Palm Beach, FL 33480

Property

Ownership: For Sale
Type: Unknown
Lot Size: 0.6 Acres

Financials

Price:$48,000,000
Annual Taxes:$158,249
Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Listing Courtesy of The Corcoran Group

A once in a generation opportunity to own develop one of Palm Beaches most extraordinary oceanfront properties 1426 N Ocean Blvd and 1431 N Ocean Way.

    Description

    A once-in-a-generation opportunity to own/develop one of Palm Beaches most extraordinary oceanfront properties (1426 N Ocean Blvd and 1431 N Ocean Way). Offered at $48 million. This rare estate property combines an unrivaled coastal setting with exceptional flexibility making it equally compelling as a private family compound or world-class development opportunity. For those seeking to create a signature oceanfront estate this expansive parcel presents an extraordinary canvas to design and build a landmark residence in one of the worlds most prestigious locations. Offers immediate enjoyment/or the opportunity to generate more than one million in annual income per year from the existing residence while you design and permit your dream oceanfront estate.

    Amenities

    • 1/2 Acre to 1 Acre
    • Electric at Site
    • Electric Available
    • Natural Gas Available
    • Ocean-Across Street
    • Ocean-Direct
    • Water Available

    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.