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324 Cherry Lane, Palm Beach, FL 33480

$9,200,000

Property Type: Land/Docks Status: Closed

Current Price: $9,200,000 Last Modified: 9/20/2013

Description

Rare intracoastal building opportunity! The last remaining buildable parcel with high elevation and total privacy. Sought after location close to town, stunning views, deep water dock. Survey available.

More Information MLS# RX-3194671

Contract Information

List Price/Acre: 15362318.84 Listing Date: 2011-04-28 Status: Closed Original List Price: 11900000 Sold Price: $9,200,000 Current Price: $9,200,000

General Property Description

Price/Acre: 0 Price/SqFt: 408 Price/Front Feet: 119000 Lot Dimensions: 29192 SF Lot Frontage: 100 Lot Depth: 317 Acres: 0.69 Waterfront: Yes Homeowners Assoc: None Front Exp: West Directions: North Lake Way north to Cherry Lane, left on Cherry. Total Assessed Value: 6702205 LP Per ASV: 1.58 Type: Single Family Detached Subdivision: Cherry Lane

Location, Tax & Legal

Geo Area: PB30 State/Province: FL Short Sale: No Tax Year: 2010 Zoning: Rb Taxes: 127048 # Parcels: 1 Special Assessment: No REO: No Area: 5001 County: Palm Beach Parcel ID: 50434310090000111 Street #: 324 Street Name: Cherry Street Suffix: Lane Zip Code: 33480 Legal Desc: Cherry Lane Lot:11 Blk: Lot SqFt:27411 Frontage:100 Depth:245 Geo Lat: 26.738516 Geo Lon: -80.041256

Office/Member Info

DXORIGMLNO: RX-3194671 DXORIGMLSID: RML

Status Change Info

Terms of Sale: Cash Sold Price/Acre: 13333333.33 Under Contract Date: 2012-04-02 Sold Date: 2012-04-17 Sold Price: $9,200,000

Location

Other: 1

Avail Docs

Aerial: 1 Survey: 1

Land Use

Single Family: 1

Lot Description

1/2 to < 1 Acre: 1

Develop Status

Undeveloped: 1

Improvements

Cleared: 1 Fenced: 1

Utilities Avail

Electric: 1 Municipal Sewer: 1 Public Water: 1

Utilities On Site

Electric Service Available: 1 Municipal Sewer: 1 Public Water: 1

Roads

Paved: 1 Public: 1

Trees

Partially Treed: 1

Terms Considered

Cash: 1 Conventional: 1

Property Features

Land Use: Single Family Location: Other Lot Description: 1/2 to < 1 Acre Develop Status: Undeveloped Improvements: Cleared; Fenced Utilities Avail: Electric; Municipal Sewer; Public Water Utilities On Site: Electric Service Available; Municipal Sewer; Public Water Roads: Paved; Public Avail Docs: Aerial; Survey Trees: Partially Treed Terms Considered: Cash; Conventional

Listing Office: The Corcoran Group

Last Updated: September - 20 - 2013

324 Cherry Lane, Palm Beach, FL 33480- MLS# RX-3194671

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