Bought with William Raveis Palm Beach LLC
$4,800,000
$5,900,000
18.6%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
5 Baths
5,383 SqFt
SOLD DATE : 04/26/2019
Key Details
Sold Price $4,800,000
Property Type Condo
Sub Type Condo/Coop
Listing Status Sold
Purchase Type For Sale
Square Footage 5,383 sqft
Price per Sqft $891
MLS Listing ID RX-10236198
Sold Date 04/26/19
Style Multi-Level,Rustic
Bedrooms 6
Full Baths 5
Construction Status Resale
HOA Y/N No
Year Built 1979
Annual Tax Amount $24,029
Tax Year 2015
Property Sub-Type Condo/Coop
Property Description
This spectacular 1.2 acre direct waterfront site has 100' of seawall, an existing large boat dock, a large pool, an 18' deep dive tank and numerous existing building/structures. Operated as the Scuba Club for over 40 years the sale includes the unique operating licenses to allow for Adventure Trips/Fitness Center use which no longer exists along this portion of the coast line. More importantly the site is approved through the City of West Palm Beach for a beautifully designed 28 unit condominium with unbelievable amenities including multiple private boat docks, roof top decks and two car covered parking, private elevators and a fabulous waterfront swimming pool. You can build your dream home on this site, you can operate a ''club'' type business, or you can build 28 condos!
Location
State FL
County Palm Beach
Area 5420
Zoning MF32HD
Rooms
Other Rooms Cabana Bath, Cottage, Family, Garage Apartment
Master Bath Mstr Bdrm - Ground
Interior
Interior Features None
Heating Zoned
Cooling Zoned
Flooring Tile, Wood Floor
Furnishings Unfurnished
Exterior
Exterior Feature Covered Patio, Deck, Extra Building, Fence, Open Balcony, Open Porch
Parking Features 2+ Spaces, Drive - Circular, Garage - Building
Garage Spaces 2.0
Pool Gunite, Heated
Utilities Available Electric, Electric Service Available, Gas Natural, Public Sewer, Public Water
Amenities Available None
Waterfront Description Directly on Sand,Intracoastal,Navigable,Ocean Access,Seawall
Water Access Desc Electric Available,Marina,Over 101 Ft Boat,Private Dock,Up to 80 Ft Boat,Wake Zone
View Bay, City, Garden, Intracoastal, Lake
Roof Type Other
Exposure West
Private Pool No
Building
Lot Description 1 to < 2 Acres, East of US-1, Freeway Access, Irregular Lot, Paved Road, Public Road, Sidewalks
Story 2.00
Entry Level 1.00
Foundation CBS, Frame, Stucco
Unit Floor 1
Construction Status Resale
Others
Pets Allowed Yes
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional
Horse Property No
Membership Fee Required No
Listing Terms Cash, Conventional
Financing Cash,Conventional
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