335 N Rosemary Ave

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335 N Rosemary Ave

West Palm Beach, FL 33401
Asking Price
$2.50M
Asset Type
Residential Retail
Class
Class B

What's Special

Shovel-Ready Condo Development | Plans + Permits | Downtown WPB (64) <p>Permit-ready boutique condominium development opportunity in the heart of downtown West Palm Beach. Fully entitled, design-complete.</p><p><strong>THE OPPORTUNITY</strong></p><p>335 N Rosemary Ave is a de-risked, shovel-ready development site delivered with approved plans and permits to be delivered at closing. This is a turnkey entitlement package for a developer, builder, or investor seeking to bypass 6–9 months of design and permitting and move directly into construction in one of South Fl

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NOI
$80,000
Cap Rate
3.21%
DSCR
0.54
Underwater
Cash-on-Cash
-9.10%
Monthly Payment
$12,343.899
Annual Cash Flow
$-68,126.784

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