Waterfront Multifamily Development Site For Sale

For Sale

1551 Forum Pl, West Palm Beach, FL 33401

This West Palm Beach property for sale is located at 1551 Forum Pl. Contact the listing broker for details on the current sale price for Waterfront Multifamily Development Site For Sale. Waterfront Multifamily Development Site For Sale is situated on a lot that is 3.74 acre in size.

Contacts

broker
Bastian Schauer
broker
Mark M. Rubin

Property Details

  • Property Type Other
  • Lot Size 3.74 Acre
  • Date Updated Feb 11, 2025

Opportunity to acquire a 238-unit waterfront multifamily development with Site Plan approval and permit ready CDs in West Palm Beach with 60 WFH Units @ 100% AMI. The Project hard cost should range from $58-$60.0M based on recent cost estimates from prominent local construction companies. Forum Place received Concept Approval for a HUD 221 d.4 construction loan in December 2024.

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

Forum Place will be an eight-story mid-rise multifamily situated on 3.74 acres in the Palm Beach Lakes section of West Palm Beach. 238-units of tunnel-form, category 5 hurricane rated units, 383-parking spaces, 86 storage lockers, a waterfront location on Lake Magnolia with views of Clearlake, connection to a public right of way extension of the Turquoise Necklace bicycle and walking paths to Downtown.

Live carefree every day. At 1551 Forum Place, coming home feels like you're on vacation. With impressive finishes and resort-quality amenities, our apartments make it possible to live beyond your expectations. With so much to do in the perfect location, a vibrant new lifestyle awaits. Embrace it.

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Getting around

  • 55/100

    Walk Score ®

  • 28/100

    Transit Score ®

  • 49/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City West Palm Beach, FL
  • Neighborhood Presidential Estates
  • Zip Code 33401
  • Market West Palm Beach Boca Raton

Points of Interest

  • West Palm Beach

    1.78 miles

  • Marathon

    0.75 miles

  • BP

    1.45 miles

  • Shell

    1.50 miles

  • Mobil

    1.53 miles

  • Texaco

    1.53 miles

  • Chevron

    1.56 miles

  • RaceTrac

    2.02 miles

  • Tesla Supercharger

    3.87 miles

  • Palm Beach Gardens Supercharger

    7.96 miles

  • Sapodilla Public Parking Garage (Police Garage)

    1.56 miles

  • USPS Employee Lot

    1.59 miles

  • USPS Lot

    1.60 miles

  • Judicial Center Parking Garage

    1.62 miles

  • Clematis Public Parking Garage

    1.69 miles

  • Government Center Parking Lot

    1.75 miles

  • Brightline West Palm Beach Parking Garage

    1.76 miles

  • Sapodilla Parking Garage

    1.77 miles

  • City Center Public Parking Garage

    1.78 miles

  • Governmental Center Parking Garage

    1.80 miles

  • Hilton Garden Inn

    0.36 miles

  • Best Western Palm Beach Lakes

    0.69 miles

  • The Belgrove, West Palm Beach, Autograph Collection

    0.74 miles

  • Hawthorn Suites by Wyndham West Palm Beach

    0.88 miles

  • La Quinta Inn & Suites West Palm Beach Airport

    1.07 miles

  • 88 Palms Hotel & Event Center

    1.12 miles

  • West Palm Beach Marriott

    1.68 miles

  • Hotel Evernia

    1.69 miles

  • Friend's place

    1.91 miles

  • The Ben, Autograph Collection

    1.91 miles

  • Palm Beach Outlet

    0.56 miles

  • Target

    0.58 miles

  • Saks Off 5th

    0.67 miles

  • Ross

    0.78 miles

  • TJ Maxx

    0.79 miles

  • Marshalls

    0.81 miles

  • Whole Foods Market

    0.81 miles

  • ALDI

    1.53 miles

  • Publix

    1.73 miles

  • La Gran Familia

    1.90 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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