1073 Florence Rd Greenacres, FL 33467
This exceptional 6,738.73 square foot lot presents a unique investment opportunity in the thriving Greenacres, Florida area. Located at 1073 Florence Road, in Palm Beach County, zip code 33467, this property is zoned for both commercial and residential use, offering unparalleled flexibility for developers and investors. The land's prime location provides easy access to major roadways, including I-95 and US-1, ensuring convenient commuting and transportation. The area boasts a vibrant atmosphere with nearby beaches, shopping, dining, and entertainment options, making it an attractive location for residential or commercial development. Given the scarcity of available land east of I-95, this presents a rare chance to acquire a substantial parcel in a rapidly developing community. The property's versatility allows for a wide range of development possibilities, from single-family homes to multi-unit residential projects or commercial ventures. This is an exceptional opportunity to capitalize on the growth potential of this desirable location. The asking price is $199,000. Don't miss this chance to secure your place in a flourishing neighborhood.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.