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    45Th St West Palm Beach, FL 33407

    For Sale
    $625,000

    Vacant Land, Townhome Development Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 54,768 square foot vacant land parcel presents a unique investment opportunity in the desirable Mangonia Park area of West Palm Beach, Florida. Located on 45th St, zip code 33407, this property is ideally situated for development, with significant potential for townhome construction. The asking price is $625,000. This sale includes not only the primary parcel but also three adjacent parcels, identified by their respective parcel numbers: 44-43-43-05-03-000-0950, 44-43-43-05-03-000-0930, and 44-43-43-05-03-000-0920. The combined acreage offers a substantial footprint for a significant development project. The property's prime location in West Palm Beach, within Palm Beach County, offers easy access to major roadways, amenities, and the vibrant city life. This is a rare chance to acquire a large, contiguous land holding in a highly sought-after area, perfect for an investor or developer looking to capitalize on the strong real estate market. The property is currently vacant, providing a clean slate for your vision. Detailed site plans and surveys are available upon request. Don't miss this opportunity to secure this exceptional development site.

    Property Features for 0 45Th St

    General Information

    Property type
    Specialty properties

    HighLights

    • $625,000 asking price.
    • Special purpose property.
    • Vacant land in Mangonia Park, Florida.
    • Potential townhome development site.
    • Includes adjacent parcels (44‑43‑43‑05‑03‑000‑0950, 44‑43‑43‑05‑03‑000‑0930, and 44‑43‑43‑05‑03‑000‑0920).
    • Total land area: 54,768 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    West Palm Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0934922
    Latitude
    26.7590022

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    FAQs

    What type of property is this?
    Specialty property - Vacant Land, Townhome Development Potential
    Where is this specialty property located?
    The property is located at 45Th St West Palm Beach, FL.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: $625,000 asking price.; Special purpose property.; Vacant land in Mangonia Park, Florida.
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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
    45Th St West Palm Beach, FL 33407
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