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2565 Ocean, Palm Beach, FL 33480

Commercial For Sale
$5,000,000

BTC: 76.17262423

ETH: 1,706.48464164

30 days
Waterfront
0 room(s)
4,031 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

EXTRAORDINARILY RARE opportunity for a developer of luxury condominiums or hotels!! 5 units (2 are combined as 1 currently) giving veto power against any other developer for the owner/buyer. This leverage is the first step in acquiring both buildings for a new project likely to be luxury condominiums or a hotel as mentioned based on permitting and approval. Buildings approaching 60 years and one of the first condominium complexes on this strip. This the IDEAL project for a SERIOUS developer or hotel looking for 33480 Palm Beach LOCATION and leverage to create a new oceanfront and Intracoastal views landmark!

Location

Florida • Palm Beach • 33480 • Commercial • For Sale • Waterfront

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1968
Lot:
No Data
Heating:
No Data
Price/sqft:
$1,240
Cooling:
No Data
HOA:
No Data
All facts and features

  • Other Property Information

    • Parcel Number: 50434411040003240

    • Zoning: R-D(1)

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family

  • Other financial information

    • Annual tax amount: $21,301

  • Source details

    • MLS ID: RX-10979087

    Other facts

    • Direction Faces: Palm Beach 33480 in between the Atlantic Ocean and Intracoastal.

    • Waterfront: Yes

    • Garage: Yes

    • Living Area: 4031

    • Subdivision Name: PALM BEACH WHITEHOUSE

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The multiple listing information is provided by the Beaches MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Beaches MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Greenfield Waters, LLC