Palm Beach Double Lot With Approved House Plans Sells for $16 Million, Now Listed at $21 Million
February 5, 2025 - 18:58
The vacant double lot located at 1150 N. Ocean Way in Palm Beach has recently changed hands for a substantial $16 million. This prime piece of real estate comes with town-approved plans for a luxurious residence, making it an attractive investment for potential buyers. Following the sale, the property has been relisted at an impressive $21 million, reflecting the rising demand for high-end properties in the area.
The lot's strategic location and the inclusion of approved architectural plans enhance its appeal, offering buyers a unique opportunity to build their dream home in one of the most coveted neighborhoods. Palm Beach has long been known for its opulent lifestyle, stunning ocean views, and exclusive amenities, making properties like this one highly sought after.
As the real estate market continues to thrive, this double lot serves as a testament to the enduring allure of Palm Beach, drawing interest from affluent buyers looking to invest in a luxurious coastal lifestyle.
MORE NEWS
November 1, 2025 - 03:38
Real Estate Brands Face Challenges Amidst Tough Housing MarketSales for real estate brands listed in the Franchise Times’ Top 400 saw a slight increase of less than 1 percent, reflecting the ongoing challenges in the housing market. This modest growth comes...
October 31, 2025 - 13:07
Recent Business Developments Across Sonoma, Solano, Napa, Marin, and Lake CountiesA variety of businesses are actively leasing and acquiring properties across Sonoma, Solano, Napa, Marin, and Lake counties, signaling a dynamic shift in the local commercial landscape. Notable...
October 30, 2025 - 19:50
A Glimpse into the Historic Parc Vendome Residence Behind 'Annie'There are no hard knocks in this sprawling Parc Vendome residence, a stunning New York City home that holds a significant place in musical history. This luxurious apartment is not only known for...
October 30, 2025 - 01:31
Renovation Plans Unveiled for 801 Barton Springs Office Building in South AustinThe recent acquisition of the 801 Barton Springs office building in South Austin by SomeraRoad and Brick Row Holdings has sparked excitement in the local real estate community. The new owners, who...