Overview
Closing Costs Calculator- Status: Active
- Parking No info
- Size: No info
- Price Per: $1,240.00 ft2/No info m2
- Type: Commercial/Investment
- Built: 1968
- HOA: No info
- MLS Number: RX-10979087
- View No info
- On Site: 19 days
- Updated: 19 Days Ago
- Page Views: 6
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!
Contact AdvisorPrice History
Date | Event | Price | Change Rate | Price Per |
---|---|---|---|---|
04/17/2024 | Listed | $5,000,000.00 | $1,240.39 ft2/$13,351.42 m2 |
Features
Property Details for 2565 S Ocean, Palm Beach, FL 33480
- Bedrooms
- Bedrooms: No info
- Bedroom Description: No info
- Bathrooms
- Full Bathrooms:
- Half Bathrooms: No info
- Master Bathroom Description: No info
- Exterior and Lot Features
- Exterior Features: No info
- View: No info
- Interior, Heating and Cooling
- Interior Features: No info
- Appliances: No info
- Heating Description: Central
- Cooling Description: No info
- Building and Construction
- Floor Description: Other
- Windows/Treatment: No info
- Construction Type: No info
- Year Built: 1968
- Waterfront and Water Access
- Waterfront Property: Yes
- Waterfront Frontage: No info
- Waterfront Description: No info
- Water Access: No info
- Water Description: No info
- School Information
- Elementary School: No info
- Middle School: No info
- High School: No info
- Other Property Info
- Community Name: No info
- Subdivision Name: No info
- Property Type: Commercial/Investment
- Property Subtype: MultiFamily (5+ Units)
- Type of Association: Homeowners
- Garage Spaces: No info
- Listing Date: 04/17/2024
- Area: 5004
- Brokered By: Greenfield Waters, LLC
- Legal Description: See Broker Remarks
- Taxes, Fees & More
- Maintenance/HOA Fees: No info
- Taxes (PLEASE NOTE THAT: Property taxes on resale can vary and prorated at approximately 2.0% of the purchase price and/or assessed market value. Tax rates differ between municipalities and may vary depending on location and usage): $21,301.00 (2023)
- Type of building: Condo, Hotel / Motel
- Occupancy Information: No info
- Occupancy Percentage: No info
- Property Type Description: See Remarks
- Parking Description: No info
- Parking Spaces: No info
- Number of Units: 5
- Number of Floors: No info
- Number of Stories: 3
- Zoning Information: R- D(1)
- Total Acreage: 0.00
- Acreage Description: No info