Hard Corner Development Opportunity
200 Yacht Club Drive, North Palm Beach, Florida 33408
Commercial
Land
$1,650,000
1.4 Acres
Newly Priced to Fit Market Demand. Located on a signalized hard corner with 200± feet along U.S. Highway One, this 1.4± acre commercial parcel is ideally situated for a mixed-use/office/retail/multifamily development project. The property was previously approved (2006) for a mixed use project, known as Villa Porte. The project included 18, 3 & 4 story townhouses, 1,679± SF of office, and 1,617± SF of retail. Current zoning (C1A) permits the development of hotels/motels, multi-family*, restaurant (no drive-thru), office, medical, and more. The Village of North Palm Beach is currently undergoing a change to its Master Plan. To view all information about the Update to the Master Plan and Zoning in Progress for the Village's Commercial Corridor, please visit https://www.northpalmbeachlife.com/master-plan.html. Located directly across the street from the North Palm Beach Country Club which is undergoing extensive renovations which include, a new 37,000 square-foot clubhouse and restaurant that will open in late summer of 2019, new sod and seed for the golf course, plus renovations and upgrades to the driving range. For more information on the NPBCC, please visit http://www.village-npb.org/661/Country-Club. *Multiple-family dwelling structures as a component of a commercial planned unit development containing a commercial component including retail and non-retail commercial facing a primary street frontage with a depth to be determined by the village council. This 1.4± acre parcel is located on the southeast corner of U.S. Highway One and Yacht Club Drive, directly across from the entrance to North Palm Beach Country Club.
  •   Robert Hamman   •   robert.hamman@svn.com    •   (561) 340-0865    •   (561) 346-2310 
10-Unit Singer Island Multi-Family
206 Inlet Way, Palm Beach Shores, Florida 33404
Commercial
Multi-Family
$3,600,000
.43 Acres
New SVN Income-Producing Multifamily, Single-Family Guest Cottages, or Redevelopment Opportunity. 206 Inlet Way contains a total of ten units. Renovations are underway for units 2, 3 & 4. This multi-family property includes four studios, five one-bedroom units, one unit being on the second floor, and one two-bedroom unit. Situated on 0.43± acres with 75± feet of waterfront, this property includes a swimming pool, and gorgeous, unobstructed views of the Palm Beach Inlet, Atlantic Ocean, and the Island of Palm Beach. If desired, this property can be acquired with 150 & 200 Inlet Way for a total of 23-units spanning 1.34± acres along 225± feet of waterfront. Redevelopment options for the whole portfolio include an increase to a 40±-unit multifamily development project, or a 74±-unit hotel. Receive significant cash flow while proceeding with a redevelopment plan. Land use includes hotel or motel, single-family and multi-family residential. Located directly on the southern tip of Singer Island along the Palm Beach Inlet. Singer Island is a barrier island with deep water inlet and ocean access. There is world class fishing from several marinas, including Sailfish Marina and Cannonsport Marina. Close proximity to shopping, golf, dining, arts and entertainment.
  •   Robert Hamman   •   robert.hamman@svn.com    •   (561) 340-0865    •   (561) 346-2310 
7-Unit Singer Island Multi-Family
150 Inlet Way, Palm Beach Shores, Florida 33404
Commercial
Multi-Family
$3,500,000
.46 Acres
New SVN Income-Producing Multifamily, Single-Family Guest Cottages, or Redevelopment Opportunity. 150 Inlet Way contains a total of seven units. This multi-family property includes two buildings: the front building contains four studios, and the rear building contains three larger units, one unit being on the second floor. Situated on 0.46± acres with 75± feet of waterfront, this property includes a swimming pool, and gorgeous, unobstructed views of the Palm Beach Inlet, Atlantic Ocean, and the Island of Palm Beach. If desired, this property can be acquired with 200 & 206 Inlet Way for a total of 23-units spanning 1.34± acres along 225± feet of waterfront. Redevelopment options for the whole portfolio include an increase to a 40±-unit multifamily development project, or a 74±-unit hotel. Receive significant cash flow while proceeding with a redevelopment plan. Land use includes hotel or motel, single-family and multi-family residential. Located directly on the southern tip of Singer Island along the Palm Beach Inlet. Singer Island is a barrier island with deep water inlet and ocean access. There is world class fishing from several marinas, including Sailfish Marina and Cannonsport Marina. Close proximity to shopping, golf, dining, arts and entertainment.
  •   Robert Hamman   •   robert.hamman@svn.com    •   (561) 340-0865    •   (561) 346-2310