$12,950,000
Palm Beach, FL 33480
MLS# RX-10570439
Status: Closed

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Property Description
113 x 210, shovel ready, 23,000 +/- sq. ft. vacant lot with direct ocean views plus an additional 50' wide parcel ocean side connecting to the beach. High elevation offers panoramic views for a 10,000+/- sq. ft. home.
Details
Contract Information
Listing Date: 2019-10-16
Status: Closed
Original List Price: 13500000
Auction: No
Sold Price: $11,975,000
Current Price: $11,975,000
List Price/Acre: 23545454.54
General Property Description
Type: Single Family Detached
Lot Dimensions: 113 x 210
Lot SqFt: 24313
Lot Frontage: 113
Lot Depth: 210
Acres: 0.55
Waterfront: Yes
Min Lv SqFt Rstrct: 6173
Subdivision: OCEAN TERRACE
Front Exp: East
Homeowners Assoc: None
Directions: North corner of N Ocean Blvd and Ocean Terrace
Location Tax Legal
Area: 5001
County: Palm Beach
Parcel ID: 50434303030000090
Street #: 1332
Street Dir: N
Street Name: Ocean
Street Suffix: Boulevard
Zip Code: 33480
Legal Desc: OCEAN TERRACE LTS 9 & 9-A
Geo Lat: 26.76104
Geo Lon: -80.037402
Status Change Info
Under Contract Date: 2020-06-02
Sold Date: 2020-07-17
Sold Price: $11,975,000
Terms of Sale: Cash
Sold Price/Acre: 21772727.27
Property Features
Land Use: Single Family
Location: Beach Area
Lot Description: 1/2 to < 1 Acre
Develop Status: Undeveloped
Improvements: Cleared
Utilities Avail: Electric; Public Water
Utilities On Site: Electric Service Available; Public Water; Sewer
Ground Cover: Other
Roads: Paved
Avail Docs: None
Trees: None
Terms Considered: Cash; Conventional
Contingencies: None
Listing Office: Linda A. Gary Real Estate
Last Updated: July - 17 - 2020
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