Active

$499,999

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFRTB8482674
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
Remarks
*Prime Commercial Development Opportunity* Positioned along the highly traveled Lantana Road corridor in Palm Beach County, this exceptional 0.67 acre commercial parcel presents a rare opportunity for investors, developers, and owner-users seeking high-visibility commercial land in a rapidly growing market. The property is zoned Community Commercial (CC) with a Future Land Use designation of CL/2, allowing for a wide range of neighborhood-serving commercial uses and limited residential density potential. The parcel offers approximately 29,178 square feet of land area with substantial depth and frontage along one of the area’s key east–west thoroughfares, benefiting from consistent traffic flow and strong surrounding demographics. The Community Commercial zoning supports numerous permitted uses including professional offices, medical or dental clinics, retail establishments, personal services, daycare facilities, and small neighborhood commercial centers, making this site highly adaptable for various development strategies. Based on typical development standards, the site may support approximately 6,000–10,000 square feet of commercial building area, subject to final site planning, parking requirements, and county approvals. Its depth and layout provide flexibility for parking, drive aisles, and landscaping buffers while still maintaining excellent street presence. Surrounded by established residential communities, schools, and local businesses, the location provides a built-in customer base and strong long-term demand for neighborhood commercial services. With continued growth throughout western Lake Worth and Palm Beach County, properties with this combination of size, zoning, and strategic location are becoming increasingly scarce. Surrounding amenities, quality schools, and Lake Worth's (Wellington's) renowned equestrian lifestyle further enhance the location's long-term investment appeal. Whether for retail development, professional office use, or a small commercial plaza, this parcel represents a compelling investment opportunity in a thriving South Florida market. Boundary survey available. No assignable contracts.
Financial Considerations
Price:
$499,999
HOA Fee:
N/A
Tax Amount:
$5390
Price per SqFt:
$17.14
Tax Legal Description:
PALM BEACH FARMS CO PL 13 N 340 FT OF LT 4 TR 41 (LESS W 818.59 FT, PB128P58 & N 55 FT LANTANA RD R/W)
Exterior Features
Lot Size:
29178
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
N/A
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
N/A
Style:
N/A
Year Built:
N/A
Construction Type:
N/A
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    8826 LANTANA RD
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