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123 Chilean Avenue, Palm Beach, FL 33480

$6,600,000
Property Type: Land & Docks Status: Closed
Current Price: $6,600,000 List Date: 3/28/2024 Last Modified: 3/13/2026

Description

LAND ONLY with ARCOM APPROVED PLANS. Midtown Ocean Block with Beach Access. Conveniently Located Near Worth Avenue, Shopping, Restaurants, Palm Beach Luxury Marina, Intracoastal, Atlantic Ocean, Colony Hotel and So Much More! Spectacular location ready for NEW BUILD Single Family Quintessential Palm Beach Two Story Home with Open Living Floor Plan. Separate Cabana/Bedroom. SKA Architect + Planner. PERFECT OPPORTUNITY to CUSTOMIZE the Finishes. Complete with elevator and generator planning. *Measurements based upon architect's plans, approximate.

More Information MLS# R10972710

Contract Information

Comp Sale YN: No LP/Frontage: 148000 Listing Contract Date: 2024-03-26 Status: Closed Original List Price: 8400000 Sold Price: $6,600,000 Current Price: $6,600,000

Location and Legal

County Or Parish: Palm Beach County Parish Name: Palm Beach City Name: Palm Beach Postal Zip: 33480 Geographic Area: PB30 Multiple Offers Accepted: No Country: United States Street Number: 123 Street Name: Chilean Street Suffix: Avenue State Or Province: FL Postal Code: 33480 Subdivision Name: ROYAL PARK ADD TO P B IN Area: 5002 Parcel Number: 50434323050080311 Zoning: Residential Directions: 2 blocks North of Worth Avenue and S. Ocean Boulevard. Property is located one building from S. Ocean Boulevard and Beach. Between Royal Palm Way Bridge and Southern Bridge in Palm Beach.

General Property Information

Lot Depth: 125 Lot Frontage: 50 Property Sub Type: Unimproved Land Direction Faces: North

Office/Member Information

DXORIGMLSID: RML

Status Change Information

Buyer Financing: Cash Major Change Timestamp: 2025-04-15T13:37:01Z Major Change Type: Status Change Price Change Timestamp: 2024-10-04T19:37:40Z Status Change Date: 2025-04-15 Under Contract Date: 2025-03-21 Close Date: 2025-04-15 Close Price: 6600000

Association Amenities

None: 1

Short Sale Details

Short Sale Addendum: No

Documents Available

Aerial: 1 Building Plan: 1

Comprehensive Plan Use

Other: 1

Current Use

Single Family: 1

Development Status

Raw Land: 1

Location of Property

Other: 1

Possession

Close Of Escrow: 1

Possible Use

Single Family: 1

Trees

None: 1

Utilities

Cable Available: 1 Natural Gas Available: 1 Phone Available: 1 None: 1 Other: 1

Vegetation

Grassed: 1

View

Other: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Cleared: 1 Other: 1

Road Surface Type

Paved: 1

Showing Requirements

Call Listing Agent: 1

Contingencies

None: 1

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Price Calculations

Original List Price To Close Price: 1.27

Acreage Description

Less Than 1/4 Acre Lot: 1

Financial Information

Tax Year: 2023 Tax Annual Amount: 51910.8 Tax Legal Description: ROYAL PARK ADD E 10 FT OF LT 31, LT 32 & W 15 FT OF LT 33 BLK 8

Originating Details

Originating System Key: 20240327214158839509000000 Originating System ID: M00000170

Property Features

Association Amenities: None Comprehensive Plan Use: Other Current Use: Single Family Development Status: Raw Land Documents Available: Aerial; Building Plan Location of Property: Other Possession: Close Of Escrow Possible Use: Single Family Trees: None Utilities: Cable Available; Natural Gas Available; Phone Available; None; Other Vegetation: Grassed View: Other Listing Terms: Cash; Conventional Lot Features: Cleared; Other Road Surface Type: Paved Showing Requirements: Call Listing Agent Contingencies: None Acreage Description: Less Than 1/4 Acre Lot
Listing Office: Douglas Elliman
Last Updated: March - 13 - 2026
123 Chilean Avenue, Palm Beach, FL 33480- MLS# R10972710
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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