Active
2565 S Ocean Boulevard
Palm Beach FL, 33480
$5,000,000
Active
Commercial
Built in 1968
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!
R10979087
MLSⓇ ID
April 17, 2024
Listed
May 9, 2024
Updated
Map
2565 S Ocean Boulevard
Palm Beach FL, 33480
Interior Features
Total Stories
3
Floor Description
Other
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Roof
Other
Other Property Details
Area Name
5004
Taxes
$21,301
Tax Frequency
Annually
Garage
No
View
No
County
Palm Beach County
Pool
No
Waterfront
Yes
Buyer Agency Compensation
3.0%
Listed by: Greenfield Waters, LLC
Listing Contact: (561) 400-8474
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Data last updated 1:56 PM UTC, 5/9/2024