$530,000
0.19
Acres
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Property Description
Rare Winthrop duplex development opportunity offering the chance to build ground-up new construction in a highly desirable coastal community. The project allows for two spacious 2,500+ sqft units, ideal for resale as luxury condos or as long-term income-producing properties. Each unit includes two off-street parking spaces, a valuable amenity in this sought-after location. With strong buyer demand and limited new inventory in the area, this is a prime opportunity for builders, investors, or owner-occupants looking to create value. Whether you plan to sell both units or hold for rental income, the flexibility and upside potential make this a standout project.
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Highlights
- Area: Winthrop Center
- Property Type: Residential
- Property Class: Land
- Status: Closed
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Additional Details
- Lot Features: Flood Plain, Gentle Sloping, Sidewalks
- Zoning: Ra
- Road Frontage Type: Public, City Street, State Road, Highway
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station, Sidewalks
- Waterfront Features: Beach Access, Ocean, River, Walk to, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
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Utilities
- Electric: On-Site
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $300,000
- Taxes: $3,399
- Tax Year: 2026
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Listing information provided courtesy of Lynnway Associates.
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