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3050 S Ocean Boulevard, Lantana, FL 33462

$9,850,000
Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 9,000 Lot Size (sq. ft.): 54,885 Status: Closed
Current Price: $9,850,000 List Date: 3/31/2021 Last Modified: 6/17/2021

Description

This is an exceptional value at just $9.5M per acre. Incredible opportunity to build your Oceanfront dream home on this 1.27 acre Ocean to Intracoastal property in the exclusive enclave of Manalapan. New building ordinances allow for a home to be built on the Oceanfront parcel. This Ocean to Intracoastal property is a true boater's paradise allowing immediate access to the Atlantic Ocean through the South Palm Beach Inlet located only 3 minutes away. There is, also, the potential for developing sheltered dockage within or adjacent to the protected cove on the intracoastal side.

More Information MLS# 21-532

Contract Information

Current Price: $9,850,000 List Date: 2021-03-30 List Price/SqFt: 1216.67 Sold Price: $9,850,000 Exclusive: Right Photo to be Supplied: File Copy Photo Lease restrictions after closing: No

Location, Tax & Legal

Parcel Control #: 42434510010000052 Street #: 3050 St Dir Pfx: S Street Name: Ocean Street Suffix: Boulevard Municipality: Lantana Area: 06 - Manalapan Pt & Hypoluxo Island State/Province: FL Zip Code: 33462 Subdivision: Gedney VS Pierso County: Palm Beach Certified Flood Elev: Yes Certified Survey: Yes Legal: COMMISSIONERS MAP GEDNEY VS PIERSON CHANCERY # 8802 PT N 70 FT OF S 140 FT OF TR 5 Zoned: 0100 SINGLE FAMILY - GENERAL Homestead Exempt: Yes Taxes: 51381.79 Tax Year: 2020 Geo Lat: 26.547522 Geo Lon: -80.043149

General Property Description

Lot SqFt: 54885 Lot Dim (1): 70 Realtor.COM Type: Residential - Single Family Sub Type: Single Family Residence Living Area: 7000 SqFt Total: 9000 # of Bedrooms: 5 # of Baths: 5 Half Baths: 1 Year Built: 1943 Pool: No Waterfront: Yes

Status Change Info

Status: Closed Under Contract Date: 2021-04-29 Sold Date: 2021-06-16 Sold Price: $9,850,000

Property Features

Waterfront: Intracoastal-Direct; Ocean-Direct Exposure: East; West Pool: Pool Dock: Concrete Lot Size: 1 to 3 Acres Landmark: No Landmarks Style: Other Style Construction: Other Construction Roof: Other Floors: Hardwood Windows: Other Garage: 2 Car AC/Heat: Central Air; Central Heat Water/Sewer: Septic HOA: None Terms: Cash Terms; Conventional Mtg Occupancy: Occupancy At Closing
Listing Office: Douglas Elliman
Last Updated: June - 17 - 2021
3050 S Ocean Boulevard, Lantana, FL 33462- MLS# 21-532
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