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410 – 510 N Rosemary Avenue, West Palm Beach, FL 33401 (MLS# A11010619)

410 - 510 N Rosemary Avenue, West Palm Beach, FL 33401

$15,800,000
Property Type: Land & Docks Lot Size (sq. ft.): 49,106 Status: Closed
Current Price: $15,800,000 List Date: 3/09/2021 Last Modified: 6/13/2026

Overview

Description

**MOTIVATED SELLER** EXCELLENT INVESTMENT OPPORTUNITY TO BUY LAND WITH RESIDENTIAL AND COMMERCIAL ZONING. The lot consists of 7 parcels assembled totaling 2.5 acres, located one block from FEDERAL COURT, and a few blocks from the new BRIGHTLINE train station and CITY PLACE. This is the only land of this magnitude available in the area, not only because of the size of the lot but also because of the income that the location can generate. Zoning allows up to 8 stories high. Ideal to develop a residential/commercial or mixed-use. The front of the lot on Rosemary Avenue is 515 feet and the depth is up to 307, on the corner of 3rd street. Includes submitted architectural plans.

Listing Details MLS# A11010619

General Property Information

Property Sub Type
Unimproved Land
Number Of Lots
7
Lot Size Acres
2.5
Lot Size Square Feet
49106
Lot Size Dimensions
108783
Lot Depth
307
Additional Parcels YN
Yes
Additional Parcels Description
3rd Parcel ID 74434321060270100, 2nd Parcel ID 74434321060270090
Lot Frontage
515
LP/SqFt
336.01

Property Features

Comprehensive Plan Use: Suburban Current Use: Hotel/Motel; Multi-Family; Unimproved Environmental Audit: Phase 1 Location of Property: Central Business District; City Location; Corner Unit; Urban Area Development Possession: Negotiable Possible Use: Commercial Sewer: Public Sewer Special Information: City Jurisdiction Trees: None Utilities: Underground Utilities; None Vegetation: Grassed Listing Terms: Cash Road Frontage Type: Easement; Public Road Road Responsibility: Public Maintained Road Road Surface Type: Paved Water Source: Public Showing Requirements: Call Listing Agent; Sign On Property Acreage Description: 1 To Less Than 2 Acre Lot; 2 To Less Than 3 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
16500000
LP/Acre
6600000
LP/Frontage
32038.83

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
410 - 510
Street Direction Prefix
N
Street Name
Rosemary
Street Suffix
Avenue
City Name
West Palm Beach
Municipal Code
74
State Or Province
FL
Postal Code
33401
Postal Zip
33401
Subdivision Name
CLOWS ADD TO WPB
Area
5420
Geographic Area
PB25
Parcel Number
74434321060270061
Subdivision Number
6
Zoning
ICD-5 (c
Flood Zone
X

Financial Information

Tax Year
2019
Tax Annual Amount
29943
Tax Legal Description
CLOWS ADD TO WPB W 11 FT OF LT 6, LTS 7 THRU 12 & W 11 FT OF LT 13 BLK 27 & S 1/2 OF 50 FT ABND PT OF 4TH ST LYG N OF & ADJ TO

Status Change Information

Major Change Timestamp
2021-12-20T13:11:55Z
Major Change Type
Status Change
Status Change Date
2021-12-21
Under Contract Date
2021-11-04
Close Date
2021-12-20
Close Price
15800000
Buyer Financing
Cash
SP/Acre
6320000

More Information

Buyer Details

Intended Use
Investment
Buyer State
Florida
Zip Code
33143

Concessions

Seller Concessions
No

Section Details

Parcel Number MLX
0061

Originating Details

Originating System Key
356598406
Originating System ID
M00000151

Office/Member Information

DXORIGMLSID
SEF

Comprehensive Plan Use

Suburban
Yes

Current Use

Hotel/Motel
Yes
Multi-Family
Yes
Unimproved
Yes

Environmental Audit

Phase 1
Yes

Location of Property

Central Business District
Yes
City Location
Yes
Corner Unit
Yes
Urban Area Development
Yes

Possession

Negotiable
Yes

Possible Use

Commercial
Yes

Sewer

Public Sewer
Yes

Special Information

City Jurisdiction
Yes

Trees

None
Yes

Utilities

Underground Utilities
Yes
None
Yes

Vegetation

Grassed
Yes

Listing Terms

Cash
Yes

Road Frontage Type

Easement
Yes
Public Road
Yes

Road Responsibility

Public Maintained Road
Yes

Road Surface Type

Paved
Yes

Water Source

Public
Yes

Income and Expenses

Inc/Exp Statement Period
No

Showing Requirements

Call Listing Agent
Yes
Sign On Property
Yes

Acreage Description

1 To Less Than 2 Acre Lot
Yes
2 To Less Than 3 Acre Lot
Yes
Listing Office: Oceanside Realty & Investments, Inc.
IDX
Last Updated: June - 13 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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