Majetic Plaza Land 3.65 Acres For Sale WPB

Marcus & Millichap is pleased to present, as exclusive advisor, the Majestic Plaza Land (the Property), a 3.65 acre parcel of land located at 4400 Beacon Circle, West Palm Beach, Florida. The Property was previously site plan approved for approximately 66,000 square feet designed as three (3) two-story office condominium buildings catering to medical uses.

Conveniently located at the end of a cul-de-sac within the Congress Crossing office park, just south of 45th Street and east of Congress Avenue in an area dense with medical uses. The Property boasts easy access to Interstate 95, multiple medical facilities including JFK Medical Center North, Hanley-Hazelden Center and St. Mary's Hospital and is located approximately ten minutes north of the Palm Beach International Airport. Further enhancing the Property's central location is an abundance of multifamily and single-family housing, as well as a critical mass concentration of banking, hotels, restaurants, business parks and shopping centers in the surrounding vicinity.

The Property is also situated within an overlay district of an Opportunity Zone which may provide for favorable tax advantages for qualifying investments. Please consult with your personal tax advisor to find out if your investment would qualify.