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31796583
31796581

839 South Congress Avenue, West Palm Beach, FL 33406

JS
Native Realty Co.
Listed by Native Realty Co.
$25,000,000
16 days on market
Updated 16 days ago

839 South Congress Avenue

Details
Property Type Land
Sub Type Commercial
Acreage 5.360
Zoning CR

839 South Congress Avenue, West Palm Beach, FL 33406

Marketing description

839 S Congress Avenue presents a rare large-scale redevelopment opportunity in Palm Springs, FL, positioned along the highly trafficked Congress Avenue corridor. Spanning approximately 5.36 acres, the site is currently improved with an income-producing shopping center and benefits from Commercial Renewal (CR) zoning, allowing for flexible repositioning.

A recently completed massing study supports the development of an 8-story mixed-use project totaling approximately 600 multifamily units, complemented by ground floor retail and structured parking. The proposed plan includes a well-balanced unit mix, modern amenity package with central courtyard and pool deck, and integrated parking structure totaling over 800 spaces.

With +-10,000 SF of retail frontage, strong visibility, and proximity to surrounding residential neighborhoods and regional employment centers, the property is ideally suited for a high-density multifamily redevelopment. Existing short-term leases provide interim income while preserving full flexibility for redevelopment, re-tenanting, or phased repositioning.

This offering represents a scalable infill development opportunity in a supply-constrained submarket, with the ability to deliver a transformative residential project in a rapidly evolving corridor.

Discover the vibrant surroundings of West Palm Beach, FL, embracing the energy of South Congress Avenue. Known for its mix of commercial, retail, and residential spaces, this area offers an enticing blend of dynamic opportunities for land and office investors. With proximity to noteworthy attractions such as the Palm Beach International Airport, the Palm Beach Zoo & Conservation Society, and the Kravis Center for the Performing Arts, the location presents an unparalleled setting for businesses to thrive and connect with the community. Embrace the allure of West Palm Beach as the ideal backdrop for your next investment venture.

Investment highlights

  • 5.36-acre redevelopment site adjacent to Trump International Golf Course
  • City-approved density for up to 600 multifamily units (high-level approval)
  • Existing shopping center providing short-term income
  • Leases structured with no renewal options, allowing redevelopment flexibility
  • Opportunity for multifamily, mixed-use, or re-tenanting strategy
  • Strong frontage along S Congress Avenue

Listing Contacts

JS
Native Realty Co.
Listed by Native Realty Co.

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