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2565 S Ocean Boulevard

Palm Beach, FL 33480

FOR

SALE

$5,000,000

For Sale

1968

Yr. Built

MLS# RX-10979087

Cumulative Days on Market: 16 (since April 17th, 2024) Data provided by the MLS.

Property Details

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!

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Property Highlights

Status

For Sale

MLS Status

Active

Price

$ 5,000,000

Property Type

Commercial

Property Subtype

MultiFamily (5+ Units)

Year Built

1968

Location

Subdivision

Palm Beach Whitehouse

County

Palm Beach

Waterfront

Yes

Heating, Cooling & Utilities

Heat

Central

Cooling

Central

Utilities

Electric

Features

Flooring

Other

Building Details

Type of Building

Condo, Hotel / Motel

Roofing

Other

Lot

Zoned

R-D(1)

Taxes & Terms

Terms

Cash, Other

Lease Term

None

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Listed by Greenfield Waters, LLC

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Property History

16 days ago

Property information last updated

16 days ago

Status Active. This is the date the listing was placed on market.

NOTE: Cumulative Days on Market: 16. Data provided by the MLS.

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All rights reserved. Information deemed reliable but not guaranteed. All listings featuring the RPBGFL MLS logo are provided by the Realtors of the Palm Beaches and Greater Fort Lauderdale, Inc. and Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Realtors of the Palm Beaches and Greater Fort Lauderdale, Inc. and Beaches MLS, Inc.

Listing Data last updated: 05/04/2024 03:15 PM

2565 S Ocean Boulevard - MLS#RX-10979087 - $5,000,000

Listed by Greenfield Waters, LLC, Eric Gunther

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