Prime Multifamily Development Opportunity – RM Zoning | MR-5 Future Land Use
Exceptional vacant lot located in the RM (Residential Multifamily) zoning district with an MR-5 Future Land Use designation, offering strong development potential. The property measures approximately 89′ x 148′ (13,172± SF), providing a functional footprint for multifamily construction. Currently allows up to 2 units by right, with potential for increased density through the purchase of Transfer of Development Rights (TDR) (buyer to verify with municipality). Ideal for builders or investors seeking to maximize yield in a high-demand rental market. Strategically positioned within walking distance to restaurants, schools, shopping centers, medical offices, and pharmacies — a highly desirable location for future
Exceptional vacant lot located in the RM (Residential Multifamily) zoning district with an MR-5 Future Land Use designation, offering strong development potential. The property measures approximately 89′ x 148′ (13,172± SF), providing a functional footprint for multifamily construction. Currently allows up to 2 units by right, with potential for increased density through the purchase of Transfer of Development Rights (TDR) (buyer to verify with municipality). Ideal for builders or investors seeking to maximize yield in a high-demand rental market. Strategically positioned within walking distance to restaurants, schools, shopping centers, medical offices, and pharmacies — a highly desirable location for future
Listing Provided Courtesy of Gulfstream Real Estate Solutions, Inc at 954-338-5054
Property Details
Price:
$450,000
MLS #:
R11167649
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Unimproved Land
Subdivision:
MILITARY PARK DIEKHANS ADD
Neighborhood:
5400
Listed Date:
Mar 1, 2026
Lot Size:
13,068 sqft / 0.30 acres (approx)
See this Listing
Schools
Elementary School:
Egret Lake
Middle School:
Bear Lakes
High School:
Palm Beach Lakes
Interior
Exterior
Financial
Tax Year
2025
Taxes
$7,115
Map
Community
- Address4583 Diekhans Road West Palm Beach FL
- SubdivisionMILITARY PARK DIEKHANS ADD
- CityWest Palm Beach
- CountyPalm Beach
- Zip Code33417
Subdivisions in West Palm Beach
- ANDROS ISLE REPL
- CAMDEN CONDO B-P CENTURY VILLAGE
- CYPRESS LAKES 09
- FOREST HILL GARDENS CONDO EAST
- FOREST RIDGE PARK
- GOLFS EDGE F
- GOLFVIEW HEIGHTS 01
- METROPOLITAN CONDO
- OAKTON PRESERVE
- PALM ACRES ESTATE
- PARKWAY VILLAGE
- RANCHETTE LAKE
- ST ANDREWS PALM BEACH CONDO 03
- SUBURBAN HOMESITES
- TERRACINA JOHNSON PROP PUD
- VILLAGE SANDALWOOD LAKES 01
- VILLAS OF PALM BEACH PL 3 LOT 188
- WHITEHALL CONDO 01-14
Market Summary
Current real estate data for Single Family in West Palm Beach as of Mar 13, 2026
1,055
Single Family Listed
104
Avg DOM
535
Avg $ / SqFt
$1,558,600
Avg List Price
Property Summary
- Located in the MILITARY PARK DIEKHANS ADD subdivision, 4583 Diekhans Road West Palm Beach FL is a Single Family for sale in West Palm Beach, FL, 33417. It is listed for $450,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space.The average price per square foot for Single Family listings in West Palm Beach is $535. The average listing price for Single Family in West Palm Beach is $1,558,600. To schedule a showing of MLS#r11167649 at 4583 Diekhans Road in West Palm Beach, FL, contact your Stonecrest International Realty agent at 561-707-9933.
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