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Informations principales sur l'investissement
- Positioned Between Major Growth Catalysts
- Transformational Redevelopment Opportunity
- Path to Expanded Development Footprint
- Located directly across from the planned $2 billion Rybovich Marina redevelopment and just south of GL Homes and Huizenga’s The Estates at NOMAR.
- Rare opportunity to acquire a strategically located infill redevelopment site in one of WPB’s fastest-growing neighborhoods
- The 0.76-acre site may offer the ability to incorporate Metcalf Court into a future development plan, creating an overall site area of ~1 ac.
Résumé analytique
On behalf of ownership, the Colliers | Rubin Schauer Investment Sales Team, as the exclusive agent, is pleased to present for sale 400 Metcalf Court, a rare infill redevelopment opportunity strategically positioned within one of West Palm Beach’s most rapidly evolving neighborhoods. Located directly across from the planned $2 billion redevelopment of Rybovich Marina and immediately south of a new 100-home residential community being developed by GL Homes and Huizenga, the property is uniquely positioned to benefit from the significant investment and transformation occurring throughout the surrounding area.
The 0.76-acre site offers substantial redevelopment potential, with a potential pathway to incorporate Metcalf Court into a future development plan, increasing the overall site area to approximately one acre. Currently zoned SF14-C2, the property may offer opportunities for increased density through rezoning or the utilization of Florida’s Live Local Act.
The property is currently improved with twelve multifamily buildings occupied by below-market, short-term leases, generating interim income while preserving flexibility for future redevelopment. The combination of existing cash flow, development optionality, and proximity to transformative residential and waterfront projects creates a compelling opportunity to acquire a strategically located land play in the path of West Palm Beach’s continued growth.
The 0.76-acre site offers substantial redevelopment potential, with a potential pathway to incorporate Metcalf Court into a future development plan, increasing the overall site area to approximately one acre. Currently zoned SF14-C2, the property may offer opportunities for increased density through rezoning or the utilization of Florida’s Live Local Act.
The property is currently improved with twelve multifamily buildings occupied by below-market, short-term leases, generating interim income while preserving flexibility for future redevelopment. The combination of existing cash flow, development optionality, and proximity to transformative residential and waterfront projects creates a compelling opportunity to acquire a strategically located land play in the path of West Palm Beach’s continued growth.
Informations sur l’immeuble
| Type de vente | Investissement | Surface du lot | 0,31 ha |
| Condition de vente | Projet de requalification | Surface de l’immeuble | 710 m² |
| Nb de lots | 14 | Occupation moyenne | 100% |
| Type de bien | Immeuble residentiel | Nb d’étages | 1 |
| Sous-type de bien | Appartement | Année de construction | 1949 |
| Style d’appartement | Avec jardin | Zone de développement économique [USA] |
Oui
|
| Classe d’immeuble | B | ||
| Zonage | SF-14 | ||
| Type de vente | Investissement |
| Condition de vente | Projet de requalification |
| Nb de lots | 14 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | Avec jardin |
| Classe d’immeuble | B |
| Surface du lot | 0,31 ha |
| Surface de l’immeuble | 710 m² |
| Occupation moyenne | 100% |
| Nb d’étages | 1 |
| Année de construction | 1949 |
| Zone de développement économique [USA] |
Oui |
| Zonage | SF-14 |
Lot informations sur la combinaison
| Description | Nb de lots | Moy. loyer/mois | m² |
|---|---|---|---|
| Studios | 14 | - | - |
1 1
Moyennement praticable à pied
60/100
Moyennement adapté aux voitures
70/100
Transports en commun limités
30/100
Plutôt praticable en vélo
50/100
Taxes foncières
| Numéro de parcelle | 74-43-43-09-02-000-0010 | Évaluation des aménagements | 0 € |
| Évaluation du terrain | 0 € | Évaluation totale | 783 458 € |
Taxes foncières
Numéro de parcelle
74-43-43-09-02-000-0010
Évaluation du terrain
0 €
Évaluation des aménagements
0 €
Évaluation totale
783 458 €
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400 Metcalf Ct
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