240 Tangier Avenue, Palm Beach, FL 33480

$12,000,000
Property Type: Land & Docks Lot Size (sq. ft.): 16,988 Status: Closed
Current Price: $12,000,000 List Date: 3/18/2026 Last Modified: 9/08/2026

Overview

Description

Rare opportunity to secure an oversized 17,000 sq. ft. lot on the coveted sunny South Side of Tangier Avenue, one of Palm Beach Island's most desirable near town North End streets. Positioned on a prime stretch known for its light and proximity, this property offers an exceptional setting to reimagine or create a custom residence tailored to your vision. Moments from wide, private beaches and the Lake Trail, with easy access to town, this address captures the ease of Palm Beach living. Bike to Worth Avenue, enjoy the ocean, and embrace the island lifestyle.

Listing Details MLS# B26003619

General Property Information

Transaction Type
Listing For Sale
Property Sub Type
Unimproved Land
Lot Size Acres
0.39
Lot Size Square Feet
16988.4
Lot Depth
170
Property Description
SINGLE FAMILY RESIDENTIAL
Lot Frontage
100
LP/Assessed Value
4.37
LP/SqFt
735.8

Property Features

Current Use: Residential Development Status: Recorded Plat Documents Available: Survey; Other Environmental Audit: Unknown Possession: Close Of Escrow Sewer: Public Sewer Special Listing Conditions: Standard Utilities: Cable Available; Electricity Available; Phone Available; Sewer Connected; Water Connected Listing Terms: Cash Lot Features: Home; Landscaped; Oversized Lot Road Surface Type: Paved Tax Information: Homestead Exemption Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Text Listing Agent Contingencies: None Elevation Description: 0-5 Feet Above Sea Level Acreage Description: 1/4 To Less Than 1/2 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
12900000
Listing Service
Full Service
LP/Acre
32051282.05
LP/Frontage
125000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
240
Street Name
Tangier
Street Suffix
Avenue
City Name
Palm Beach
Municipality Type
Incorporated
Municipal Code
50
State Or Province
FL
Postal Code
33480
Postal Code +4
3516
Postal Zip
33480
Subdivision Name
TANGIER EST
Area
5001
Geographic Area
PB30
Parcel Number
50434314010000230
Subdivision Number
Yes
Zoning
R-B (city)
Flood Zone
AE
County Land Use
01

Financial Information

Master Association YN
No
Membership Fee Required YN
No
Tax Year
2025
Tax Annual Amount
43117.39
Tax Assessed/SOH Value
2863675
Tax Legal Description
TANGIER ESTATES LT 23
Assessor Market Value
10899110

Status Change Information

Major Change Timestamp
2026-08-10T22:30:32Z
Major Change Type
Status Change
Price Change Timestamp
2026-05-05T22:47:58Z
Status Change Date
2026-08-10
Under Contract Date
2026-05-26
Close Date
2026-08-10
Close Price
12000000
Buyer Financing
Cash
SP/Acre
30769230.77

More Information

Originating Details

Originating System Key
20260318104000219220000000
Originating System ID
M00000170
IDX
Listing Office: Compass Florida LLC
Last Updated: September - 08 - 2026
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