5060 N Ocean Drive Riviera Beach, Florida
Listed By FlatFee.com
The Commercial Property for Sale located at Riviera Beach, Florida is currently for sale. Riviera Beach, Florida is listed for $18,000,000. This property has 13 bathrooms, ocean front features. If the property located at Riviera Beach, Florida isn't what you're looking for, visit https://www.lacasaperfecta.com to see other Commercial Properties for Sale in Riviera Beach .
Date Updated : Dec 12, 2024
MLS#: RX-11034811
$18,000,000 USD
- Total rooms13
Property features
Key features
- ocean front
Construction details
- Year built: 1966
Other features
- Cooling system: Central
- Heating system: Central
Area
- Land/Lot size: 4,492m² (1.11ac)
- Bathrooms: 13
- Total rooms: 13
Description
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.