





Prime multifamily development opportunity - rm zoning | mr-5 future land use exceptional vacant lot located in the rm (residential multifamily) zoning district with an mr-5 future land use designation, offering strong development potential. The property measures approximately 89' x 148' (13,172± sf), providing a functional footprint for multifamily construction. Currently allows up to 2 units by right, with potential for increased density through the purchase of transfer of development rights (tdr) (buyer to verify with municipality). Ideal for builders or investors seeking to maximize yield in a high-demand rental market. Strategically positioned within walking distance to restaurants, schools, shopping centers, medical offices, and pharmacies -- a highly desirable location for future
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*Private Mortgage Insurance - included if downpayment is less than 20% of mortgage.
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| Name | Address | Type | # of Students | Grades | Distance |
|---|---|---|---|---|---|
| Renaissance Charter School At West Palm Beach | 1889 PALM BEACH LAKES BLVD | public | 1013 | KG - 8 | 1.34 mi |
| Hope-centennial Elementary School | 5298 STACY ST | public | 720 | PK - 5 | 1.38 mi |
| West Gate Elementary School | 1545 LOXAHATCHEE DR | public | 744 | PK - 5 | 1.56 mi |
| Ese Hospital Homebound Instructional Services | 1800 OSCEOLA DR | public | N/A | PK - 12 | 1.61 mi |
| Seminole Trails Elementary School | 4075 WILLOW POND RD | public | 650 | PK - 5 | 1.71 mi |
| Haverhill Baptist Day School | 671 N HAVERHILL RD | private | 22 | PK - 3 | 1.89 mi |
| Grassy Waters Elementary School | 3550 N JOG RD | public | 739 | PK - 5 | 1.94 mi |
| Wynnebrook Elementary School | 1167 DREXEL RD | public | 736 | PK - 5 | 1.98 mi |
| Connections Education Center Of The Palm Beaches | 1310 OLD CONGRESS AVE STE 100 | public | 86 | PK - 8 | 2 mi |
| Egret Lake Elementary School | 5115 47TH PL N | public | 569 | PK - 5 | 2.48 mi |
| Westward Elementary School | 1101 GOLF AVE | public | 500 | PK - 5 | 2.5 mi |
| Oakstone Academy Palm Beach Corporation | 345 S MILITARY TRL | private | 63 | PK - 12 | 2.84 mi |
| Melaleuca Elementary School | 5759 GUN CLUB RD | public | 537 | KG - 5 | 2.92 mi |
| Mountaineers School Of Autism Inc | 1340 KENWOOD RD | private | 52 | PK - 12 | 2.96 mi |
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