For Sale: ±3.3-Acre Prime Beachfront Development Site
3930 N Ocean Drive, Singer Island, FL 33404
- For Sale $25,000,000
- Property Type Other
- Lot Size 186,872 Sqft
- Date Updated Oct 27, 2021
Colliers International, as exclusive marketing advisor, is pleased to present the opportunity to acquire 3930 N Ocean, a true beachfront, prime development site on the highly coveted Singer Island in Palm Beach County. The property is comprised of one 3.30 acre parcel with direct frontage on N Ocean Drive as well as direct beachfront access with 150 feet of linear feet on the sand. The property represents the opportunity for developers to capitalize on the growing demand for luxury, boutique development in South Florida with a rare and largescale parcel on the water.
The current as of right zoning designation at 3930 N Ocean is RM- 20: High Density Multiple Family Dwelling District, which is one of the most liberal zoning districts in the city allowing for residential and hotel developments with high density and intensity standards.RM-20 allows for the development of 20 residential units per acre (40 hotel units per acres), a maximum building height of 20 stories, and a maximum floor area ratio of 1.3.
The highly desired location with the pro-development zoning designation makes the 3930 N Ocean site one of the few premiere development sites available in South Florida.
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- City Singer Island, FL
- Neighborhood Singer Island
- Zip Code 33404
- Market West Palm Beach Boca Raton
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