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1875 S Ocean Boulevard, Delray Beach, FL 33483

$4,750,000

Property Type: Land/Docks Status: Closed

Current Price: $4,750,000 Last Modified: 5/14/2014

Description

OCEAN FRONT, WIDE BEACH: PROPERTY IS CURRENTLY A 23 UNIT MOTEL KNOWN AS ''THE BREAKER'' ZONED RM 23 MULTIFAMILY UNITS OR UP TO 10 SINGLE FAMILY RES - MINIMUM 8,000SF LOTS; HEIGHT RESTRICTION 35 FT; READY FOR REDEVELOPMENT

More Information MLS# RX-3232445

Contract Information

List Price/Acre: 9950000 Listing Date: 2011-10-14 Status: Closed Original List Price: 19900 Sold Price: $4,750,000 Current Price: $4,750,000

General Property Description

Price/Acre: 9950000 Price/SqFt: 228 Price/Front Feet: 92233 Lot Dimensions: 206*359*365*186 Lot Frontage: 206 Lot Depth: 186 Acres: 2 Waterfront: Yes Waterfrontage: 206 Homeowners Assoc: None Front Exp: East Directions: LINTON BLVD EAST TO S OCEAN BLVD SOUTH Subdivision: none

Location, Tax & Legal

Geo Area: PB05 State/Province: FL Short Sale: No Tax Year: 2011 Zoning: RM Taxes: 109739 # Parcels: 1 Special Assessment: No REO: No Area: 4140 County: Palm Beach Parcel ID: 12434628000001070 Street #: 1875 Street Dir: S Street Name: Ocean Street Suffix: Boulevard Zip Code: 33483 Geo Lat: 26.437343 Geo Lon: -80.062083

Office/Member Info

DXORIGMLNO: RX-3232445 DXORIGMLSID: RML

Status Change Info

Terms of Sale: Cash Sold Price/Acre: 2375000 Under Contract Date: 2012-02-29 Sold Date: 2012-03-01 Sold Price: $4,750,000

Location

Beach Area: 1

Avail Docs

None: 1

Land Use

Multi-Family Med Den: 1 Single Family: 1

View

Ocean: 1

Waterfront Details

Oceanfront: 1

Lot Description

Public Road: 1

Develop Status

Recorded Plat: 1

Comp Plan Use

Other: 1

Improvements

None: 1

Utilities Avail

Electric: 1 Public Water: 1

Utilities On Site

Electric Service Available: 1 Public Water: 1

Miscellaneous

Clearing Required: 1

Roads

Public: 1

Trees

Partially Treed: 1

Terms Considered

Cash: 1 Conventional: 1

Property Features

Land Use: Multi-Family Med Den; Single Family Location: Beach Area Lot Description: Public Road Develop Status: Recorded Plat Comp Plan Use: Other Improvements: None Utilities Avail: Electric; Public Water Utilities On Site: Electric Service Available; Public Water Waterfront Details: Oceanfront View: Ocean Roads: Public Miscellaneous: Clearing Required Avail Docs: None Trees: Partially Treed Terms Considered: Cash; Conventional

Listing Office: Touchstone-Webb Realty Co.

Last Updated: May - 14 - 2014

1875 S Ocean Boulevard, Delray Beach, FL 33483- MLS# RX-3232445

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