Rare opportunity to own a large 5.84 Acre parcel of undeveloped land in West Palm Beach, Florida located just off Forest Hill Blvd and Congress Ave. Priced at $6,250,000 (approx. $1,070,205 an Acre). The Zoning classification is Residential Multi-family (RM). The property is designated with Medium-Density Residential land use which allows up to 10 du/acres, for a maximum of 58 residential dwelling units. The property is landlocked with a deeded undeveloped access easement off Lone Pine Way that must be completed for development. I-95 is only 1 mile away, Palm Beach International Airport and vibrant Downtown West Palm Beach less than 6 miles away. Just minutes from major grocery stores, Hospitals, top-rated golf courses, and more!
