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2060 Ponce De Leon Ave West Palm Beach, FL 33407
7,492 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Bethesda Park
MLS Listing ID A12099083
HOA Y/N No
Annual Tax Amount $3,534
Tax Year 2025
Lot Size 7,492 Sqft
Acres 0.172
Property Sub-Type Residential
Property Description
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.
• 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.
Location
State FL
County Palm Beach
Community Bethesda Park
Area 5420
Zoning CMUD TYP
Exterior
Utilities Available Sewer Available
Private Pool Yes
Building
Faces West
Sewer Public Sewer
Water Public
Others
Tax ID 74434310190050080
Acceptable Financing Cash, Owner May Carry, Other
Listing Terms Cash, Owner May Carry, Other
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12099083
Listed by JoAnn Gaieski
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