Hadjes Drive Listing Details & Market Data

In 2019, the City of Lake Worth was renamed “Lake Worth Beach Lake Worth Beach is a coastal city of 7 square miles, located in Palm Beach County, Florida. Downtown Lake Worth Beach is the artistic soul of Palm Beach County with a historic theater and a museum, live music clubs, coffee houses, art galleries, antique malls, retail stores, and many restaurants The City of Lake Worth Beach has adopted a variety of innovative and significant incentives to encourage private investment and to facilitate a robust, sustainable city. Density, Intensity, Height, Financial and Transfer of Development Rights are all incentives that the City has embraced to foster a healthy climate for investment and sustained economic growthThe Keyes Company is pleased to present an excellent opportunity to purchase 2.13-acres of land in Lake Worth, FL. This parcel of land has approx. 221 ft of direct frontage on Hadjes Drive with great visibility. It is located in a heavy traffic area just off Lake Worth Rd, which has an AADT of 42,000 (2022 FDOT) and is backed to the ramp of the Florida Turnpike, which has an AADT of 83,000 (2022 FDOT). Furthermore, it is within a demographically dense area, as the 5-mile population is over . Current zoning is RM - Multi-Family (Medium Density) with a future land use of High Residential (12 units per acre, with the potential to build 26 units on site).