2565 S Ocean Boulevard, Palm Beach, FL 33480

1968

YEAR BUILT

$5,000,000

LISTING PRICE

MultiFamily (5+ Units)

TYPE

MLS#: RX-10979087

Type of Building: Condo and Hotel / Motel


For More Information Call:

561-283-4663

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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This listing is courtesy of Greenfield Waters, LLC. Real Estate and Luxury homes in Boca Raton, Delray Beach, Deerfield Beach, Juno Beach, 0 Lake Worth, Palm Beach Gardens, West Palm Beach and surrounding areas in Palm Beach County and South Florida. Property Listing Data contained within this site is the property of Brevard MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.

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  • Available DocumentsAbstract
  • Available InformationBy-Laws & Docs and Full Financials
  • CityPalm Beach
  • CoolingCentral
  • CountyPalm Beach
  • DirectionsPalm Beach 33480 in between the Atlantic Ocean and Intracoastal.
  • Fire ProtectionSprinkler
  • FlooringOther
  • For LeaseNo
  • For SaleYes
  • HeatingCentral
  • LeaseNone
  • Legal DescriptionSee Broker Remarks
  • List Price$5,000,000
  • List Price/SqFt$1,240.39 / sqft
  • Listing DateWednesday, April 17th, 2024
  • Listing IDRX-10979087
  • Listing Price$5,000,000
  • Listing StatusActive
  • Number of Stories3
  • Percent Air Conditioned100%
  • PossessionFunding
  • Property DescriptionSee Remarks
  • Property TypeCommercial
  • Real Estate Taxes$21,301
  • RoofOther
  • Sale IncludesBuilding Only
  • SqFt SourceTax Rolls
  • State/ProvinceFL
  • StatusActive
  • Status Change DateWednesday, April 17th, 2024
  • Street NameOcean
  • SubdivisionPalm Beach Whitehouse
  • Tax Year2023
  • Tenant PaysElectric
  • Terms ConsideredCash and Other
  • Total Building SqFt4,031 sqft
  • Total Units in Building5
  • TypeMultiFamily (5+ Units)
  • Type of BuildingCondo and Hotel / Motel
  • UtilitiesElectric
  • Virtual TourYes
  • WaterfrontYes
  • Year Built1968
  • Zip Code33480
  • ZoningR-D(1)

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