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Colliers is pleased to present the opportunity to acquire the Condado Development Site, an oceanfront development opportunity. The Condado is an aging three story co-op built in 1966 comprising 13 units. The property features private beach access.The Condado Site is approximately 1.115 acres, with 138 feet of frontage on the Atlantic Ocean located on Singer Island, directly north of Palm Beach Island. This site offers developers the opportunity to build a boutique, ultra-luxury, beachfront residential project to capitalize on the influx of wealth to Palm Beach County. The inplace RM-20 zoning allows for a maximum density of 20 units per acre on the site, a FAR of 1.30, and a maximum height of 200feet.PROPERTY FEATURES
Total Units : 13
Utilities : Electric
Waterfront : Yes.
Waterfront Details : Oceanfront
Property Use : Income
Type of Building : Condo
Available Info : Photos
Zoning : RM-20(
Fire Protect : Smoke Detector
Heating System : Central
Cooling System : Central
Construction : CBS
Roof : Other
Flooring : Tile
PROPERTY DETAILS
Street Address: 5060 N Ocean Drive
City: Riviera Beach
State: Florida
Postal Code: 33404
County: Palm Beach
MLS Number: 11034811
Year Built: 1966
Courtesy of FlatFee.com
City: Riviera Beach
State: Florida
Postal Code: 33404
County: Palm Beach
MLS Number: 11034811
Year Built: 1966
Courtesy of FlatFee.com
Courtesy of FlatFee.com
