$5,850,000
721 S Ocean Boulevard
Manalapan, FL 33462
MLS# RX-3076261
Status: Closed



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Property Description
Direct Ocean-to-Intracoastal property ready for immediate construction. This vacant property is located among the estate section of Manalapan which consists of only 28 direct ocean-to-intracoastal homes. **DETAILS CONTINUED BELOW** Plans for a 14,0000 square foot residence already approved for this property (see above photos for the rendering of the proposed home). There are additional oceanfront-to-intracoastal parcels next door should the buyer so desire. This property sits at a towering 23' above sea level, and is protected by a concrete and steel seawall along with a privacy wall. This property can accomodate a yacht up to approximately 120'. Manalapan is only 15 minutes from; Palm Beach International Airport, private executive airports, Worth Aven... (see supplement for full remarks

Details
Contract Information
List Price/Acre: 5390625
Listing Date: 2010-01-01
Status: Closed
Original List Price: 9490000
Sold Price: $5,850,000
Current Price: $5,850,000
General Property Description
Price/Acre: 5390625
Price/SqFt: 123.75
Price/Front Feet: 57500
Lot Dimensions: 150x453
Lot Frontage: 150
Lot Depth: 453
Acres: 1.6
Waterfront: Yes
Waterfrontage: 150
Homeowners Assoc: None
Front Exp: West
Directions: A1A, less than a quarter mile south of the Ritz Carlton Palm Beach
Type: Single Family Detached
Subdivision: Hypoluxo Beach Map 1
Location, Tax & Legal
Geo Area: PB11
State/Province: FL
Short Sale: No
Zoning: SFR
# Parcels: 1
Special Assessment: No
REO: No
Area: 4110
County: Palm Beach
Parcel ID: 42434502010000031
Street #: 721
Street Dir: S
Street Name: Ocean
Street Suffix: Boulevard
Zip Code: 33462
Geo Lat: 26.578405
Geo Lon: -80.038618
Office/Member Info
DXORIGMLNO: RX-3076261
DXORIGMLSID: RML
Status Change Info
Terms of Sale: Cash
Sold Price/Acre: 3656250
Under Contract Date: 2010-12-23
Sold Date: 2010-12-30
Sold Price: $5,850,000
Location
Beach Area: 1
Avail Docs
Aerial: 1
Land Use
Single Family: 1
View
Intracoastal: 1
Ocean: 1
Waterfront Details
Intracoastal: 1
Navigable: 1
Ocean Access: 1
Oceanfront: 1
Seawall: 1
Lot Description
1 to < 2 Acres: 1
3 to < 5 Acres: 1
Develop Status
Unrecorded Plat: 1
Improvements
Cleared: 1
Fenced: 1
Filled: 1
Utilities Avail
Cable: 1
Electric: 1
Phone Line: 1
Public Water: 1
Septic Sewer: 1
Utilities On Site
Electric Service Available: 1
Public Water: 1
Roads
Paved: 1
Public: 1
State Road: 1
Boat Services
Dock Available: 1
Over 101 Ft Boat: 1
Soil Type
Dirt: 1
Sand: 1
Trees
Other: 1
Usage
Unimproved Sing Fami: 1
Terms Considered
Cash: 1
Conventional: 1
Elev at Sea Leval
20+ Ft: 1
Property Features
Land Use: Single Family
Location: Beach Area
Lot Description: 1 to < 2 Acres; 3 to < 5 Acres
Develop Status: Unrecorded Plat
Improvements: Cleared; Fenced; Filled
Utilities Avail: Cable; Electric; Phone Line; Public Water; Septic Sewer
Utilities On Site: Electric Service Available; Public Water
Waterfront Details: Intracoastal; Navigable; Ocean Access; Oceanfront; Seawall
View: Intracoastal; Ocean
Roads: Paved; Public; State Road
Avail Docs: Aerial
Boat Services: Dock Available; Over 101 Ft Boat
Soil Type: Dirt; Sand
Trees: Other
Usage: Unimproved Sing Fami
Elev at Sea Leval: 20+ Ft
Terms Considered: Cash; Conventional
Supplements
Direct Ocean-to-Intracoastal property ready for immediate construction. This vacant property is located among the estate section of Manalapan which consists of only 28 direct ocean-to-intracoastal homes. **DETAILS CONTINUED BELOW**Plans for a 14,0000 square foot residence already approved for this property (see above photos for the rendering of the proposed home). There are additional oceanfront-to-intracoastal parcels next door should the buyer so desire. This property sits at a towering 23' above sea level, and is protected by a concrete and steel seawall along with a privacy wall. This property can accomodate a yacht up to approximately 120'. Manalapan is only 15 minutes from; Palm Beach International Airport, private executive airports, Worth Avenue in Palm Beach, and Atlantic Avenue in Delray Beach. Residents enjoy private deeded club privileges at the prestigious Ritz Carlton Hotel in Palm Beach, boasting an all new 42,000 sq. ft. world-class spa.Taxes not yet determined by Palm Beach County, the taxes will be determined once the subdivision is approved and the sales price is recorded. This subdivision must be approved by the appropriate authorities including but not limited to Local, State, and Federal governing bodies. All dimensions are approximate, and the buyer should order a survey to verify said measurements.

IDX
Listing Office: Reback Realty, Inc

Last Updated: May - 01 - 2019

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