Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Lot size
1.98 acres
This is the perfect opportunity for a multi-unit beach and oceanfront residential development. The land is zoned HR-8 allowing for up to 8 dwelling units per acre and includes 171' of ocean frontage. The 1.98 acres is comprised of two lots separated by a short stretch of Old Ocean Boulevard, one of the most prestigious old roads in south Florida. There are few remaining lots with this appeal and it represents a rare development opportunity to acquire a residential ocean front site in such a highly desirable ocean access location.According to the Palm Beach County Department of Planning, Zoning & Building, development of up to 18 units is permissible, with potential for an additional 18 by utilizing the bonus density option.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
-
Waterfront YN
YES
-
View
Ocean
Area & Lot
-
Lot Features
City Lot, Waterfront
-
Lot Size(acres)
1.98
-
Property Type
Land
-
Property Sub Type
Single Family Residence
Price
-
Sales Price
$6,895,000
-
Tax Amount
23528.0
-
Zoning
H Reside
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
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Location
County
Palm Beach
Elementary School
Middle School
High School
Listing Courtesy of Steve Presson , The Corcoran Group
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