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2565 S Ocean Boulevard, Palm Beach, FL 33480 (MLS # RX-10979087)

Price $5,000,000
Status Active
Size 4,031 sqft
Lot Size n/a
Days on Market 13
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!
Property Type(s): Commercial
Last Updated 4/17/2024 Tract PALM BEACH WHITEHOUSE
Year Built 1968 County Palm Beach

Additional Details

AIR Central Air
AIR CONDITIONING Yes
BUYER'S BROKERAGE COMPENSATION 3.0
HEAT Central
LOT DESCRIPTION Waterfront
STORIES 3
SUBDIVISION PALM BEACH WHITEHOUSE
TAXES 21301
ZONING R-D(1)
 

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Listing provided by Eric Gunther, Greenfield Waters, LLC
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Data last updated: 4/30/24 1:44 AM PDT.

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