Listed by Keller Williams Realty - Welli, Keller Williams Realty - Wellington
$950,000
426 N 5th Street
Details
APN 40434434090010310
Property Type Land
Sub Type Commercial, Agricultural
Zoning R15
Land
Marketing description
OWNER FINANCING POSSIBILITIES MAKE THIS A PRIME DEVELOPMENT OPPORTUNITY, RARE COASTAL INVESTMENT IN THE HEART OF LANTANA. R15 ZONING PLUS NEAR THE BEACH. Exceptional mixed-use opportunity just under ¼ mile from the Atlantic Ocean and area beaches. This unique offering includes a single-family residence plus an adjacent vacant lot, delivering immediate usability with significant redevelopment upside. Zoned R15, allowing up to 12 units, this property is ideally positioned for multifamily development in a rapidly evolving coastal corridor. The site directly abuts commercial zoning, creating strong pathway for commercial or mixed-use conversion. Great flexibility for investors and developers. Opportunities with this level of density potential, location, and zoning flexibility are increasingly rare this close to the ocean.Both lots are 100x150 abutting commercial use on South side and East side. Research has been done and a professional consultant outline for variance process and assurance of commercial conversion, to allow maximum flexibility for planned use.
Listing Contacts
Listed by Keller Williams Realty - Welli, Keller Williams Realty - Wellington
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