FOR SALE 310 N DIXIE HWY, LAKE WORTH, FL 33460...August 16, 2018 FOR SALE BELLA TERRA AT LAKE WORTH...
Transcript of FOR SALE 310 N DIXIE HWY, LAKE WORTH, FL 33460...August 16, 2018 FOR SALE BELLA TERRA AT LAKE WORTH...
August 16, 2018
FOR SALEBELLA TERRA AT LAKE WORTH
310 N DIXIE HWY, LAKE WORTH, FL 33460
PRESENTED BY:Matthew Rotolante, CCIM, SIOR Mark King305.235.1500 x1006 305.235.1500 [email protected] [email protected]
7925 NW 12th Street, Suite 301 Miami, FL 33126 305.235.1500 lee-associates.com
7925 NW 12th Street, Suite 301 Miami, FL 33126 305.235.1500 lee-associates.com
OFFERING SUMMARY
SALE PRICE: $1,495,000
LOT SIZE: 1.26 Acres
MARKET: Palm Beach County
SUBMARKET: Lake Worth
PRICE / SF: $27.24
Bella Terra at Lake Worth is a 36 unit proposed multifamily or condominium development on 1.26 acres. The propertysits immediately adjacent to an existing 13 unit townhome community and has approved site plans and site permit inplace to complete a new 36 unit condo and townhome complex on the remaining undeveloped land. Located onthe hard corner of US-1 N Dixie Hwy and N 3rd Ave, the complex is directly across the street from a Publix supermarket,only 2 blocks from Lake Worths vibrant retail corridors along Lucerne Ave and Lake Ave, just a 5 minute drive fromLake Worth Beach, and has easy access to public transportation along US-1.
PROPERTY OVERVIEW
PROPERTY HIGHLIGHTS
• Bella Terra at Lake Worth Proposed Multifamily or Condo Sale Development
• 1.26 Acres on Hard Corner of US-1 N Dixie Hwy and N 3rd Ave
• Approved Site Plan and Site Permit in place for 36 units
• Steps from Publix Supermarket and only 2 Blocks from Vibrant Retail on Lake Ave and Lucerne Ave
• Only a 5 Minute Drive to Lake Worth Beach
• Convenient Access to Public Transportation with Bus Routes on US-1
• Owner willing to JV or contract build project for an investor
BELLA TERRA AT LAKE WORTH310 N Dixie Hwy, Lake Worth, FL 33460
PROPERTY SUMMARY
7925 NW 12th Street, Suite 301 Miami, FL 33126 305.235.1500 lee-associates.com
BELLA TERRA AT LAKE WORTH310 N Dixie Hwy, Lake Worth, FL 33460
SITE PLAN
7925 NW 12th Street, Suite 301 Miami, FL 33126 305.235.1500 lee-associates.com
BELLA TERRA AT LAKE WORTH310 N Dixie Hwy, Lake Worth, FL 33460
FLOOR PLANS
7925 NW 12th Street, Suite 301 Miami, FL 33126 305.235.1500 lee-associates.com
BELLA TERRA AT LAKE WORTH310 N Dixie Hwy, Lake Worth, FL 33460
ELEVATION
7925 NW 12th Street, Suite 301 Miami, FL 33126 305.235.1500 lee-associates.com
BELLA TERRA AT LAKE WORTH310 N Dixie Hwy, Lake Worth, FL 33460
SITE PLANS
7925 NW 12th Street, Suite 301 Miami, FL 33126 305.235.1500 lee-associates.com
BELLA TERRA AT LAKE WORTH310 N Dixie Hwy, Lake Worth, FL 33460
LOCATION MAPS
7925 NW 12th Street, Suite 301 Miami, FL 33126 305.235.1500 lee-associates.com
BELLA TERRA AT LAKE WORTH310 N Dixie Hwy, Lake Worth, FL 33460
LAKE WORTH, FL
7925 NW 12th Street, Suite 301 Miami, FL 33126 305.235.1500 lee-associates.com
POPULATION 1 MILE 3 MILES 5 MILES
Total population 19,073 89,160 212,011
Median age 34.4 38.7 37.2
Median age (Male) 33.1 37.5 36.1
Median age (Female) 36.9 40.0 38.4
HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES
Total households 6,491 32,908 76,506
# of persons per HH 2.9 2.7 2.8
Average HH income $49,177 $60,665 $60,895
Average house value $293,416 $276,578 $279,871
* Demographic data derived from 2010 US Census
BELLA TERRA AT LAKE WORTH310 N Dixie Hwy, Lake Worth, FL 33460
DEMOGRAPHICS MAP