Unlock the full potential of this rare and expansive 1-acre property located in the heart of the rapidly growing SoSo neighborhood along highly visible Dixie Highway. With 28 existing rooms across 4 income-generating structures totaling 10,883 SF under air, this property presents an exceptional opportunity to restore, redevelop, or reposition… Read More in one of West Palm Beach's most active commercial corridors.
Zoning: Neighborhood Commercial - offering flexibility for hospitality, mixed-use, or commercial redevelopment. Lot Size: Largest hospitality parcel in the south end at 1 acre. Room Count: 28 rooms currently, with potential for expansion up to 32. Structures: 4 buildings onsite - allowing phased redevelopment while maintaining revenue from existing units. Parking: 20+ marked spaces with ample room for guest use and future amenities. Future Growth Potential: If property left as-is, option for additional structure in northeast corner of the lot and ample space to add a pool or enhance amenities in multiple different areas on site.
Visibility: Over 21,500 AADT on Dixie Hwy. Strategic Positioning: Directly across from the Winn Dixie shopping center recently acquired, and adjacent to large-scale developments including Trader Joe's, national retailers, apartments, and grocers under construction. Connectivity: Only 5 minutes to Downtown West Palm Beach, I-95, and major regional attractions. Inquire within regarding local comparable sale, highlighting the value and upside potential of this offering.
This is a rare chance to own and reimagine a cornerstone property in a booming submarket. Whether you're seeking a boutique hotel, a branded hospitality concept, or a mixed-use redevelopment, the framework is already in place.
Come and explore the potential of this one-of-a-kind opportunity. Read Less
Courtesy of Signature Int'l Premier Properties 561-404-8850
Listing Snapshot
Days Online
223
Last Updated
Property Type
Single Family Residence
Beds
28
Full Baths
28
Square Ft.
10,883
Year Built
1955
MLS Number
R11116614
Additional Details
Appliances & Equipment
Electric Water Heater, Water Heater
Building
Built in 1955, Living area: 10883.0, Building faces West, 2 stories, Levels: Multi/Split, Entry location: Entry Level Living Area Y, Construction Materials: Block, CBS, Concrete
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