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5383 Wallis Rd
West Palm Beach, FL 33415

Wallis Road Land Development · Land For Sale · 12.92 AC

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Investment Highlights

Six properties totaling 12.92 acres of redevelopment land

Executive Summary

Six properties totaling 12.92 acres of redevelopment land. Zoning is RM: Multi-Family Medium Density in Unincorporated Palm Beach County. Multi-Family or CLF/AFL/Rehab Facility uses allowed. MF could allow for up to 22 units per acre (284 units) and CLF/AFL/Rehab zoning currently allows for one bed per 1,000 square feet of land (563 beds). Opportunity to add two additional contiguous parcels for a total of 14.15 acres (00-42-43-35-02-004-0010 and 00-42-43-35-02-004-0180) and increase the Wallis Road frontage to approx. 425'.

PROPERTY FACTS Under Contract

Sale Type	Investment or Owner User	Property Subtype	Residential
No. Lots	1	Total Lot Size	12.92 AC
Property Type	Land

Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Residential
Total Lot Size	12.92 AC

1 Lot Available

Lot

Lot Size	12.92 AC

Lot Size	12.92 AC

12.92 acres of redevelopment land with a possible increase to 14.15 acres for additional density. Multi-Family or CLF/AFL/Rehab Facility uses allowed as outlined in the "Sale Notes" and "Property Information" sections.

PROPERTY TAXES

Parcel Numbers	Multiple 00-42-43-35-02-004-0180 00-42-43-35-02-005-0030 00-42-43-35-02-006-0010 00-42-43-35-02-006-0070	Improvements Assessment	$0 CAD
Land Assessment	$3,187,015 CAD	Total Assessment	$540,419 CAD

PROPERTY TAXES

Parcel Numbers

Multiple

00-42-43-35-02-004-0180
00-42-43-35-02-005-0030
00-42-43-35-02-006-0010
00-42-43-35-02-006-0070

Land Assessment

$3,187,015 CAD

Improvements Assessment

$0 CAD

Total Assessment

$540,419 CAD

zoning

Zoning Code	MF (Multiple Family)
MF (Multiple Family)

Listing ID: 25673616
Date on Market: 2022-05-10
Last Updated:
Address: 5383 Wallis Rd, West Palm Beach, FL 33415

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