$5,000,000
Sqft: 4,031
18 Days On Market

Courtesy of Greenfield Waters, LLC

Status: Active
Property Type: Multifamily (5+ Units)
Year Built: 1968
Days On Website: 18

Property Details for 2565 Ocean Boulevard, Palm Beach, FL 33480

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!

Listing

  • Source: Palm Beach
  • List price: $5,000,000
  • MLS ID: 20121115220811115022000000
  • Listing ID: RX-10979087
  • Listing date: 2024-04-17
  • Status: Active
  • For lease?: No
  • $1,240 per square foot
  • None

Building

  • 4,031 total building square feet
  • Built in 1968
  • 3 stories
  • 5 units in build
  • Square footage source: SimpleTemplate
  • Sprinkler
  • Condo
  • Hotel / Motel

Cooling

  • Central

Floors

  • Other

Heating

  • Central

Location

  • County: Palm Beach
  • Subdivision: PALM BEACH WHITEHOUSE

Miscellaneous

  • Electric
  • Cash
  • Other

Property

  • Property type: E
  • Zoning: R-D(1)
  • Waterfront: Yes

Roof

  • Other

Taxes

  • Real estate taxes: $21,301
  • Year: 2023

Utilities

  • Electric

Map View


$5,000,000 - 2565 Ocean Boulevard, Palm Beach, FL 33480

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2565 Ocean Boulevard
Palm Beach, FL 33480
County: Palm Beach

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