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410 - 510 N Rosemary Avenue, West Palm Beach, FL 33401

$15,800,000
Property Type: Land & Docks Lot Size (sq. ft.): 49,106 Status: Closed
Current Price: $15,800,000 List Date: 3/09/2021 Last Modified: 12/24/2025

Description

**MOTIVATED SELLER** EXCELLENT INVESTMENT OPPORTUNITY TO BUY LAND WITH RESIDENTIAL AND COMMERCIAL ZONING. The lot consists of 7 parcels assembled totaling 2.5 acres, located one block from FEDERAL COURT, and a few blocks from the new BRIGHTLINE train station and CITY PLACE. This is the only land of this magnitude available in the area, not only because of the size of the lot but also because of the income that the location can generate. Zoning allows up to 8 stories high. Ideal to develop a residential/commercial or mixed-use. The front of the lot on Rosemary Avenue is 515 feet and the depth is up to 307, on the corner of 3rd street. Includes submitted architectural plans.

More Information MLS# A11010619

Contract Information

Comp Sale YN: No LP/Acre: 6600000 LP/Frontage: 32038.83 Listing Date: 2021-03-09 Status: Closed Original List Price: 16500000 Sold Price: $15,800,000 Current Price: $15,800,000

Location and Legal

County Or Parish: Palm Beach County Parish Name: Palm Beach City Name: West Palm Beach Municipal Code: 74 Postal Zip: 33401 Geographic Area: PB25 Subdivision Number: 6 Flood Zone: X Country: United States Street Number: 410 - 510 Street Direction Prefix: N Street Name: Rosemary Street Suffix: Avenue State Or Province: FL Postal Code: 33401 Subdivision Name: CLOWS ADD TO WPB Area: 5420 Parcel Number: 74434321060270061 Zoning: ICD-5 (c

General Property Information

Number Of Lots: 7 Lot Size Dimensions: 108783 Lot Depth: 307 Lot Frontage: 515 LP/SqFt: 336.01 Property Sub Type: Unimproved Land Lot Size Acres: 2.5 Lot Size Square Feet: 49106 Additional Parcels YN: 1 Additional Parcels Description: 3rd Parcel ID 74434321060270100, 2nd Parcel ID 74434321060270090

Office/Member Information

DXORIGMLSID: SEF

Status Change Information

Buyer Financing: Cash SP/Acre: 6320000 Major Change Timestamp: 2021-12-20T13:11:55Z Major Change Type: Status Change Status Change Date: 2021-12-21 Under Contract Date: 2021-11-04 Close Date: 2021-12-20 Close Price: 15800000

Comprehensive Plan Use

Suburban: 1

Current Use

Hotel/Motel: 1 Multi-Family: 1 Unimproved: 1

Environmental Audit

Phase 1: 1

Location of Property

Central Business District: 1 City Location: 1 Corner Unit: 1 Urban Area Development: 1

Possession

Negotiable: 1

Possible Use

Commercial: 1

Sewer

Public Sewer: 1

Special Information

City Jurisdiction: 1

Trees

None: 1

Utilities

Underground Utilities: 1 None: 1

Vegetation

Grassed: 1

Listing Terms

Cash: 1

Road Frontage Type

Easement: 1 Public Road: 1

Road Responsibility

Public Maintained Road: 1

Road Surface Type

Paved: 1

Water Source

Public: 1

Income and Expenses

Inc/Exp Statement Period: 0

Showing Requirements

Call Listing Agent: 1 Sign On Property: 1

Buyer Details

Intended Use: Investment Buyer State: Florida Zip Code: 33143

Concessions

Seller Concessions: No

Section Details

Parcel Number MLX: 0061

Acreage Description

1 To Less Than 2 Acre Lot: 1 2 To Less Than 3 Acre Lot: 1

Financial Information

Tax Year: 2019 Tax Annual Amount: 29943 Tax Legal Description: CLOWS ADD TO WPB W 11 FT OF LT 6, LTS 7 THRU 12 & W 11 FT OF LT 13 BLK 27 & S 1/2 OF 50 FT ABND PT OF 4TH ST LYG N OF & ADJ TO

Originating Details

Originating System Key: 356598406 Originating System ID: M00000151

Property Features

Comprehensive Plan Use: Suburban Current Use: Hotel/Motel; Multi-Family; Unimproved Environmental Audit: Phase 1 Location of Property: Central Business District; City Location; Corner Unit; Urban Area Development Possession: Negotiable Possible Use: Commercial Sewer: Public Sewer Special Information: City Jurisdiction Trees: None Utilities: Underground Utilities; None Vegetation: Grassed Listing Terms: Cash Road Frontage Type: Easement; Public Road Road Responsibility: Public Maintained Road Road Surface Type: Paved Water Source: Public Showing Requirements: Call Listing Agent; Sign On Property Acreage Description: 1 To Less Than 2 Acre Lot; 2 To Less Than 3 Acre Lot
Listing Office: Oceanside Realty & Investments, Inc.
Last Updated: December - 24 - 2025
410 - 510 N Rosemary Avenue, West Palm Beach, FL 33401- MLS# A11010619
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