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5387 80th Terrace S, Lake Worth, FL 33467

$3,200,000

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List Price: $3,200,000
Days on Market: 2
MLS#: A12114961
Lot Size: 217,800
Acres: 5
MLS Area Major: 5790

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Property Description

Rare ±5-acre parcel (about 217,800 SF) at 5387 80th Terrace S in unincorporated Palm Beach County, west of Lake Worth and near Florida's Turnpike. Zoned AR (Agricultural Residential) and marketed for about 25 units, subject to rezoning and approvals. The parcel has a 528 SF 1BR/1BA residence built in 1979 that allows interim use while entitlements are pursued. Features include three-phase power, irrigation, full fencing, canal views, and avocado and mango trees. Septic. Near Woodlands Middle School and Dr. Joaquin Garcia High School. Phase I environmental report, survey, title and drone video are available to qualified buyers. Suits homebuilders, build-to-rent and senior-housing developers. Buyer to verify all zoning, density, entitlements and utilities with Palm Beach County.

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Additional Information

Taxes: $6,698
Zoning: AR
Utilities: Electricity Available
Elementary School: Discovery Key
Middle School: Woodlands
High School: Dr. Joaquin Garcia