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Land For Sale • 0.53 AC
1340 Longwood St, West Palm Beach, FL 33401 is a multifamily development assemblage in the Mercer Park neighborhood consisting of four contiguous parcels totaling approximately 0.53 acres. The property is zoned MF14 and includes preliminary plans for a 12-unit multifamily development utilizing a workforce housing density bonus. The site is currently improved with three income-producing residential homes generating approximately $7,700 per month in rental income, providing interim cash flow while development plans are pursued. The location offers convenient access to Interstate 95, Palm Beach International Airport, Downtown West Palm Beach, The Square, and the city's waterfront district, placing the property near major employment, retail, and entertainment destinations.
| Multifamily Development Site |
| Four contiguous parcels located in the Mercer Park neighborhood of West Palm Beach, offering a rare infill development opportunity. |
| Currently improved with three income-producing homes generating approximately $7,700 in monthly rental revenue, providing interim cash flow |
| Located minutes from Downtown West Palm Beach, major employment centers, and lifestyle destinations including The Square and the waterfront. |
| Convenient access to I-95 and Palm Beach International Airport, ensuring connectivity to regional business and leisure hubs. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| West Palm Beach Amtrak Station (Floridian - Amtrak, Silver Meteor - Amtrak) | 3 min | - | 1.4 mi |
| West Palm Beach Station (Mangonia Park - Miami Airport - Tri-Rail, West Palm Beach - MiamiCentral - Tri-Rail) | 4 min | - | 1.7 mi |
| Airport | Drive | Walk | Distance |
| Palm Beach International | 7 min | - | 3.1 mi |
Joseph Katta
LoKation Real Estate - Pompano Beach