• Broker Kris Hustad 5616595554

5383 Wallis Rd - Wallis Road Land Development 12.92 Acres of Residential Land in West Palm Beach, FL 33415

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INVESTMENT HIGHLIGHTS

  • Six properties totaling 12.92 acres of redevelopment land

EXECUTIVE SUMMARY

Six properties totaling 12.92 acres of redevelopment land. Zoning is RM: Multi-Family Medium Density in Unincorporated Palm Beach County. Multi-Family or CLF/AFL/Rehab Facility uses allowed. MF could allow for up to 22 units per acre (284 units) and CLF/AFL/Rehab zoning currently allows for one bed per 1,000 square feet of land (563 beds). Opportunity to add two additional contiguous parcels for a total of 14.15 acres (00-42-43-35-02-004-0010 and 00-42-43-35-02-004-0180) and increase the Wallis Road frontage to approx. 425'.

PROPERTY FACTS

Sale Type Investment or Owner User Property Subtype Residential
No. Lots 1 Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
Property Type Land Total Lot Size 12.92 AC
Zoning MF - Multiple Family
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
Total Lot Size 12.92 AC
Zoning MF - Multiple Family

1 LOT AVAILABLE

Lot

Lot Size 12.92 AC
Lot Size 12.92 AC

12.92 acres of redevelopment land with a possible increase to 14.15 acres for additional density. Multi-Family or CLF/AFL/Rehab Facility uses allowed as outlined in the "Sale Notes" and "Property Information" sections.

LINKS

  • Touchstone Webb Realty Company website
  • Florida Commercial website
  • 5383 Wallis Road Tax Card (Main Property out of six)

PROPERTY TAXES

Parcel Numbers 00-42-43-35-02-004-0180, 00-42-43-35-02-005-0030, 00-42-43-35-02-006-0010, 00-42-43-35-02-006-0070 Improvements Assessment $0
Land Assessment $0 Total Assessment $418,008

PROPERTY TAXES

Parcel Numbers
Multiple
  • 00-42-43-35-02-004-0180
  • 00-42-43-35-02-005-0030
  • 00-42-43-35-02-006-0010
  • 00-42-43-35-02-006-0070
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$418,008

MAP

  • Listing ID: 25673616

  • Date on Market: 5/10/2022

  • Last Updated: 6/27/2025

  • Address: 5383 Wallis Rd, West Palm Beach, FL 33415