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About This Home

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.

Facts & Features

21 details
Overview
List Price
$55,000
Lot Size
6,970 sq ft
Property Type
Land & Docks
Sub-Type
Unimproved Land
Standout Features
No HOA
Exterior & Construction
Direction Faces
West
Zoning
R2 (city
Location & Schools
Address
205 SE 1st Avenue, South Bay, FL 33493
City
South Bay
County
Palm Beach
Zip Code
33493
Subdivision
SOUTH BAY
Elementary School
Rosenwald
Middle School
Lake Shore
High School
Glades Central
State
FL
Financial & Tax
Parcel Number
58364414151500090
Listing & MLS
MLS #
A11980895
Listing Agent
Pamela Moya Sosa
Listing Office
Realty 100
Listing Updated
May 4, 2026

Monthly Cost

$356/mo

Estimated with 20% down ($11,000), 30-yr fixed at 6.5%

Principal & interest
$278
Property taxes
$50
Home insurance
$28
Customize this payment

Estimate only — not a loan offer or pre-approval. Taxes estimated at 1.1% of price per year; insurance estimated at 0.6% of price per year.

Price & Status History

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History shown as reported by BeachesMLS. Information deemed reliable but not guaranteed.

Schools

Elementary

Rosenwald

Middle / Jr High

Lake Shore

High School

Glades Central

School assignments can change — verify enrollment eligibility directly with the school district.

Location & Flood Zones

205 SE 1st Avenue, South Bay, FL 33493

South Bay, FL 33493

SOUTH BAY

Beds
Baths

Listed by

Pamela Moya Sosa

Realty 100

MLS #A11980895. Information deemed reliable but not guaranteed. Listing information last updated May 4, 2026.

Estimate Your Payment

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Down Payment20% ($11,000)
Loan Term
Interest Rate6.500%
Est. monthly payment$356
Principal & interest
$278
Property taxes
$50
Home insurance
$28
Loan amount
$44,000

Taxes estimated at 1.1% of price per year. Insurance estimated at 0.6% of price per year. Estimate only — not a loan offer or pre-approval.