Premier Brokers International
205 SE 1st Avenue, South Bay, FL 33493
ActiveMLS listing sourceMIAMI REALTORS® MLS
ActiveMLS® A11980895
$55,000

205 SE 1st Avenue, South Bay, FL 33493

Beds
—
Baths
0
Sqft
—
Est. payment$357/mo
Home type
Unimproved Land
Year built
—
Lot size
6,970 sqft
Price / sqft
—
HOA
—
Community
SOUTH BAY

Property description

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.

Listing activity

Days on market
196
Listed
Mar 11, 2026
MLS listing updated
May 4, 2026
Feed last checked
5 minutes ago

Listed by Pamela Moya Sosa · Realty 100

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms
0
Bathrooms (decimal)
0
Property

Exterior

Other structures
None
Waterfront property
No

Lot

Lot size
6,970 sqft
Lot size (acres)
0.16 acres
Lot dimensions
7,296
Zoning
R2 (city
Construction

Type & style

Home type
Unimproved Land

Materials

Faces
West
Utilities & green energy

Not reported by the listing source.

Community & HOA

Community

Subdivision
SOUTH BAY
MLS area
5560
MLS subarea
PB28
Lease details

Not reported by the listing source.

Location

Area details

City
South Bay
County
Palm Beach
ZIP code
33493
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A11980895
Possession
Close Of Escrow
Original list price
$60,000
Parcel number
58364414151500090
Annual property tax
$522
Tax year
2025
Tax legal description
SOUTH BAY AMENDED N 58 FT OF SLY 410.62 FT OF WLY 124.15 FT OF TR 15 LYG E OF & ADJ TO L-20 CNL R/W
Additional MLS details

Reported by the listing source

Bathrooms Total Decimal
0
Bathrooms Total Integer
0
County Or Parish
Palm Beach
Days On Market
196
Direction Faces
West
Elementary School
Rosenwald
High School
Glades Central
List Price
55000
Listing Contract Date
2026-03-11
Lot Size Acres
0.16
Lot Size Dimensions
7,296
MLSArea Major
5560
MLSArea Minor
PB28
Middle Or Junior School
Lake Shore
Mls Status
Active
On Market Date
2026-03-11
Photos Count
2
Postal Code
33493
Price Change Timestamp
2026-03-13T16:21:03Z
Property Sub Type
Unimproved Land
Property Type
Land & Docks
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-03-11T04:00:00Z
Subdivision Name
SOUTH BAY
Tax Annual Amount
522
Waterfront
No

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Mar 11, 2026ListedMIAMI REALTORS® MLS$60,000
Mar 13, 2026Price reducedMIAMI REALTORS® MLS$55,000

Public tax history

YearProperty taxesAssessment
2025$522—

Payment calculator

Estimated monthly payment$357/moIllustrative estimate, not a loan offer.
Principal & interest
$285
Property taxes
$44
Insurance
$28
Association dues
—

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

SOUTH BAY

South Bay · Palm Beach County · 33493

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

RosenwaldElementary
—
Lake ShoreMiddle
—
Glades CentralHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

5 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Realty 100. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.