Shovel Ready. A truly unprecedented opportunity to create one of South Florida's most significant waterfront estates.
| Website: | https://www.nestseekers.com/5593322 |
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| Address: | Manalapan, FL 33462 |
| Ownership: | For Sale |
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| Type: | Unknown |
| Lot Size: | 1.3 Acres |
Financials
Price:$44,999,000
Annual Taxes:$178,110
Description
Shovel Ready. A truly unprecedented opportunity to create one of South Florida's most significant waterfront estates. 1.3 acres are offered with fully approved plans, this exceptional ocean-to-Intracoastal property allows for the construction of a 20,000+ square-foot estate on one of only 35 direct ocean-to-Intracoastal parcels in Manalapan.
What makes this offering extraordinarily rare is its unique approval structure. Only two properties in all of Manalapan are currently entitled to construct a primary residence on the ocean side and a separate lakeside dwelling on the Intracoastal side. This property is one of those two, making it among the most exclusive development opportunities in the country.
The approved plans include a magnificent oceanfront main residence, a 1,250-square-foot lakeside guest house, and private dockage directly on the Intracoastal Waterway, creating the ultimate multi-structure waterfront compound. The approvals save approximately 18 months of state, town, and environmental permitting, providing a substantial advantage in both time and value. A purchaser may also explore the potential for a private tunnel connection between the ocean and Intracoastal components.
With sweeping sunrise views over the Atlantic, spectacular sunsets across the Intracoastal, and unmatched development rights, this is a generational opportunity to build a legacy estate that may never be replicated in Manalapan.
Amenities
- 1 to 3 Acres
- Intracoastal-Direct
- Ocean-Direct
- Ocean to Lake
Deborah L. Ginsburg 150 Worth Ave, Palm Beach, FL 33480 Phone: +1 561-725-9229 | |
| Listing Courtesy of Douglas Elliman | |