2565 S Ocean Boulevard, Palm Beach, FL

$5,000,000

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4,031

Square feet

About 2565 S Ocean Boulevard

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!

Condo/co-op/villa/townhouse property for sale in Palm Beach, FL at 2565 S Ocean Boulevard. This Condo/co-op/villa/townhouse property is priced at $1,240/sqft

Features of 2565 S Ocean Boulevard

MLS® # RX-10979087
Price $5,000,000
Square Footage 4,031
Acres 0.00
Year Built 1968
Type Condo/co-op/villa/townhouse
Sub-Type Hotel/ Motel, Mixed, Other
Style Condo, Hotel / Motel
Status New

Community Information: Palm Beach

Address 2565 S Ocean Boulevard
Area 5004
Subdivision PALM BEACH WHITEHOUSE
City Palm Beach
County Palm Beach
State FL
Zip Code 33480

Amenities of 2565 S Ocean Boulevard

Utilities 3-Phase Electric
Is Waterfront Yes

Interior of 2565 S Ocean Boulevard

Appliances Building Only
Heating Central
Cooling Central
# of Stories 3

Exterior of 2565 S Ocean Boulevard

Lot Description See Remarks
Roof Other

Additional Information On 2565 S Ocean Boulevard

Listing Courtesy of Greenfield Waters, LLC
Date Listed April 17th, 2024
Zoning R-D(1)
RE / Bank Owned No

Listing Details

OfficeGreenfield Waters, LLC

Listing Map

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