The Real Deal Miami

Broker expects big purchase price for Royal Palm property

Village wants about 300 homes developed on the site
Douglas Kirlan

Douglas Kirlan

Douglas Kirlan, owner and president of Douglas James Kirlan, P.A., hasn’t been officially hired to market the 151-acre vacant site on Crestwood Boulevard, but he’s still pitching the property.

“This is a great piece of property and it’s in a great location,” Kirlan said of the former wastewater treatment site at the north end of Crestwood Boulevard. “It’s going to be very desirable and a place where builders will want to be.”

Recently, the village tapped Kirlan’s firm to market the Royal Palm property, but a contract has yet to be signed, according to the Palm Beach Post.

The village hopes to sell the site so it can develop up to 302 single-family homes there.

“It could be 750 homes,” Kirla said. “But there will not be 750 homes. The village has made it very clear they don’t want any multi-family homes or attached product on the site.” [Palm Beach Post]  Christopher Cameron