Worth Avenue, Palm Beach, FL 33463

$7,999,990
Property Type: Business Opportunity Status: Active
Current Price: $7,999,990 List Date: 8/25/2022 Last Modified: 4/22/2026

Overview

Description

SEEKING: BRIDGE LOANLoan amount lesser of: $7,999,990<62% LTC/LTVTERM: 12 months.RATE: Negotiable.

Supplements: Ready project in a highly desirable market.

Listing Details MLS# A11261484

General Property Information

Year Built
2025
Occupied Area
0

Property Features

Building Features: Owner Help Accommodate Business Type: Commercial; Other Documents Available: Books & Records; Contracts; Drawings; Existing Survey; Financial Statement; Investment Analysis; Site Plans; Soil Test Electric: Other Expenses Include: Accounting/Legal; Advertising; Electricity; Janitorial Service; Licenses and Permits; Miscellaneous; Other Expenses Included; Payroll; Personal Property Tax; Phone; Property Insurance; Property Management; Real Estate Tax; Water/Sewer Heating: Central; Central Individual; Electric Lease Term Remaining: Vacant Location of Property: In Residential Area; Near Airport; Near Seaport; Outparcel Possession: Close Of Escrow; Negotiable Property Condition: Under Construction Sale Includes: Building; Business; Inventory; Land; License; Machinery; Trade Name Special Information: County Jurisdiction; Corporate Owned Special Licenses: County License; State License; Other Source Of Expenses: Accountant Provided; Owner Provided; Pro Forma; Tax Return Construction Materials: CBS; Other Cooling: Central Building; Central Individual Listing Terms: Assumable; Conventional; Cryptocurrency; Owner Will Carry Sewer: Public Sewer Utilities: Sewer Available Water Source: Public; Well Showing Requirements: Appointment Only; Call Listing Agent

Contract Information

Comp Sale YN
No
Original List Price
14042000

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Name
Worth
Street Suffix
Avenue
City Name
Palm Beach
Municipal Code
30
State Or Province
FL
Postal Code
33463
Area
4590
Geographic Area
PB11
Zoning
00000000
Directions
Centrally located, Luxury Home Golf Project near it all. To just a few privileged homebuyers and investors, this beautiful community will provide easy access to the area’s best shopping, night life, education, beaches and water sports. High upside.
Property Description
13.LUX. SFR. SUB. PROJECT
Subdivision Number
0

Financial Information

Tax Annual Amount
23000
Tax Year
2025

Status Change Information

Major Change Timestamp
2026-04-01T17:49:23Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-04-01T17:49:23Z
Status Change Date
2022-08-24

More Information

Business Details

Year Established
20
Years Current Owner
16

Short Sale Details

Short Sale Addendum
No

Income and Expenses

Inc/Exp Statement Period
06/23/2024
Insurance Expense
60000
Gross Income
0

Section Details

Parcel Number MLX
0000

Originating Details

Originating System Key
373326021
Originating System ID
M00000151

Currently Not Used

Year Built
2025

Office/Member Information

DXORIGMLSID
SEF

Electric

Other
Yes

Property Condition

Under Construction
Yes

Documents Available

Books & Records
Yes
Contracts
Yes
Drawings
Yes
Existing Survey
Yes
Financial Statement
Yes
Investment Analysis
Yes
Site Plans
Yes
Soil Test
Yes

Location of Property

In Residential Area
Yes
Near Airport
Yes
Near Seaport
Yes
Outparcel
Yes

Possession

Close Of Escrow
Yes
Negotiable
Yes

Sewer

Public Sewer
Yes

Special Information

County Jurisdiction
Yes
Corporate Owned
Yes

Utilities

Sewer Available
Yes

Building and Property Details

% Air Conditioned
0

Building Features

Owner Help Accommodate
Yes

Business Type

Commercial
Yes
Other
Yes

Heating

Central
Yes
Central Individual
Yes
Electric
Yes

Sale Includes

Building
Yes
Business
Yes
Inventory
Yes
Land
Yes
License
Yes
Machinery
Yes
Trade Name
Yes

Special Licenses

County License
Yes
State License
Yes
Other
Yes

Construction Materials

CBS
Yes
Other
Yes

Listing Terms

Assumable
Yes
Conventional
Yes
Cryptocurrency
Yes
Owner Will Carry
Yes

Water Source

Public
Yes
Well
Yes

Expenses Include

Accounting/Legal
Yes
Advertising
Yes
Electricity
Yes
Janitorial Service
Yes
Licenses and Permits
Yes
Miscellaneous
Yes
Other Expenses Included
Yes
Payroll
Yes
Personal Property Tax
Yes
Phone
Yes
Property Insurance
Yes
Property Management
Yes
Real Estate Tax
Yes
Water/Sewer
Yes

Hours/Days Of Operation

Open 8 Hours/Day
Yes
# Of Days Open
6

Lease Term Remaining

Vacant
Yes

Source Of Expenses

Accountant Provided
Yes
Owner Provided
Yes
Pro Forma
Yes
Tax Return
Yes

Cooling

Central Building
Yes
Central Individual
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Agent
Yes
IDX
Listing Office: Inter Related Corp
Last Updated: April - 22 - 2026
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