5060 N Ocean Drive Riviera Beach, Florida 33404, United States
The Commercial for Sale located at 5060 N Ocean Drive Riviera Beach Florida 33404 with 13 bathrooms, ocean front is currently for Sale, 5060 N Ocean Drive Riviera Beach Florida 33404 is listed for $18,000,000. If the property located at 5060 N Ocean Drive Riviera Beach Florida 33404 isn't what you're looking for, search Florida Real Estate to see other Commercial for Sale in Riviera Beach .
MLS#: RX-11034811
$18,000,000 USD
- Total rooms
- 13
Property features
Key features
Construction details
- Year built
- 1966
Area
- Land/Lot size
- 48,352ft² (1.11ac)
- Bathrooms
- 13
- Total rooms
- 13
- Cooling system
- Central
- Heating system
- Central
Description
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.