10401 Prosperity Farms Road Unit #Lot 7, North Palm Beach, FL 33410

Property Description

Prosperity Village is a new gated community consisting of 11 buildable lots for single family homes. This is a golf cart friendly community. Buyer chooses builder and floor plan. Underground utilities include electric, city water, city sewer and natural gas. Coastal Modern, Florida Contemporary and Modern design. Must be a minimum of 2,800 Sq. Ft. under air. Must build within 2 years. (Buildable footprint 55 x 105) This location is minutes to the new North Palm Beach Country Club featuring the newly redesigned Jack Nicklaus Signature golf course, pool, tennis, and fine dining. Close to beaches, recreation, restaurants and entertainment. Convenient to major highways and Palm Beach International Airport. Stamped Architectural plans included with purchase of property, available upon request. The Village of North Palm Beach is becoming one of the most sought-after communities in Northern Palm Beach County. It is a coastal community with easy access to both the Palm Beach and the Jupiter Inlets for some of the best fishing In the world. Combined with easy access to Palm Beach International Airport, some of the best beaches and a wide range of dining establishments in the area, the village is becoming one of the top communities In Northern Palm County. The village is also home of the newly renovated North Palm Beach Country Club, featuring an Olympic swimming pool, splash pad, picnic area, an on-deck tiki hut, 200 seat banquet room, 100 seat Farmer's Table restaurant, A Jack Nicklaus Signature Golf Course, and a full featured Tennis Facility with Har-Tru courts. It is open to the public and village residents. The village was recently designated as a golf cart friendly community. This community consists of waterfront, golf course and dry lots. The village was established in the 1962. Residents are continuing to buy and scrape lots throughout the community. The village consists of homes values from high $450,000 for the smaller dry lots on the south side of Lighthouse, to homes on the north side of Lighthouse and the east side of US 1 In the upper $1 million plus range. Golf course lots are just starting to approach the $1 million dollar value for land, with non-golf course lots in the $500,000 plus range. Waterfront lots are ranging from $2.5 million to $1 million plus. The Village ls continuing to see buyers purchase older homes and scrape and build new construction. The lot purchases include the costs of demoing the homes In the $25,000 range, de-mucking with costs in the $20,000 to $50,000 range, and adding fill to bring elevations to current building codes. The newly gated Community of Prosperity Village is offering buyers the opportunity to live in the Village of North Palm Beach, build the desired larger new construction and be located along the eastern coastline.