1260 S Ocean Boulevard, Manalapan, FL 33462

$40,000,000
Property Type: Land & Docks Lot Size (sq. ft.): 63,721 Status: Closed
Current Price: $40,000,000 List Date: 1/31/2022 Last Modified: 5/20/2026

Overview

Description

Ocean to intracoastal lot in exclusive Manalapan. All plans and permitting in hand for contemporary 27,500 sq ft masterpiece. Team in place consisting of RWB Construction, Marc Michaels Interior Design, and the Benedict Bullock Architecture Group. Construction can begin immediately with planned completion in fall 2023. Save over a year of planning and permitting. Unique opportunity.

Listing Details MLS# R10773633

General Property Information

Property Sub Type
Unimproved Land
Lot Size Acres
1.46
Lot Size Square Feet
63721
Lot Size Dimensions
155.0 ft x 380.0 ft
Waterfront YN
Yes
Direction Faces
West
LP/SqFt
666.97

Property Features

Current Use: Single Family Development Status: Recorded Plat Documents Available: Building Permit; Building Plan Electric: Three Phase Location of Property: City Location Possible Use: Single Family Trees: None Utilities: Electricity Available; Water Available Vegetation: Grassed Boat and Dock Features: Private Dock Listing Terms: Cash Lot Features: Cleared Membership: Other Membership Included Road Frontage Type: Public Road Road Responsibility: Public Maintained Road Road Surface Type: Paved Water Access: Ocean Access Water Source: Public Water View: Intracoastal; Ocean Waterfront Features: Intracoastal; Ocean Front; Seawall Showing Requirements: Call Listing Agent; Text Listing Agent Contingencies: Inspection Acreage Description: 1 To Less Than 2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
42500000
LP/Acre
29053869.29

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
1260
Street Direction Prefix
S
Street Name
Ocean
Street Suffix
Boulevard
City Name
Manalapan
State Or Province
FL
Postal Code
33462
Postal Zip
33462
Subdivision Name
HYPOLUXO BEACH MAP
Area
4410
Geographic Area
PB13
Parcel Number
42434502010000161
Zoning
R-1C
Directions
South on S Ocean Blvd. Lot on left side.

Financial Information

Tax Year
2021
Tax Annual Amount
175165
Tax Legal Description
HYPOLUXO BEACH MAP 1 LT 16 (LESS N 61.44 FT) & N 16.44 FT OF LT 17 (LESS SR A-1-A R/W)

Status Change Information

Major Change Timestamp
2022-03-28T22:19:00Z
Major Change Type
Status Change
Status Change Date
2022-03-28
Under Contract Date
2022-02-10
Close Date
2022-03-28
Close Price
40000000
Buyer Financing
Cash
SP/Acre
27344818.16

More Information

Short Sale Details

Short Sale Addendum
No

Boat and Dock Information

Dock
Yes

Price Calculations

Original List Price To Close Price
1.06

Originating Details

Originating System Key
20220131175640880263000000
Originating System ID
M00000170
IDX
Listing Office: Carnegie Hill Realty LLC
Last Updated: May - 20 - 2026
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