2565 S Ocean Blvd

$5,000,000, 4,031 Sqft

About This Property

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!

Essential Information

MLS® #RX-10979087
Price$5,000,000
Square Footage4,031
Acres0.00
Year Built1968
TypeCommercial
Sub-TypeMixed, Hotel/ Motel, Other
StyleCondo, Hotel / Motel
StatusActive

Community Information

Address2565 S Ocean Blvd
Area5004
SubdivisionPALM BEACH WHITEHOUSE
CityPalm Beach
CountyPalm Beach
StateFL
Zip Code33480

Amenities

Utilities3-Phase Electric
Is WaterfrontYes

Interior

AppliancesBuilding Only
HeatingCentral
CoolingCentral
# of Stories3

Exterior

Lot DescriptionSee Remarks
RoofOther

Additional Information

ZoningR-D(1)

Listing Details

OfficeGreenfield Waters, LLC

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2565 S Ocean Blvd, Palm Beach (MLS® #RX-10979087) Property History

Status Changed from New to Active

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2024 BeachesMLS, Inc.

Listing information last updated on May 6th, 2024 at 5:30am CDT.

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