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.


Property

Website:https://www.nestseekers.com/5601931
Address:
Palm Beach, FL 33480
Ownership: For Sale
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

Contact

Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Listing Courtesy of The Corcoran Group

Palm Beach FL 33480 USA