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 

All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

©2024 Association of Palm Beaches. All rights reserved. 

Data last updated 1:56 PM UTC, 5/9/2024

 

Powered byLuxury Presence