$7,400,000
Palm Beach, FL 33480
MLS# RX-10972710
Status: Closed

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Property Description
LAND ONLY with ARCOM APPROVED PLANS. Midtown Ocean Block with Beach Access. Conveniently Located Near Worth Avenue, Shopping, Restaurants, Palm Beach Luxury Marina, Intracoastal, Atlantic Ocean, Colony Hotel and So Much More! Spectacular location ready for NEW BUILD Single Family Quintessential Palm Beach Two Story Home with Open Living Floor Plan. Separate Cabana/Bedroom. SKA Architect + Planner. PERFECT OPPORTUNITY to CUSTOMIZE the Finishes. Complete with elevator and generator planning. *Measurements based upon architect's plans, approximate.
Details
Contract Information
Listing Date: 2024-03-26
Status: Closed
Original List Price: 8400000
Auction: No
Sold Price: $6,600,000
Current Price: $6,600,000
General Property Description
Type: Single Family Detached
Lot Frontage: 50
Lot Depth: 125
Waterfront: No
Subdivision: ROYAL PARK ADD TO P B IN
Front Exp: North
Homeowners Assoc: None
Directions: 2 blocks North of Worth Avenue and S. Ocean Boulevard. Property is located one building from S. Ocean Boulevard and Beach. Between Royal Palm Way Bridge and Southern Bridge in Palm Beach.
Location Tax Legal
Area: 5002
County: Palm Beach
Parcel ID: 50434323050080311
Street #: 123
Street Name: Chilean
Street Suffix: Avenue
Zip Code: 33480
Legal Desc: ROYAL PARK ADD E 10 FT OF LT 31, LT 32 & W 15 FT OF LT 33 BLK 8
Geo Lat: 26.70264
Geo Lon: -80.034115
Status Change Info
Under Contract Date: 2025-03-21
Sold Date: 2025-04-15
Sold Price: $6,600,000
Terms of Sale: Cash
Concessions
Seller Concessions: No
Contributions
Buyer Contributions: No
Property Features
Land Use: Single Family
Location: Other
Lot Description: < 1/4 Acre
Develop Status: Undeveloped
Comp Plan Use: Other
Improvements: Cleared
Utilities Avail: Cable; Gas; Phone Line; Other
Utilities On Site: None
View: Other
Ground Cover: Grassed
Roads: Paved
Miscellaneous: Other
Avail Docs: Aerial; Building Plan
Trees: None
Subdiv Info: None
Terms Considered: Cash; Conventional
Possession: At Closing
Contingencies: None
Listing Office: Douglas Elliman
Last Updated: September - 26 - 2025
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