by right, with potential for increased density via TDR.
- Functional Lot Size: Approximately 89' x 148' (13,172± SF).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,872
Businesses Nearby
Explore this area
Business Placement
Demographics for 33417, FL
34,153
Population
20,450
Households
1.7
Avg Household Size
48
Median Age
26%
College-Educated
83%
High-School Grad
6.6 sq mi
ZIP Area
5,175
Density / Sq Mi
$50,077
Median Household Income
$35,036
Median Earnings
$1,533
Median Rent
$159,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant lot with multifamily zoning, development potential in high-demand area.
Where is this residential land & home lot located?
The property is located at 4583 Diekhans Rd West Palm Beach, FL.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: Prime Multifamily Development Opportunity: Zoned RM with MR‑5 Future Land Use.; Significant Development Potential: Allows up to 2 units by right, with potential for increased density via TDR.; Functional Lot Size: Approximately 89' x 148' (13,172± SF).
