5099 NW 5th Avenue, Boca Raton, FL 33431

Overview

Description

Calling All Developers and Investors. 1.4378 acres of Land in East Boca Raton, just Minutes to shops, restaurants, Beaches, highways, public transportation and new development in the area! The Property is Zoned R-3-D - RESIDENTIAL (MEDIUM) ( 06-BOCA RATON ) The Property is Currently occupied by the Boca Raton Church of Christ, Which is a 3570 sq. Ft Religious Facility on the property with a huge parking lot Explore many different Options of Uses to Develop Here in East Boca Raton

General Property Information

Property Sub Type: Unimproved Land
Lot Size Acres: 1.44
Lot Size Square Feet: 62631
Minimum Livable Area: 3570
Direction Faces: East
LP/SqFt: 36.72

Property Features

Comprehensive Plan Use: Open Land; Worship Current Use: Commercial; Multi-Family; Single Family Development Status: Recorded Plat Documents Available: None Electric: Three Phase Fencing: Fenced Location of Property: Other Possible Use: Commercial Sewer: Public Sewer Trees: Other Utilities: Electricity Available; Sewer Available; Other Vegetation: Grassed; Other Listing Terms: Cash; Conventional; Trade Road Frontage Type: Highway Road Surface Type: Paved Water Source: Public Showing Requirements: Call Listing Agent; Text Listing Agent Contingencies: Inspection; Other Acreage Description: 1 To Less Than 2 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 2300000
LP/Acre: 1599666.16

Location and Legal

County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 5099
Street Direction Prefix: NW
Street Name: 5th
Street Suffix: Avenue
City Name: Boca Raton
State Or Province: FL
Postal Code: 33431
Postal Zip: 33431
Subdivision Name: 7-47-43, S 160 FT OF N 210 FT OF E 1/2 OF NE 1/4 OF NE 1/4 W OF NW 5TH AVE (LESS I-95 R/W)
Area: 4390
Geographic Area: PB02
Parcel Number: 06434707000001040
Zoning: R3D(ci
Directions: 95 to Yamato rd head east on Yamato rd turn right on nw 4th ave turn left on nw 3rd ave turn right on nw 5th ave continue to bear right on nw 5th ave property on left hand side at end of st

Financial Information

Tax Year: 2021
Tax Annual Amount: 328.23
Tax Legal Description: 7-47-43, S 160 FT OF N 210 FT OF E 1/2 OF NE 1/4 OF NE 1/4 W OF NW 5TH AVE (LESS I-95 R/W)

Status Change Information

Major Change Timestamp: 2022-10-08T22:36:59Z
Major Change Type: Status Change
Status Change Date: 2022-10-08
Under Contract Date: 2022-07-25
Close Date: 2022-10-07
Close Price: 2100000
Buyer Financing: Cash
SP/Acre: 1460564.75

More Information

Short Sale Details

Short Sale Addendum: No

Price Calculations

Current Price To SqFt: 588.24
Original List Price To Close Price: 1.09

Originating Details

Originating System Key: 20220509134906411852000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Electric

Three Phase: Yes

Documents Available

None: Yes

Fencing

Fenced: Yes

Comprehensive Plan Use

Open Land: Yes
Worship: Yes

Current Use

Commercial: Yes
Multi-Family: Yes
Single Family: Yes

Development Status

Recorded Plat: Yes

Location of Property

Other: Yes

Possible Use

Commercial: Yes

Sewer

Public Sewer: Yes

Trees

Other: Yes

Utilities

Electricity Available: Yes
Sewer Available: Yes
Other: Yes

Vegetation

Grassed: Yes
Other: Yes

Listing Terms

Cash: Yes
Conventional: Yes
Trade: Yes

Road Frontage Type

Highway: Yes

Road Surface Type

Paved: Yes

Water Source

Public: Yes

Showing Requirements

Call Listing Agent: Yes
Text Listing Agent: Yes

Contingencies

Inspection: Yes
Other: Yes

Acreage Description

1 To Less Than 2 Acre Lot: Yes