Multifamily Development Site For Sale in West Palm Beach

On behalf of ownership, the Colliers | South Florida Investment Services Team, as the exclusive agent, is pleased to present for sale the future development site located at 1415 Centrepark Boulevard West Palm Beach, FL (the “Property”). The 2.2-acre parcel is located within Centrepark, an institutional-quality suburban office park positioned between Belvedere Road and Australian Ave just west of I-95. Strategically located immediately west of the West Palm Beach Central Business District and directly north of Palm Beach International Airport, the Property enjoys one-turn access to Interstate 95 via Belvedere Road and Okeechobee Boulevard and easy access to West Palm Beach’s cutting-edge Warehouse District.

Known as Oasis Tower, the project has secured unanimous city council approval for 231 units and is currently pending site plan approvals for 323 units, expected in late Q1 2025. The eleven-story apartment building will feature 323 units, and the layout plans span from studios to three-bedroom units and communal amenities would include a swimming pool, fitness center, work-from-home space, and rooftop terrace with a sky lounge.

This site offers a rare opportunity to acquire a strategically located parcel in a high demand area that is positioned to meet the growing demand for multifamily housing driven by West Palm Beach’s robust economic development, thriving job market, and lifestyle-driven amenities.

Visit the Property Website for additional information or to obtain an offering memorandum: http://oasistowermultifamily.com/