You can decide to knock down or collect rents @ $87K gross per year. Collect rent while you are preparing your plans and approval process with the city. New Pitch Roof 2023. The lot 9,879 sqft & is zoned for SF14--SINGLE FAMILY HIGH DENSITY but is NON-Historical. Your can build 6,000+/- sq ft house. New construction is next door. New construction is going up 2 doors down. New Construction on Sunset. 4 Minute drive to The Kravitz Center and The Square. 5 minutes, drive to downtown, 6 minutes drive to Palm Beach, 7 minutes drive to PBI . A great opportunity!