5060 N Ocean Drive Riviera Beach FL 33404 MLS #RX-11034811

There are multiple listings for this address:
5060 N Ocean Drive
Riviera Beach, FL, 33404
$18,000,000
Beds
0 Baths
SqFt
1.11 Acres
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Colliers is pleased to present the opportunity to acquire the Condado Development Site, an oceanfront development opportunity. The Condado is an aging three story co-op built in 1966 comprising 13 units. The property features private beach access.The Condado Site is approximately 1.115 acres, with 138 feet of frontage on the Atlantic Ocean located on Singer Island, directly north of Palm Beach Island. This site offers developers the opportunity to build a boutique, ultra-luxury, beachfront residential project to capitalize on the influx of wealth to Palm Beach County. The inplace RM-20 zoning allows for a maximum density of 20 units per acre on the site, a FAR of 1.30, and a maximum height of 200feet.

Property Details

Price:
$18,000,000
MLS #:
RX-11034811
Status:
Active
Baths:
0
Address:
5060 N Ocean Drive
Type:
Commercial
Subtype:
MultiFamily (5+ Units)
Subdivision:
CONDADO INC
City:
Riviera Beach
Listed Date:
Nov 6, 2024
State:
FL
ZIP:
33404
Lot Size:
48,351 sqft / 1.11 acres (approx)
Year Built:
1966
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Cynthia Nalley

Cynthia Nalley

Managing Broker

Cell Phone 561 309-7770

Cynthia Nalley is Co-Broker of Acquire Palm Beach and manages the business operations in addition to real estate transactions. She is a Project Management Professional (PMP) who has created technology systems and managed complex projects for SunTrust, Citibank, JP Morgan Chase, and many more. Cynthia is a longtime Downtown West Palm Beach resident and advocate. She serves on the WPB Downtown Development Authority Board of Directors and is Vice President of the WPB Downtown Neighborhood Associa…

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Schools

Interior

Cooling
Central
Flooring
Tile
For Lease
No
Heating
Central

Exterior

% Air Conditioned
100.00
Construction
C B S
Roof
Other
Waterfront Details
Oceanfront

Financial

Utilities
Electric

Map

Community

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Listing courtesy of FlatFee.com, (954)–965–3990

© 2024 Beaches Multiple Listing Service BMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-12-22.
Rover IDX
5060 N Ocean Drive
Riviera Beach, FL
5060 N Ocean Drive
Riviera Beach, FL, 33404
$18,000,000
Beds
0 Baths
SqFt
1.3 Acres
Add
Colliers is pleased to present the opportunity to acquire the Condado Development Site, an oceanfront development opportunity. The Condado is an aging three story co-op built in 1966 comprising 13 units. The property features private beach access.The Condado Site is approximately 1.115 acres, with 138 feet of frontage on the Atlantic Ocean located on Singer Island, directly north of Palm Beach Island. This site offers developers the opportunity to build a boutique, ultra-luxury, beachfront residential project to capitalize on the influx of wealth to Palm Beach County. The inplace RM-20 zoning allows for a maximum density of 20 units per acre on the site, a FAR of 1.30, and a maximum height of 200feet.

Property Details

Price:
$18,000,000
MLS #:
RX-11038517
Status:
Active
Baths:
0
Address:
5060 N Ocean Drive
Type:
Land
Subtype:
MultiFamily (5+ Units)
Subdivision:
CONDADO INC
City:
Riviera Beach
Listed Date:
Nov 19, 2024
State:
FL
ZIP:
33404
Lot Size:
56,688 sqft / 1.30 acres (approx)
Year Built:
1966
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Michael Cuevas

Michael Cuevas

Broker Owner

Phone 561 578-2320

Michael has helped hundreds of people acquire and sell properties in Palm Beach County, Florida over the last 10+ years. He has surrounded himself with industry professionals that allow his clients to thrive in our ever-changing real estate landscape. After graduating from the University of Wisconsin, Michael migrated to South Florida in 2005 to join his family and escape the cold weather. He began his real estate career in Southwest Florida as a manager for a real estate developer in new home…

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Schools

Interior

Exterior

% Air Conditioned
100.00

Financial

L I S T_75
8316.00

Map

Community

Similar Listings Nearby