Significant Investment Opportunity: Commercial storefront and residential duplex on one lot. Currently generating lease income under existing commercial/residential zoning. Future multi-family zoning regulations present substantial long-term value. Strategically located near thriving Downtown West Palm Beach development and major transit hubs (Brightline, Tri-Rail). Please do not disturb tenants.
Significant Investment Opportunity: Commercial storefront and residential duplex on one lot. Currently generating lease income under existing commercial/residential zoning. Future multi-family zoning regulations present substantial long-term value. Strategically located near thriving Downtown West Palm Beach development and major transit hubs (Brightline, Tri-Rail). Please do not disturb tenants.
Year Built: 1935
Building Size: 3397sq ft
Lot Size: 0.0 acres
Map of 1504 N Sapodilla Avenue N, West Palm Beach, FL, 33401
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
