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721 S Ocean Boulevard, Manalapan, FL 33462

$5,850,000
Property Type: Land/Docks Status: Closed
Current Price: $5,850,000 Last Modified: 5/01/2019

Description

Direct Ocean-to-Intracoastal property ready for immediate construction. This vacant property is located among the estate section of Manalapan which consists of only 28 direct ocean-to-intracoastal homes. **DETAILS CONTINUED BELOW** Plans for a 14,0000 square foot residence already approved for this property (see above photos for the rendering of the proposed home). There are additional oceanfront-to-intracoastal parcels next door should the buyer so desire. This property sits at a towering 23' above sea level, and is protected by a concrete and steel seawall along with a privacy wall. This property can accomodate a yacht up to approximately 120'. Manalapan is only 15 minutes from; Palm Beach International Airport, private executive airports, Worth Aven... (see supplement for full remarks

Supplements: Direct Ocean-to-Intracoastal property ready for immediate construction. This vacant property is located among the estate section of Manalapan which consists of only 28 direct ocean-to-intracoastal homes. **DETAILS CONTINUED BELOW**Plans for a 14,0000 square foot residence already approved for this property (see above photos for the rendering of the proposed home). There are additional oceanfront-to-intracoastal parcels next door should the buyer so desire. This property sits at a towering 23' above sea level, and is protected by a concrete and steel seawall along with a privacy wall. This property can accomodate a yacht up to approximately 120'. Manalapan is only 15 minutes from; Palm Beach International Airport, private executive airports, Worth Avenue in Palm Beach, and Atlantic Avenue in Delray Beach. Residents enjoy private deeded club privileges at the prestigious Ritz Carlton Hotel in Palm Beach, boasting an all new 42,000 sq. ft. world-class spa.Taxes not yet determined by Palm Beach County, the taxes will be determined once the subdivision is approved and the sales price is recorded. This subdivision must be approved by the appropriate authorities including but not limited to Local, State, and Federal governing bodies. All dimensions are approximate, and the buyer should order a survey to verify said measurements.

More Information MLS# RX-3076261

Contract Information

List Price/Acre: 5390625 Listing Date: 2010-01-01 Status: Closed Original List Price: 9490000 Sold Price: $5,850,000 Current Price: $5,850,000

General Property Description

Price/Acre: 5390625 Price/SqFt: 123.75 Price/Front Feet: 57500 Lot Dimensions: 150x453 Lot Frontage: 150 Lot Depth: 453 Acres: 1.6 Waterfront: Yes Waterfrontage: 150 Homeowners Assoc: None Front Exp: West Directions: A1A, less than a quarter mile south of the Ritz Carlton Palm Beach Type: Single Family Detached Subdivision: Hypoluxo Beach Map 1

Location, Tax & Legal

Geo Area: PB11 State/Province: FL Short Sale: No Zoning: SFR # Parcels: 1 Special Assessment: No REO: No Area: 4110 County: Palm Beach Parcel ID: 42434502010000031 Street #: 721 Street Dir: S Street Name: Ocean Street Suffix: Boulevard Zip Code: 33462 Geo Lat: 26.578405 Geo Lon: -80.038618

Office/Member Info

DXORIGMLNO: RX-3076261 DXORIGMLSID: RML

Status Change Info

Terms of Sale: Cash Sold Price/Acre: 3656250 Under Contract Date: 2010-12-23 Sold Date: 2010-12-30 Sold Price: $5,850,000

Location

Beach Area: 1

Avail Docs

Aerial: 1

Land Use

Single Family: 1

View

Intracoastal: 1 Ocean: 1

Waterfront Details

Intracoastal: 1 Navigable: 1 Ocean Access: 1 Oceanfront: 1 Seawall: 1

Lot Description

1 to < 2 Acres: 1 3 to < 5 Acres: 1

Develop Status

Unrecorded Plat: 1

Improvements

Cleared: 1 Fenced: 1 Filled: 1

Utilities Avail

Cable: 1 Electric: 1 Phone Line: 1 Public Water: 1 Septic Sewer: 1

Utilities On Site

Electric Service Available: 1 Public Water: 1

Roads

Paved: 1 Public: 1 State Road: 1

Boat Services

Dock Available: 1 Over 101 Ft Boat: 1

Soil Type

Dirt: 1 Sand: 1

Trees

Other: 1

Usage

Unimproved Sing Fami: 1

Terms Considered

Cash: 1 Conventional: 1

Elev at Sea Leval

20+ Ft: 1

Property Features

Land Use: Single Family Location: Beach Area Lot Description: 1 to < 2 Acres; 3 to < 5 Acres Develop Status: Unrecorded Plat Improvements: Cleared; Fenced; Filled Utilities Avail: Cable; Electric; Phone Line; Public Water; Septic Sewer Utilities On Site: Electric Service Available; Public Water Waterfront Details: Intracoastal; Navigable; Ocean Access; Oceanfront; Seawall View: Intracoastal; Ocean Roads: Paved; Public; State Road Avail Docs: Aerial Boat Services: Dock Available; Over 101 Ft Boat Soil Type: Dirt; Sand Trees: Other Usage: Unimproved Sing Fami Elev at Sea Leval: 20+ Ft Terms Considered: Cash; Conventional
Listing Office: Reback Realty, Inc
IDX
Last Updated: May - 01 - 2019
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