$18,500,000
North Palm Beach, FL 33408
MLS# RX-10868238
Status: Closed
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Property Description
Incredible development opportunity at Ellison Wilson just south of PGA Blvd. Over 2.4 Acres located directly adjacent to the new Ritz Carlton Residences Palm Beach Gardens. Property has more than 240 feet of waterfront along the intracoastal waterway. Structures on property subject to Demolition/Teardown.
Details
Maps
Contract Information
Listing Date: 2023-02-22
Status: Closed
Original List Price: 25000000
Auction: No
Sold Price: $18,500,000
Current Price: $18,500,000
List Price/Acre: 10416666.66
Comm/Non-Rep: 2%
Comm/Buyer Agent: 2%
Comm/Trans Brk: 2%
General Property Description
Type: Single Family Detached
Lot SqFt: 171374
Acres: 2.4
Waterfront: Yes
Min Lv SqFt Rstrct: 8719
Subdivision: Ellison Wilson
Front Exp: West
Homeowners Assoc: None
Directions: PGA Blvd east to Ellison Wilson, South on Ellison Wilson.
Location, Tax & Legal
Area: 5250
Geo Area: PB28
Country: United States
County: Palm Beach
Parcel ID: 00434205000005550
Street #: 11309
Street Name: Ellison Wilson
Street Suffix: Road
State/Province: FL
Zip Code: 33408
Legal Desc: 5-42-43, NLY 241.63 FT OF SLY 437.49 FT OF NE 1/4 OF SE 1/4 LYG E OF & ADJ TO INTRACOASTAL WATERWAY CANAL R/W (LESS E 33
Zoning: RM
Tax Year: 2022
Taxes: 7103.3
Special Assessment: No
Short Sale: No
Short Sale A/U: N/A
Short Sale Addendum: No
REO: No
Geo Lat: 26.841642
Geo Lon: -80.065156
Office/Member Info
DXORIGMLNO: RX-10868238
DXORIGMLSID: RML
Status Change Info
Under Contract Date: 2023-04-20
Sold Date: 2023-10-02
Sold Price: $18,500,000
Terms of Sale: Cash
Sold Price/Acre: 7708333.33
Property Features
Land Use: Single Family
Location: Other
Lot Description: 2 to < 3 Acres
Develop Status: Recorded Plat
Improvements: Home
Utilities Avail: Public Water
Utilities On Site: Electric Service Available
Waterfront Details: Intracoastal
View: Intracoastal
Ground Cover: Other
Roads: City/County Maint.
Avail Docs: Aerial
Trees: Other
Terms Considered: Cash
Possession: At Closing
Contingencies: None
Listing Office: Sotheby's Intl. Realty, Inc.
Last Updated: October - 03 - 2023
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