Bought with Douglas Elliman (Palm Beach)
$5,800,000
$5,950,000
2.5%For more information regarding the value of a property, please contact us for a free consultation.
4708/4714 N Flagler DR West Palm Beach, FL 33407
Key Details
Sold Price $5,800,000
Property Type Vacant Land
Sub Type Commercial Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID RX-10645128
Sold Date 11/16/20
HOA Y/N No
Annual Tax Amount $66,276
Tax Year 2019
Property Description
One of the best Opportunity Zone properties in the US in the heart of Palm Beach County! Currently approved for 28 large 3 bedroom and 3.5 bath condos w/ 7 boat docks. The 7 Penthouse's have rooftop terraces with spectacular Intracoastal water views. The property is 1.23 acres and has 100' of waterfront. It could also be subdivided into two waterfront buildable single family lots. The deep water dock can accommodate a very large vessel. The property has over 230' of submerged land ownership making this one of the best waterfront parcels available in all of SE Florida. No fixed bridges to the Ocean Inlet at the north end of Palm Beach and just a few hundred feet from one of the largest yacht marinas in the world which is approved for over 1000 units and a state of the art Marina Village!
Location
State FL
County Palm Beach
Area 5420
Zoning MF32
Exterior
Garage Spaces 39667.0
Community Features Comforms to Zoning
Utilities Available Electric, Electric Service Available, Gas, Municipal Sewer, Public Water, Sewer
Waterfront Description Intracoastal,Lake,Navigable,No Fixed Bridges,Ocean Access,Seawall
Water Access Desc Boat Lock,Over 101 Ft Boat,Parking,Private Dock,Water Available
View City, Intracoastal
Present Use Comforms to Zoning
Exposure West
Building
Lot Description 1 to < 2 Acres, Freeway Access, Irregular Lot, Public Road, Sidewalks
Story 400.00
Others
Acceptable Financing Cash, Conventional, Exchange
Horse Property No
Listing Terms Cash, Conventional, Exchange
Financing Cash,Conventional,Exchange
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