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1614 N Congress Avenue

West Palm Beach Homes

$10,000,000 USD

$10,000,000

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1614 N Congress Avenue

West Palm Beach Homes

$10,000,000

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Property Highlights

  • Status : Active
  • Subdivision : Congress
  • Days on Market : 251
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Admirals cove is one of Jupiter, Florida's finest private gated communities in Palm Beach Country and one of Florida's premier golf and yachting addresses.

Property Details

5 parcels to build 199 units. Owner has plans and permits to build and bids to build as well. Total land and construction cost will be at $45M and this deal is set at a 7.4 CAP Rate. Rental units are projected to be at $1.75PSF.

General Information
  • Acres: 6
  • Location: City, Other
  • Road: Other
  • Trees: Other
  • Front Faces: North
  • Lot Description: 5 to 10 Acres
  • Total Units in Building: 5
  • Zoning: Rm
  • Front Faces: North
  • Lot Description: 5 to 10 Acres
  • Total Units in Building: 5
  • Zoning: Rm
Boating and Water Information
  • Water Frontage: 600
  • Waterfront: Yes
  • Waterfront: Yes
Fees and Membership
  • Tax Amount: $7,130
  • Tax Year: 2020
  • Tax Year: 2020

Listing Courtesy of Beycome of Florida LLC.

West Palm Beach Homes Market Stats

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Jeff Lichtenstein's Echo Fine Properties

Echo Fine Properties

C 561-500-ECHO

O 561-500-ECHO

F 561-277-2500

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Jeff Lichtenstein's Echo Fine Properties

ECHO FINE PROPERTIES

C 561-500-3246

O 561-500-3246

F 561-277-2500

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