Opportunity to purchase 14 lots in DeBalivere Place overlooking the mansions on Washington Terrace. Lots are located near the Central West End, 5 blocks from Forest Park, 1 block from the $100M Delmar Divine Project under construction. Private and gated cul-de-sac. Lots are fully improved with all infrastructure in place including water, sewer, electric, and gated street. Lots are zoned E. Multi-Family Residential and would be ideal for luxury townhouses. Plans and permits for 20 luxury townhomes have been approved by the City of St. Louis Building Division and Cultural Resources. Lots are fee simple ownership with annual taxes of approximately $375 per lot. The original 20 lots appraised for $1,030,000 in 2021 which is $51,500 a lot. 6 lots of the original 20 have been sold or are under contract. The remaining addresses are 5400, 5402,5404, 5406, 5410, 5412, 5414,5416, 5360, 5362, 5364, 5366 Delmar Place Ct and 5344, 5346 Delmar Blvd.
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