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.
| Website: | https://www.nestseekers.com/5601931 |
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| Address: | Palm Beach, FL 33480 |
| Ownership: | For Sale |
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| Type: | Unknown |
| Lot Size: | 0.6 Acres |
Financials
Price:$48,000,000
Annual Taxes:$158,249
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
Deborah L. Ginsburg 150 Worth Ave, Palm Beach, FL 33480 Phone: +1 561-725-9229 | |
| Listing Courtesy of The Corcoran Group | |