This is the perfect opportunity for a multi-unit beach and oceanfront residential development. The land is zoned HR-8 allowing for up to 8 dwelling units per acre and includes 171' of ocean frontage. The 1.98 acres is comprised of two lots separated by a short stretch of Old Ocean Boulevard, one of the most prestigious old roads in south Florida. There are few remaining lots with this appeal and it represents a rare development opportunity to acquire a residential ocean front site in such a highly desirable ocean access location. According to the Palm Beach County Department of Planning, Zoning & Building, development of up to 18 units is permissible, with potential for an additional 18 by utilizing the bonus density option.

Supplements: Selling features for marketing homes on this acreage include proximity to fantastic shopping and dining at nearby Ocean Ridge (1 minute North), Delray Beach (9 minutes South), Manalapan (12 minutes North), Palm Beach (20 minutes North) and Boca Raton (20 minutes South). Residents will also be pleased to be just minutes from I-95 and the Palm Beach International Airport.