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Land E OF I-95, 1 MILE W OF DOWNTOWN LAKE WORTH, sold as PART OF 4-LOT CONTIGUOUS LAND zoned Low Density Multi-Family. Total size of 4 lots = 3.6783 acres; Total 2015 Real Estate Tax = $8, 535. CITY OF LAKE WORTH & PROPERTY OWNER AGREED TO CREATE A CONSERVATION EASEMENT. THE CITY AGREED TO APPROVE A PROJECT OF UP TO TOTAL BUILDING COVERAGE OF 56, 000 SF(not limited to a single structure); UP TO 73 DWELLINGS; UP TO 3 STORIES HIGH. OTHER FORMATS, NOT IN VIOLATION OF BUILDING CODES OR THAT DO NOT IMPEDE THE CONSERVATION EASEMENT, WILL BE CONSIDERED. THE CITY WILL EXTEND BENEFITS & INCENTIVES TO DEVELOPMENT OF THE PROPERTY AS AN INDUCEMENT TO THE CONSERVATION EASEMENT. DETAILS OF THE AGREEMENT & CONSERVATION EASEMENT SURVEY WILL BE PROVIDED TO PARTIES WHO SIGN A CONFIDENTIALITY AGREEMENT.

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Listed by Danuta Stein Blashfield of Luxury Partners Realty

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