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Corner Lot Homebuilding Opportunity

6301 Lake Avenue, West Palm Beach, FL 33405

For Sale
$675,000

Single corner parcel planned for division into two buildable home sites on Lake Avenue.

Property Size6,750 SF
Price / SF$100
Days on Market280

Property Features for 6301 Lake Avenue

General Information

Standard status Active
Size 6,750 SF
Property subtype Land & Docks / Unimproved Land

Site & Location

Neighborhood Dreher Park Neighborhood Association
Road Access Yes

Taxes and HOA fees

Annual Taxes $4,034

Amenities

No
Paved
Listing Agency: Kiely Real Estate, LLC
Listed By: Jefferson Kiely · License FL #3086857
Source: Compass
Added: Feb 6 Changed: Oct 28 Last Checked: Nov 10 at 10:19AM

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 Kiely Real Estate, LLC

Rey
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Investment Insights

Based on property information with market context.

This listing offers a single, corner parcel at Lake Avenue and Nathan Hale Road with an existing structure slated for demo and property division. The concept is to create two adjacent buildable parcels designed for side-by-side new homes, with each lot proposed at approximately 67.5' x 100'. The plan contemplates 6301 Lake Avenue as the current address for the property through the division process, with a proposed address for the north side lot once split.

The site is positioned in the south end of West Palm Beach within an established neighborhood. Area context includes proximity to The Park Golf Center, the Cox Science Center, and the Palm Beach Zoo. The waterfront promenade along Flagler Drive is described as less than a mile away, and the listing also references nearby dining and retail options along South Dixie Highway.

For builders and developers, the property presents a straightforward pathway to develop two homes where one larger parcel exists today. As presented, each of the two resulting lots is intended to support construction of a new single-family home, making the offering suitable for an operator looking to pursue a two-home side-by-side residential development plan in the Dreher Park area.

Key Highlights

  • Single corner parcel at Lake Avenue and Nathan Hale Road in the south end of West Palm Beach
  • Planned division into two buildable home sites, approximately 67.5' x 100' each
  • Currently one large parcel; plan is to demo the existing structure and divide into two lots

Property Analytics

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Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Grocery & Convenience Store Locksmith Storage Facility Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

971
Businesses Nearby

Demographics for 33405, FL

19,369
Population
9,557
Households
2
Avg Household Size
41
Median Age
34%
College-Educated
82%
High-School Grad
4.5 sq mi
ZIP Area
4,304
Density / Sq Mi
$82,945
Median Household Income
$46,450
Median Earnings
$1,432
Median Rent
$401,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Single corner parcel planned for division into two buildable home sites on Lake Avenue.
Where is this residential land & home lot located?
The property is located at 6301 Lake Avenue West Palm Beach, FL.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Single corner parcel at Lake Avenue and Nathan Hale Road in the south end of West Palm Beach; Planned division into two buildable home sites, approximately 67.5' x 100' each; Currently one large parcel; plan is to demo the existing structure and divide into two lots
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