$23,525,250
Palm Beach, FL 33480
MLS# R10717345
Status: Closed

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Property Description
Rare oceanfront double-lot in the North End, including adjacent property 1287 N. Ocean Way. Enjoy 28,157 SF of beachfront land to build a 10,000± SF estate or renovate the current properties for a compound sitting on more than half an acre.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2021-05-18
Status: Closed
Original List Price: 19950000
Sold Price: $23,525,250
Current Price: $23,525,250
LP/Acre: 38675742.57
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 1285
Street Direction Prefix: N
Street Name: Ocean
Street Suffix: Boulevard
City Name: Palm Beach
State Or Province: FL
Postal Code: 33480
Postal Zip: 33480
Subdivision Name: BELLO LIDO RESUB
Area: 5001
Geographic Area: PB30
Parcel Number: 50434303070000050
Zoning: R-B(ci
Directions: North on N Ocean Blvd until Kenlyn Road
General Property Information
Property Sub Type: Unimproved Land
Lot Size Acres: 0.65
Lot Size Square Feet: 28157
Waterfront YN: 1
Direction Faces: East
LP/SqFt: 887.88
Status Change Information
Major Change Timestamp: 2022-03-04T19:44:28Z
Major Change Type: Status Change
Price Change Timestamp: 2021-10-05T17:18:13Z
Status Change Date: 2022-03-04
Under Contract Date: 2021-12-03
Close Date: 2022-03-04
Close Price: 23525250
Buyer Financing: Cash
SP/Acre: 36394260.52
Short Sale Details
Short Sale Addendum: No
Price Calculations
Original List Price To Close Price: 0.84
Financial Information
Tax Year: 2020
Tax Annual Amount: 82903.6
Tax Legal Description: BELLO LIDO RESUB LT 5
Originating Details
Originating System Key: 20210518181232087122000000
Originating System ID: M00000170
Property Features
Current Use: Single Family
Development Status: Recorded Plat
Documents Available: Survey
Electric: Three Phase
Location of Property: Beach Access
Possible Use: Single Family
Sewer: Public Sewer
Trees: Other
Utilities: Cable Available; Electricity Available; Sewer Available; Water Available
Vegetation: Grassed
Listing Terms: Cash; Conventional
Lot Features: Home
Road Surface Type: Paved
Water Source: Public
Water View: Ocean
Waterfront Features: Ocean Front
Showing Requirements: Call Listing Agent
Contingencies: None
Acreage Description: 1 To Less Than 2 Acre Lot
Listing Office: Brown Harris Stevens of PB

Last Updated: May - 19 - 2026
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