Acquisition Parameters ¢ Available Parcels: The asset consists of two contiguous parcels: 2060 Ponce de Leon Ave and 2102 Ponce de Leon Ave, which combine to offer a total footprint of approximately 0.34 acres. Asking Price: Each individual 0.17-acre lot is listed at $5,000,000, bringing the combined land acquisition cost to $10,000,000 (equivalent to an aggressive premium of ~$29.4M per acre). ¢ Site Condition: The lots are vacant, cleared, and equipped with ready utility connections, elimina...Acquisition Parameters ¢ Available Parcels: The asset consists of two contiguous parcels: 2060 Ponce de Leon Ave and 2102 Ponce de Leon Ave, which combine to offer a total footprint of approximately 0.34 acres. Asking Price: Each individual 0.17-acre lot is listed at $5,000,000, bringing the combined land acquisition cost to $10,000,000 (equivalent to an aggressive premium of ~$29.4M per acre). ¢ Site Condition: The lots are vacant, cleared, and equipped with ready utility connections, eliminating heavy demolition timelines. ¢ Development Precedent: The city has approved an 80-unit, 202-foot-tall structure with height incentives on neighboring lots, signaling strong municipal support for density on these specific blocks. ¢ Location Context: The parcels sit behind the recently sold 1.6 acre parcel for 90Mil. placing this dirt in the absolute heart of the new Currie Corridor redevelopment zone and shattering all recent comps.
View MoreCourtesy of
Agency Name: JoAnn Gaieski
Agent Name: JoAnn Gaieski
Agency Phone: 561-215-6736
Presented by
Agent Name: Roni Sterin
Agent Phone: 305.942.7446
Agency Title: The Keyes Company
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2102 Ponce De Leon Ave , West Palm Beach, FL 33407.
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