Multifamily Development Land
For Sale
$2,550,000
4415 Sunny Ln Ave, West Palm Beach, FL 33406
Three contiguous parcels totaling about 3.03 acres zoned RM for a 48-unit garden-style apartment development.
Property SizeContact for details
Lot Size3.03 Acres
Days on Market36
Property Features for 4415 Sunny Ln Ave
General Information
Standard status
Active
Lot size
3.03 Acres
Property subtype
Multi-Family
Zoning
RM
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
3.03-Acre Development Site Across Three Contiguous Parcels
RM Zoning Allowing Development Of 48 Garden-Style Apartment Units
Preliminary Site Plan Completed For 32 Two-Bedroom And 16 Three-Bedroom Units
Planned 12,596-Square-Foot Recreation Area
Listing Agency:
Fort Lauderdale Office
(954) 245-3494
Listed By:
River Rhoads · License #License(s): FL: SL3509795
(954) 245-3494
Source:
Marcusmillichap
Added: Jul 23
Changed: Aug 8
Last Checked: Jul 23 at 2:27AM
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 Fort Lauderdale Office
Investment Insights
Based on property information with market context.
The Sunny Lane Development Site offers multifamily development potential on three contiguous parcels totaling approximately 3.03 acres. The property is zoned RM (Residential Multifamily) and is being marketed as a site plan-ready opportunity to develop 48 garden-style apartment units.
A preliminary site plan has been completed, showing 32 two-bedroom/two-bath units of approximately 945 square feet each and 16 three-bedroom/two-bath units of approximately 1,116 square feet each. The plan also includes a 12,596-square-foot recreation area intended to support resident amenities.
The site provides convenient regional access via Southern Boulevard, Military Trail, and Florida’s Turnpike, with proximity to major employment and demand drivers including Palm Beach International Airport, Downtown West Palm Beach, The Palm Beach Outlets, and Wellington Regional Medical Center.
A preliminary site plan has been completed, showing 32 two-bedroom/two-bath units of approximately 945 square feet each and 16 three-bedroom/two-bath units of approximately 1,116 square feet each. The plan also includes a 12,596-square-foot recreation area intended to support resident amenities.
The site provides convenient regional access via Southern Boulevard, Military Trail, and Florida’s Turnpike, with proximity to major employment and demand drivers including Palm Beach International Airport, Downtown West Palm Beach, The Palm Beach Outlets, and Wellington Regional Medical Center.
Key Highlights
- 3 contiguous parcels totaling approximately 3.03 acres located off Sunny Lane Avenue in West Palm Beach, FL
- Zoned RM (Residential Multifamily) with plans to develop 48 garden‑style apartment units
- Preliminary site plan completed for 48 units total: 32 units 2BR/2BA at approx. 945 SF each and 16 units 3BR/2BA at approx. 1,116 SF each
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
690
Businesses Nearby
Explore this area
Business Placement
Demographics for 33406, FL
27,663
Population
9,426
Households
2.9
Avg Household Size
39
Median Age
24%
College-Educated
81%
High-School Grad
8.7 sq mi
ZIP Area
3,180
Density / Sq Mi
$79,696
Median Household Income
$37,453
Median Earnings
$1,677
Median Rent
$358,300
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Three contiguous parcels totaling about 3.03 acres zoned RM for a 48-unit garden-style apartment development.
Where is this residential land & home lot located?
The property is located at 4415 Sunny Ln Ave West Palm Beach, FL.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: 3 contiguous parcels totaling approximately 3.03 acres located off Sunny Lane Avenue in West Palm Beach, FL; Zoned RM (Residential Multifamily) with plans to develop 48 garden‑style apartment units; Preliminary site plan completed for 48 units total: 32 units 2BR/2BA at approx. 945 SF each and 16 units 3BR/2BA at approx. 1,116 SF each
