205 SE 1st Avenue, South Bay, FL 33493

$55,000

Property Type: Land & Docks Lot Size (sq. ft.): 6,970 Status: Active

Current Price: $55,000 List Date: 3/11/2026 Last Modified: 10/31/2026

Overview

Description

Excellent investment opportunity in South Bay, located in the western region of Palm Beach County near Lake Okeechobee. This 0.16-acre vacant lot is zoned Multiple Family Dwelling, offering strong potential for duplex or small multifamily development (subject to city approval).With approximately 6,969 sq ft, the property provides a great opportunity for investors or developers looking to build income-producing rental units in an area with consistent demand for affordable housing. Conveniently located near local schools, services, and main roadways, with easy access to neighboring communities such as Belle Glade and Pahokee.Whether you are planning a long-term rental investment or a small residential development, this parcel offers flexible zoning, low holding costs, and solid potential in the growing Glades area.

Listing Details MLS# A11980895

General Property Information

Property Sub Type: Unimproved Land
Number Of Lots: Yes
Lot Size Acres: 0.16
Lot Size Square Feet: 6970
Lot Size Dimensions: 7,296
Direction Faces: West
LP/SqFt: 7.89

Property Features

Current Use: Residential; Unimproved; Other Development Status: Raw Land Other Structures: None Possession: Close Of Escrow Trees: Partial Tree Coverage Listing Terms: Cash Showing Requirements: Call Listing Agent; No Appointment

Contract Information

Comp Sale YN: No
Original List Price: 60000
LP/Acre: 343750

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 205
Street Direction Prefix: SE
Street Name: 1st
Street Suffix: Avenue
City Name: South Bay
Municipal Code: 58
State Or Province: FL
Postal Code: 33493
Postal Code +4: 2231
Postal Zip: 33493
Subdivision Name: SOUTH BAY
Area: 5560
Geographic Area: PB28
Elementary School: Rosenwald
Middle Or Junior School: Lake Shore
High School: Glades Central
Parcel Number: 58364414151500090
Subdivision Number: 15
Zoning: R2 (city
Flood Zone: X

Financial Information

Tax Year: 2025
Tax Annual Amount: 522
Tax Legal Description: SOUTH BAY AMENDED N 58 FT OF SLY 410.62 FT OF WLY 124.15 FT OF TR 15 LYG E OF & ADJ TO L-20 CNL R/W

Status Change Information

Major Change Timestamp: 2026-03-13T16:21:03Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-03-13T16:21:03Z
Status Change Date: 2026-03-13

More Information

Section Details

Parcel Number MLX: 0090

Originating Details

Originating System Key: 439639230
Originating System ID: M00000151

Listing Office: Realty 100

Last Updated: October - 31 - 2026

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205 SE 1st Avenue, South Bay, FL 33493 (MLS# A11980895)