5060 Ocean Drive, Riviera Beach, FL 33404

Property Status: Active

0

BEDROOMS

0

BATHROOMS

$18,000,000

LISTING PRICE

SQUARE FOOT

Zoning: RM-20(   MLS #: RX-11034811
Subdivision: CONDADO INC

For More Information Call: 561-283-4663

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.

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Square Footage: ($0/sqft) Listing Price: $18,000,000
Bedrooms: 0 Bathrooms: 0 + 0 halfs
Exterior Features: Interior Features:
Pool: No Amenities:
Subdivision: CONDADO INC Property Type: Commercial / MultiFamily (5+ Unit
Waterfront: Oceanfront Home View: Yes
Parking: Address: 5060 Ocean Drive, Riviera Beach FL 33404
HOA: HOA Dues: $0.00/month
Construction: CBS Expenses: 0
Heating: Central County: Palm Beach
Cooling: Central Furnishings:
Flooring: Tile Garage:
Tax Amount: $0 (2023) Pets:
Utilities: Electric Equipment / Appliances:
Short Sale /
Bank Owned:
Home View:
Home Design: Dining Area:
Elem. School: Middle School:
High School: Virtual Tour: Yes