343 Royal Palm Rd Boca Raton, FL 33432-5025
- Commercial land
- 2,064 SF
- 0.17 lot acres
Mar 25, 2022
Current Use by Public Records
- Commercial land
Property Details for 343 Royal Palm Rd
- Year built
- 1950
- Lot size
- 0.17 lot acres
- Property size
- 2,064 SF
- Zone code
- DDRI
- Property type
- Commercial land
- APN
- 06-43-47-29-01-010-0180
- APU
- 6434729010100180
Description
This exceptional 7,377 sq ft lot in desirable downtown Boca Raton, Florida (343 E Royal Palm Rd, zip code 33432), presents a lucrative development opportunity. The property boasts fully approved site plans for the construction of four ultra-luxury residential units, each approximately 3,500 square feet. Detailed plans and renderings are available, showcasing a sophisticated design incorporating three bedrooms, three bathrooms, a den, private balconies, dedicated green space, and a shared roof deck offering stunning golf course views. The lot dimensions are approximately 51 feet by 142 feet, providing ample space for the planned development. Located in Palm Beach County, this property offers unparalleled access to Boca Raton's vibrant downtown area, its amenities, and its renowned lifestyle. The asking price for this exceptional development opportunity is $3,750,000. This is a rare chance to create a high-end residential project in a prime Boca Raton location. Don't miss this chance to capitalize on the strong demand for luxury residential properties in this sought-after area. Contact us today to learn more about this exciting investment prospect.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Boca Raton
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0807
- Latitude
- 26.3499
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
