23-Unit Singer Island Multifamily Portfolio – 150-206 Inlet Way, Palm Beach Shores
New SVN Income-Producing Multifamily, Single-Family Guest Cottages, or Redevelopment Opportunity. Singer Island Portfolio of three separate multi-family parcels. Together, the properties contain a total of 23-units which span 225± feet along The Palm Beach Inlet. They can be acquired separately or together as the portfolio.
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. This property can be acquired individually for $3,500,000.
200 Inlet Way contains a total of six units. This multi-family property includes two one-bedroom units in the front, three studios in the middle, and one large unit at the rear of the property. This property can be acquired individually for $3,400,000.
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. This property can be acquired individually for $3,600,000.
Each parcel includes a swimming pool, and gorgeous, unobstructed view of the Palm Beach Inlet, Atlantic Ocean, and the Island of Palm Beach. The total building size for all three parcels is 17,864± SF. Current zoning permits 60,000± of build-able square feet across the three parcels.
Receive significant cash flow while proceeding with a redevelopment plan. Land use includes hotel or motel, single-family and multi-family residential. Redevelopment options include an increase to a 40±-unit multifamily development project, or a 74±-unit hotel.
30.49± Acre Industrial Parcel – Rock Road, Fort Pierce
For Sale or Lease – 30.49± acres of industrial land with 950± feet along I-95. There is a lake on the property, which encompasses 16± acres. Previously utilized for soil mining, the lake is in the process of being filled. Easy access to I-95 (Orange Ave, exit 131), which is located 1.5± miles from the property. Possible owner financing.
Lake Worth Freestanding Warehouse – 1011 8th Ave S, Lake Worth (PRICE REDUCED)
4,064± SF warehouse/office with seven 10′ x 10′ ground level doors, completely fenced, and three sliding gates for easy access. This freshly updated and painted building includes a 600± SF office with air conditioning, ceiling height of 12± feet, and a double-tee roof . There is a tenant currently occupying the building through January 31, 2020, with a monthly rent of $2,400. The tenant can either stay or vacate within 30 days after closing so the new owner/user can occupy the building.
Freestanding Retail/Industrial Building – 2901 SE Gran Park Way, Stuart
Freestanding retail/industrial building with over 215 feet of frontage on SE Federal Highway. Great opportunity for car/boat dealership or car/boat/RV/toy storage. This 16,653± SF building contains a large showroom, multiple sales offices, a large conference area, an employee break room, plus multiple restrooms. The rear of the building contains a large service area. There are a total of seven overhead doors which allows access from three sides of the building. There is a second floor mezzanine area for storage which encompasses 625± SF. Brand new 10-ton a/c unit just installed. The property is fully fenced on 2.4± acres. Permitted uses include auto repair, auto dealership, boat building (outdoors), boat storage, farm equipment and supplies sales.
Waterfront Income-Producing Opportunity – 24-26 N. Causeway Drive, Fort Pierce (PRICE REDUCED)
Newly Priced to Fit the Market! SVN has listed this Single Tenant, Income Producing, Spectacular Marina site located at the base of the N. Causeway Drive bridge, which connects the barrier island of North Hutchinson Island, to the City of Fort Pierce. This property is approved for a project known as Blue Harbour, which includes 145 condos and 42 deep water slips. The seawall was recently replaced, and the marina was dredged in 2012.
*Additional income-producing property is located on the southwest corner of the quadrant. 4 bay Commercial Building encompassing 2,408 sq feet. Zoned General Commercial for Office or Retail Use. This 0.35± acre property is offered for $350,000 by Coldwell Banker Commercial.
Waterfront Development Opportunity – 1330 SW Swallowtail Way, Palm City
35.89± acre waterfront parcel with over 1,200 feet along the Saint Lucie Canal with access to the Atlantic Ocean and Gulf of Mexico. Located across the water from American Custom Yachts, and situated between I-95 and Florida’s Turnpike, the options for development include marina/boatyard, marine related manufacturing, business or professional office, hotel/motel , commercial amusement, RV park, restaurant, retail and more. The previously approved project included 27 wet slips up to 150′, plus over 3,000 linear feet of dockage.
Waterfront Office/Retail Development – 200 S. Indian River Drive, Fort Pierce (PRICE REDUCED)
Newly Priced to Fit the Market! Waterfront parcel with 200± feet along the Indian River. Permitted uses include office, retail, medical, restaurant, and mixed-use. Renaissance on the River, a mixed-use building with luxury residences and eclectic businesses, is located across the street. Stores include as a day spa, gelato shop, bakery and more.
To view the 360° panoramic view, please click HERE
Hard Corner Retail/Office Development Opportunity – 200 Yacht Club Dr, North Palm Beach
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.
18± Acre Commercial Development Opportunity – Bridge Road & SE Federal Highway, Hobe Sound
Located with 1,116.65± feet along SE Federal Highway (U.S. 1), this is the last major hard corner for development in Hobe Sound. This 18± acre site is a great location for a retail development or an assisted living facility. The residential community, Banner Lake, is located directly to the west, and the prestigious private school, The Pine School, is located to the south.
Office/Retail Development Opportunity – SE Federal Hwy, Hobe Sound
This property has 100 feet of direct frontage on SE Federal Highway in Hobe Sound. It is located north of the Medalist Golf Club on the west side of SE Federal Highway. Very liberal land zoning with permitted uses such as office, retail, restaurant (excluding drive thru), multi-family, apartments, hotel/motel, daycare or church. Zoning will permit 7 townhouses on this parcel. This property is conveniently located with multiple golf communities within a couple miles, including Hobe Sound Golf Club, Heritage Ridge, Lost Lake, Mariner Sands, and Loblolly Pines.